Kosmos Energy Successfully Drills J-74 Well in Ghana, Expects Over 10,000 BOPD
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 05 2026
0mins
Source: Newsfilter
- Successful Well Drilling: Kosmos has successfully drilled the J-74 well in Ghana, expecting production to exceed 10,000 barrels per day, which will significantly boost total production to nearly 70,000 BOPD at the start of 2026, enhancing the company's operational capacity in Ghana.
- License Extensions: The company received government approval to extend its West Cape Three Points and Deep Water Tano Petroleum Agreements to 2040, which is expected to increase 2P reserves and allow for the development of up to 20 additional wells, strengthening future production potential.
- TEN FPSO Acquisition: The TEN partnership has agreed on final terms to acquire the TEN FPSO, with the agreement expected to be signed in early 2026, and this transition of ownership is anticipated to significantly reduce operating costs, enhancing the company's financial leverage.
- LNG Project Progress: In Mauritania and Senegal, the GTA liquefied natural gas project continues to ramp up, achieving a peak production capacity of 3 million tonnes per annum in December, with cargo liftings expected to nearly double in 2026, further driving revenue growth.
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Analyst Views on KOS
Wall Street analysts forecast KOS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for KOS is 2.16 USD with a low forecast of 0.80 USD and a high forecast of 4.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
9 Analyst Rating
3 Buy
5 Hold
1 Sell
Hold
Current: 1.520
Low
0.80
Averages
2.16
High
4.00
Current: 1.520
Low
0.80
Averages
2.16
High
4.00
About KOS
Kosmos Energy Ltd. is a deepwater exploration and production company. The Company has diversified oil and gas production from assets offshore Ghana, Equatorial Guinea, Mauritania, Senegal and the Gulf of America. The Company's Ghana operations include Jubilee Field and TEN Fields. The Jubilee Field straddles both the West Cape Three Points and Deepwater Tano blocks. The Company has interests in the Ceiba Field and Okume Complex production assets located offshore Equatorial Guinea. It also has interests in EG-01, EG-24 and S blocks that are located in the southern part of the Gulf of Guinea. Its Greater Tortue Ahmeyim Project is an offshore liquified natural gas project in Mauritania and Senegal. In Senegal, it has participating interests in the Cayar Offshore Profond Block. Its key fields in the Gulf of America include Odd Job, Tornado, Kodiak, Winterfell and Tiberius. It is an operator for the petroleum contract covering Block 5, offshore Sao Tome and Principe in the Gulf of Guinea.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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