UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549


FORM SD

SPECIALIZED DISCLOSURE REPORT

KOSMOS ENERGY LTD.
(Exact Name of Registrant as Specified in its Charter)


Delaware001-3516798-0686001
(State or other jurisdiction
of incorporation or organization)
(Commission
File Number)		(I.R.S. Employer
Identification No.)
8176 Park Lane
Dallas,Texas75231
(Address of Principal Executive Offices)
(Zip Code)


Josh R. Marion, Senior Vice President and General Counsel, Tel no. +1 214 445 9600, Email jmarion@kosmosenergy.com
Neal D. Shah, Senior Vice President and Chief Financial Officer, Tel no. +1 214 445 9600, Email nshah@kosmosenergy.com
(Name and telephone, including area code, of the person to contact in connection with this report.)


Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:

☐  Rule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1), for the reporting period from January 1 to December 31, 2023.
☒  Rule 13q-1 under the Securities Exchange Act (17 CFR 240.13q-1), for the fiscal year ended December 31, 2023.





Section 2 - Resource Extraction Issuer Disclosure

Item 2.01     Resource Extraction Issuer Disclosure and Report

Kosmos Energy Ltd. (the "Company") is relying on the alternative reporting provision of Item 2.01(c) of Form SD.

The Company is subject to, and has published its report on payments to governments in response to the requirements of DTR 4.3A of the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules (DTR 4.3A) that implements the payments to governments requirements provided for in the EU Transparency Directive in the United Kingdom.

The Company has prepared a report of payments made to governments for the year ended December 31, 2023 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928) (the Regulations) and DTR 4.3A of the UK Financial Conduct Authority's Disclosure Guidance and Transparency Rules (DTR 4.3A). The Payments to Government data are reflective of select payments made to government entities by Kosmos Energy Ltd. These payments are categorized consistent with the Report on Payments to Governments Regulations 2014 (as amended in December 2015). The Regulations are recognized by the United States Securities and Exchange Commission as an alternative reporting regime that satisfies the transparency objections of Section 13(q) under the Securities Exchange Act of 1934 for purposes of alternative reporting under Rule 13q-1(c) and paragraph (c) of Item 2.01 of Form SD.

The Company's report on payments to governments for the year ended December 31, 2023, has been provided to the National Storage Mechanism and is available for inspection at https://data.fca.org.uk/artefacts/NSM/RNS/5220499.html.

The payment disclosure required by Item 2.01 of Form SD for the year ended December 31, 2023 is included as Exhibit 2.01 to this Form SD.

Section 3 - Exhibits
Item 3.01    Exhibits
The following exhibit is included as part of this report.










2





SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



Date: September 5, 2024

KOSMOS ENERGY LTD.
By:
/s/ NEAL D. SHAH
Neal D. Shah
Senior Vice President and Chief Financial Officer






3
Image_0.jpg                                                            


    Exhibit 2.01
Report on Payments to Government for the Year 2023
Kosmos Energy Ltd. has prepared the following consolidated report in respect of payments made to governments for the year ended 31 December 2023 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928) and DTR 4.3A of the Financial Conduct Authority’s Disclosure and Transparency Rules.
Payments to Governments (USD)1
 Unit of MeasureEquatorial GuineaGhanaMauritania São Tomé & PríncipeSenegalUnited KingdomUnited States
Income Taxes2
USD$ 82,993,000  196,890,000 --- 1,441,000  608,000
Royalties3
BOE 433,000 717,000 -  -  -  -  927,000
Royalties4
USD$ 35,783,000  55,220,000  -  -  -  -  62,668,000
DividendsUSD$ -  -  -  -  -  -  -
Bonuses5
USD$ -  -  -  -  -  -  443,000
License Fees (Surface Rentals, etc.)6
USD$ 2,245,000  474,000  -  -  -  -  1,390,000
Infrastructure ImprovementUSD$ -  -  -  -  -  -  -
TotalUSD$ 121,021,000  252,584,000  -  -  -  1,441,000  65,109,000

FOOTNOTES
1.Government includes any national, regional, or local authority of a country, and includes a department, agency or entity that is a subsidiary of a government, including a national oil company.
2.Income taxes - Inclusive of tax refunds received. This is based on taxes assessed on income.
3.Royalties - Royalties are paid to the Government of Ghana and the Republic of Equatorial Guinea in-kind out of Kosmos Energy’s working interest share of production and as reported by the third-party operator. United States royalties are payments to the United States Office of Natural Resources Revenue (ONRR) based on actual production from offshore federal leases.
4.Royalties - The value of oil royalties for Equatorial Guinea and Ghana are estimated based on the annual average of daily Brent prices of $82.64 during 2023. The value of gas royalties for Ghana are based on the actual sales price realized. United States royalties are actual payments to the United States ONRR.
5.Bonuses - Payments made to the federal government when acquiring offshore leases.
6.License Fees - Payments made primarily to the federal government for annual rentals and applications for permits.

In addition to the above Payments to Governments, Kosmos Energy Ltd. has prepared the following supplemental information for the year ended 31 December 2023.

Payments to Governments (USD) - Supplemental Information
 Unit of Measure
Equatorial Guinea5
Ghana6
MauritaniaSão Tomé & PríncipeSenegalUnited KingdomUnited States
Production Entitlements1
bbls284,000------
Estimated Production Entitlements1
USD$23,470,000------
Envt, Capacity Building & Social Projects2
USD$5,000-8,000-287,000--
Training2
USD$332,000--95,000---
Taxes (Non-Income)3,4
USD$232,0009,755,000593,00045,000501,0001,902,0004,736,000

FOOTNOTES
1.Production entitlements are paid to the Republic of Equatorial Guinea in barrels of oil based on their participating interest. The production entitlement amounts presented represent Kosmos Energy’s participating share received by the Republic of Equatorial Guinea. The value of the production entitlements disclosed above are based on the annual average of daily Brent prices of $82.64 during 2023.
2.Represents payments made directly to government for satisfaction of obligations per the Petroleum Agreements and/or Petroleum Sharing Contracts (PSCs), as applicable. In addition to the numbers above, Kosmos made payments to national oil company employees in accordance with training obligations per the PSCs totaling $16,000 in Equatorial Guinea.
3.Inclusive of any tax refunds received.
4.Primarily withholding taxes on interest payments, employer paid payroll-related taxes, and property taxes paid on pipe and tangible goods inventory stored at various onshore locations in the United States. These values are exclusive of withholding or similar taxes remitted on behalf of service providers.
5.Figures presented exclude approximately $300,000 paid to Luba Freeport for shorebase services as well as $600,000 and $440,000 of insurance costs paid to Africa Reinsurance Corporation and Gepetrol Seguros S.A., respectively.
6.Figures presented exclude approximately $500,000 of insurance costs paid to Ghana Oil & Gas Insurance Pool.

Image_0.jpg                                                            



Payments to Governments (USD$) - Receiving Entity-Level Disclosures1
 
Production Entitlements (bbls)2
Estimated Production Entitlements (USD$)2
Income Taxes3
Royalties
(BOE)2
 Royalties
(USD$)2
DividendsBonusesLicense
Fees 		Infrastructure Improvement
Environment, Capacity Building & Social Projects4
Training4
Taxes
(Non-Income)5
TOTAL
Ministry of Mines and Hydrocarbons
284,00023,470,000-433,00035,783,000--2,233,000--28,000-61,514,000
Tresoreria General Del Estado
--82,993,000----12,000---149,00083,154,000
Instituto Nacional de Seguridad Social de Guinea Ecuatorial
-----------71,00071,000
Fondo de Formacion del Ministerio de Minas e
----------304,000-304,000
Excmo Ayuntamiento de Malabo
-----------12,00012,000
Tresor Public De Guinee Equatoriale Depots
-------------
Various
---------5,000--5,000
Total Equatorial Guinea6
284,000$23,470,000$82,993,000433,000$35,783,000--$2,245,000-$5,000$332,000$232,000$145,060,000
Government of Republic of Ghana
---717,00055,220,000-------55,220,000
Petroleum Commission of Ghana
-------472,000----472,000
Registrar General Department
-------------
Social Security & Nat'l Insura
-------------
Ghana Revenue Authority
--196,890,000--------9,696,000206,586,000
Electricity Company of Ghana
-----------55,00055,000
Various
-------2,000---4,0006,000
Total Ghana7
--$196,890,000717,000$55,220,000--$474,000---$9,755,000$262,339,000
Caisse Nationale D'Assuramce Maladie
-----------78,00078,000
Caisse Nationale De Securite Sociale
-----------5,0005,000
Tresorier General
-----------504,000504,000
Commissariat à la Sécurité Alimentaire
-------------
Various
---------8,000-6,00014,000
Total Mauritania
---------$8,000-$593,000$601,000
INSS - Instituto Nacional De Seguranca Social
-----------10,00010,000
Tesouro Publico
-----------28,00028,000
Agencia Nacional Do Petroleo ANPSTP
----------95,000-95,000
Various
-----------7,0007,000
Total Sao Tome & Principe
----------$95,000$45,000$140,000
Chef du Bureau de Recouvrement
-----------411,000411,000
Senegal Retirement
-----------11,00011,000
Senegal Social Security
-------------
Conseil National De Developpment De La Nutrition
-------------
Parc National des Oiseaux du Djoudj
---------285,000--285,000
Various
---------2,000-79,00081,000
Total Senegal
---------$287,000-$501,000$788,000
ONRR
---927,00062,668,000-443,0001,390,000----64,501,000
Internal Revenue Service
--(594,000)---------(594,000)
Various
--1,202,000--------4,736,0005,938,000
Total United States of America
--$608,000927,000$62,668,000-$443,000$1,390,000---$4,736,000$69,845,000
HMRC Cumbernauld
--1,441,000--------1,902,0003,343,000
Total United Kingdom
--$1,441,000--------$1,902,000$3,343,000
Total
284,000$23,470,000$281,932,0002,077,000$153,671,000-$443,000$4,109,000-$300,000$427,000$17,764,000$482,116,000



Image_0.jpg                                                            




FOOTNOTES
1.Kosmos Energy Ltd. has prepared the following report of payments made to governments for the year ended December 31, 2023 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928). The Payments to Government data are reflective of select payments made to government entities by Kosmos Energy Ltd.. These payments are categorized consistent with the Report on Payments to Governments Regulations 2014 (as amended in December 2015) (the Regulations). Kosmos Energy has also included supplementary disclosures of payments to governments in addition to those prescribed by the Regulations.
2.Production entitlements are paid to the Republic of Equatorial Guinea in barrels of oil based on their participating interest. The production entitlement amounts presented represent Kosmos Energy's participating share received by the Republic of Equatorial Guinea. Royalties are paid to the Government of Ghana and the Republic of Equatorial Guinea in-kind out of Kosmos Energy's working interest share of production and as reported by the third-party operator. The value of the international oil royalties and production entitlements disclosed above are based on the annual average of daily Brent prices of USD$82.64 during 2023. The value of gas royalties for Ghana are based on the actual sales price realized. United States royalties are actual payments to the United States Office of Natural Resources Revenue (ONRR) based on actual production from offshore federal leases.
3.Inclusive of tax refunds received. This is based on taxes assessed on income.
4.Represents payments made directly to government for satisfaction of obligations per the Petroleum Agreements and/or Petroleum Sharing Contracts (PSCs), as applicable. In addition to the numbers above, Kosmos made payments to national oil company employees in accordance with training obligations per the PSCs totaling USD$21,000 in Equatorial Guinea.
5.Primarily withholding taxes on interest payments, employer paid payroll-related taxes, and property taxes paid on pipe and tangible goods inventory stored at various onshore locations in the United States. These values are exclusive of withholding or similar taxes remitted on behalf of service providers.
6.Figures presented exclude approximately USD$300,000 paid to Luba Freeport for shorebase services as well as approximately USD$600,000 and USD$440,000 of insurance costs paid to Africa Reinsurance Corporation and GEPetrol Seguros, respectively.
7.Figures presented exclude approximately USD$500,000 of insurance costs paid to Ghana Oil & Gas Insurance Pool.






















Image_0.jpg                                                            




Payments to Governments (USD$) - Project-Level Disclosures1
 
Production Entitlements (bbls)2
Estimated Production Entitlements (USD$)2
Income Taxes3
Royalties
(BOE)2
 Royalties
(USD$)2
DividendsBonusesLicense Fees Infrastructure Improvement
Environment, Capacity Building & Social Projects4
Training4
Taxes (Non-Income)5
TOTAL
Ceiba Field
72,0005,950,000-128,00010,578,000-------$16,528,000
Okume Complex Field
212,00017,520,000-305,00025,205,000-------$42,725,000
Equatorial Guinea Block S
-------131,000--118,00058,000$307,000
Equatorial Guinea Block W
-------—--2,00058,000$60,000
Equatorial Guinea Block 21
-------125,000--103,00058,000$286,000
Equatorial Guinea Block 24
-------1,989,000--109,00058,000$2,156,000
Company Level - Kosmos Equatorial Guinea, Inc.
--82,992,000---------$82,992,000
Company Level - Kosmos Energy Equatorial Guinea
--1,000------5,000--$6,000
Total Equatorial Guinea6
284,000$23,470,000$82,993,000433,000$35,783,000--$2,245,000-$5,000$332,000$232,000$145,060,000
Jubilee
---628,00049,484,000-------$49,484,000
TEN
---89,0005,736,000-------$5,736,000
West Cape Three Points
-------237,000----$237,000
Deepwater Tano
-------237,000----$237,000
Company Level
--196,890,000--------9,755,000$206,645,000
Total Ghana7
--$196,890,000717,000$55,220,000--$474,000---$9,755,000$262,339,000
Company Level
---------8,000-593,000$601,000
Total Mauritania
---------$8,000-$593,000$601,000
Block 5
----------95,000-$95,000
Company Level
-----------45,000$45,000
Total Sao Tome and Principe
----------$95,000$45,000$140,000
Company Level
—————————287,000—501,000$788,000
Total Senegal
---------$287,000—$501,000$788,000
Mississippi Canyon
---574,00040,817,000--451,000----$41,268,000
De Soto Canyon
-------311,000----$311,000
Garden Banks
---10,000738,000--47,000----$785,000
Green Canyon
---343,00021,113,000--133,000----$21,246,000
Keathley Canyon
------443,000375,000----$818,000
Walker Ridge
-------63,000----$63,000
Company Level
--608,000----10,000---4,736,000$5,354,000
Total United States of America
--$608,000927,000$62,668,000-$443,000$1,390,000---$4,736,000$69,845,000
Company Level
--1,441,000--------1,902,000$3,343,000
Total United Kingdom
--$1,441,000--------$1,902,000$3,343,000
Total
284,000$23,470,000$281,932,0002,077,000$153,671,000-$443,000$4,109,000-$300,000$427,000$17,764,000$482,116,000





Image_0.jpg                                                            





FOOTNOTES
1.Kosmos Energy Ltd. has prepared the following report of payments made to governments for the year ended December 31, 2023 in accordance with the Reports on Payments to Governments Regulations 2014 (2014/3209) as amended by the Reports on Payments to Governments (Amendment) Regulations 2015 (2015/1928). The Payments to Government data are reflective of select payments made to government entities by Kosmos Energy Ltd.. These payments are categorized consistent with the Report on Payments to Governments Regulations 2014 (as amended in December 2015) (the Regulations). Kosmos Energy has also included supplementary disclosures of payments to governments in addition to those prescribed by the Regulations.
2.Production entitlements are paid to the Republic of Equatorial Guinea in barrels of oil based on their participating interest. The production entitlement amounts presented represent Kosmos Energy's participating share received by the Republic of Equatorial Guinea. Royalties are paid to the Government of Ghana and the Republic of Equatorial Guinea in-kind out of Kosmos Energy's working interest share of production and as reported by the third-party operator. The value of the international oil royalties and production entitlements disclosed above are based on the annual average of daily Brent prices of USD$82.64 during 2023. The value of gas royalties for Ghana are based on the actual sales price realized. United States royalties are actual payments to the United States Office of Natural Resources Revenue (ONRR) based on actual production from offshore federal leases.
3.Inclusive of tax refunds received. This is based on taxes assessed on income.
4.Represents payments made directly to government for satisfaction of obligations per the Petroleum Agreements and/or Petroleum Sharing Contracts (PSCs), as applicable. In addition to the numbers above, Kosmos made payments to national oil company employees in accordance with training obligations per the PSCs totaling USD$16,000 in Equatorial Guinea.
5.Primarily withholding taxes on interest payments, employer paid payroll-related taxes, and property taxes paid on pipe and tangible goods inventory stored at various onshore locations in the United States. These values are exclusive of withholding or similar taxes remitted on behalf of service providers.
6.Figures presented exclude approximately USD$300,000 paid to Luba Freeport for shorebase services as well as USD$600,000 and USD$440,000 of insurance costs paid to Africa Reinsurance Corporation and Gepetrol Seguros S.A., respectively.
7.Figures presented exclude approximately USD$500,000 of insurance costs paid to Ghana Oil & Gas Insurance Pool.

v3.24.2.u1
Document Information
 12 Months Ended
Dec. 31, 2023
Document Information:  
Document Type 2.01 SD
Amendment false
CIK 0001509991
Registrant Name Kosmos Energy Ltd.
Period End Date Dec. 31, 2023
Reporting Currency USD
v3.24.2.u1
Payments, by Category - USD ($)
Taxes
Royalties
Fees
Prod. Entitlements
Bonuses
Comm. Social Resp.
Total Payments
Total $ 299,696,000 $ 153,671,000 $ 4,109,000 $ 23,470,000 $ 443,000 $ 727,000 $ 482,116,000
v3.24.2.u1
Payments, by Project - 12 months ended Dec. 31, 2023 - USD ($)
Taxes
Royalties
Fees
Prod. Entitlements
Bonuses
Comm. Social Resp.
Total Payments
Total $ 299,696,000 $ 153,671,000 $ 4,109,000 $ 23,470,000 $ 443,000 $ 727,000 $ 482,116,000
Ceiba Field [Member]              
Total   10,578,000   5,950,000     16,528,000
Okume Complex Field [Member]              
Total   25,205,000   $ 17,520,000     42,725,000
Equatorial Guinea Block S [Member]              
Total 58,000   131,000     118,000 307,000
Equatorial Guinea Block W [Member]              
Total 58,000         2,000 60,000
Equatorial Guinea Block 21 [Member]              
Total 58,000   125,000     103,000 286,000
Equatorial Guinea Block 24 [Member]              
Total 58,000   1,989,000     109,000 2,156,000
Company Level - Kosmos Equatorial Guinea, Inc. [Member]              
Total 82,992,000           82,992,000
Company Level - Kosmos Energy Equatorial Guinea [Member]              
Total 1,000         5,000 6,000
Jubilee [Member]              
Total   49,484,000         49,484,000
TEN [Member]              
Total   5,736,000         5,736,000
West Cape Three Points [Member]              
Total     237,000       237,000
Deepwater Tano [Member]              
Total     237,000       237,000
Company Level Ghana [Member]              
Total 206,645,000           206,645,000
Company Level Mauritania [Member]              
Total 593,000         8,000 601,000
Block 5 [Member]              
Total           95,000 95,000
Company Level Sao Tome and Principe [Member]              
Total 45,000           45,000
Company Level Senegal [Member]              
Total 501,000         $ 287,000 788,000
Mississippi Canyon [Member]              
Total   40,817,000 451,000       41,268,000
De Soto Canyon [Member]              
Total     311,000       311,000
Garden Banks [Member]              
Total   738,000 47,000       785,000
Green Canyon [Member]              
Total   $ 21,113,000 133,000       21,246,000
Keathley Canyon [Member]              
Total     375,000   $ 443,000   818,000
Walker Ridge [Member]              
Total     63,000       63,000
Company Level United States [Member]              
Total 5,344,000   $ 10,000       5,354,000
Company Level United Kingdom [Member]              
Total $ 3,343,000           $ 3,343,000
v3.24.2.u1
Payments, by Government - 12 months ended Dec. 31, 2023 - USD ($)
Taxes
Royalties
Fees
Prod. Entitlements
Bonuses
Comm. Social Resp.
Total Payments
Total $ 299,696,000 $ 153,671,000 $ 4,109,000 $ 23,470,000 $ 443,000 $ 727,000 $ 482,116,000
EQUATORIAL GUINEA              
Total 83,225,000 35,783,000 2,245,000 23,470,000   337,000 145,060,000
EQUATORIAL GUINEA | Ministry Of Mines And Hydrocarbons [Member]              
Total   35,783,000 2,233,000 $ 23,470,000   28,000 61,514,000
EQUATORIAL GUINEA | Tresoreria General Del Estado [Member]              
Total 83,142,000   12,000       83,154,000
EQUATORIAL GUINEA | Instituto Nacional de Seguridad Social de Guinea Ecuatorial [Member]              
Total 71,000           71,000
EQUATORIAL GUINEA | Fondo de Formaction del Ministerio de Minas e [Member]              
Total           304,000 304,000
EQUATORIAL GUINEA | Excmo Avuntamiento De Malabo [Member]              
Total 12,000           12,000
EQUATORIAL GUINEA | Various Equatorial Guinea [Member]              
Total           5,000 5,000
GHANA              
Total 206,645,000 55,220,000 474,000       262,339,000
GHANA | Government of Republic of Ghana [Member]              
Total   55,220,000         55,220,000
GHANA | Petroleum Commission of Ghana [Member]              
Total     472,000       472,000
GHANA | Ghana Revenue Authority [Member]              
Total 206,586,000           206,586,000
GHANA | Electricity Company of Ghana [Member]              
Total 55,000           55,000
GHANA | Various Ghana [Member]              
Total 4,000   2,000       6,000
MAURITANIA              
Total 593,000         8,000 601,000
MAURITANIA | Caisse Nationale D'Assuramce Maladie [Member]              
Total 78,000           78,000
MAURITANIA | Caisse Nationale De Securite Sociale [Member]              
Total 5,000           5,000
MAURITANIA | Tresorier General [Member]              
Total 504,000           504,000
MAURITANIA | Various Mauritania [Member]              
Total 6,000         8,000 14,000
SAO TOME AND PRINCIPE              
Total 45,000         95,000 140,000
SAO TOME AND PRINCIPE | INSS - Instituto Nacional De Seguranca Social [Member]              
Total 10,000           10,000
SAO TOME AND PRINCIPE | Tesouro Publico [Member]              
Total 28,000           28,000
SAO TOME AND PRINCIPE | Agencia Nacional Do Petroleo ANPSTP [Member]              
Total           95,000 95,000
SAO TOME AND PRINCIPE | Various Sao Tome & Principe [Member]              
Total 7,000           7,000
SENEGAL              
Total 501,000         287,000 788,000
SENEGAL | Chef du Bureau de Recouvrement [Member]              
Total 411,000           411,000
SENEGAL | Senegal Retirement [Member]              
Total 11,000           11,000
SENEGAL | Parc National des Oiseaux du Djoudj [Member]              
Total           285,000 285,000
SENEGAL | Various Senegal [Member]              
Total 79,000         $ 2,000 81,000
UNITED STATES              
Total 5,344,000 62,668,000 1,390,000   443,000   69,845,000
UNITED STATES | ONRR [Member]              
Total   $ 62,668,000 $ 1,390,000   $ 443,000   64,501,000
UNITED STATES | Internal Revenue Service [Member]              
Total (594,000)           (594,000)
UNITED STATES | Various United States [Member]              
Total 5,938,000           5,938,000
UNITED KINGDOM              
Total 3,343,000           3,343,000
UNITED KINGDOM | HMRC Cumbernauld [Member]              
Total $ 3,343,000           $ 3,343,000
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