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November 22, 2021

Cosmos Conventional Oil Field, Tunisia

By Carmen

Cosmos is a conventional oil development located in shallow water in Tunisia and is operated by Medco Ventures International (Barbados). Discovered in 1983, Cosmos lies in block Cosmos, with water depth of around 492 feet.

The project is currently in approval stage and is expected to start commercial production in 2023. The Cosmos conventional oil development will involve the drilling of approximately three wells and includes FPSO, subsea tree, and wellhead platforms.

Field participation details

The field is owned by Entreprise Tunisienne d’Activites Petrolieres, Anglo Tunisian Oil & Gas and Sirius Petroleum.


Production from Cosmos

Production from the Cosmos conventional oil development project is expected to begin in 2023 and is forecast to peak in 2024, to approximately 4,225 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2055.


Remaining recoverable reserves

The field is expected to recover 15.58 Mmboe, comprised of 15.58 Mmbbl of crude oil & condensate.


Contractors involved in the Cosmos conventional oil field

Some of the key contractors involved in the Cosmos project as follows.

Design/FEED Engineering: Kavin Engineering And Services

Other Contractors: Aker Subsea

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Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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