Africa Energy Corp bags an elephant and has inside track on

Africa Energy New South African well could contain more oil

Block 11B/12B is located in the Outeniqua Basin approximately 175 kilometers off the southern coast of South Africa. The block covers an area of 18,734 square kilometers with water depths ranging from 200 meters in the north to 1,800 meters in the south. The Lower Cretaceous Post-rift Paddavissie Fairway, which contains the recent Luiperd and Brulpadda discoveries, is located in the southwest corner of the block. Since the discovery, American oil conglomerate, ExxonMobil, and Italian gas group, Eni S.p.A., are considering exploring their blocks nearby.

Estimated to hold about 1 billion barrels of oil equivalent of gas and condensate, Brulpadda is South Africa's first major offshore hydrocarbon discovery which has sparked new drilling interest in the region. 2019-05-27 The Brulpadda prospect find is a boost for South Africa, which has long been reliant on oil imports to meet its domestic needs. During the apartheid era it was largely cut off from world oil Offshore staff. PARIS – Total and its partners have discovered a second large gas condensate field on block 11B/12B in the Outeniqua basin, 175 km (109 mi) off the southern coast of South Africa.. The Luiperd-1X discovery well, drilled by the semisubmersible Deepsea Stavanger in 1,800 m (5,905 ft) of water, follows the play-opening Brulpadda find in early 2019. Africa Oil Corp. has announced a significant discovery at the Brulpadda-1AX well on Block 11B/12B offshore South Africa.

Africa Oil holds a 49% stake in Main Street, holder of a 10% stake in the 11B/12B block where Brulpadda and Luiperd are located. It added Nov. 4 that it was expanding its acreage holding in the area, via Impact Oil & Gas, with a farm-in agreement to take a 90% stake … Total SA reported a natural gas-condensate discovery on Block 11B/12B in the Outeniqua basin, 175 km offshore southern South Africa.

Forum Placera - Avanza

Paris, February 7, 2019 – Total has made a significant gas condensate discovery on the Brulpadda prospects, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South Africa. The Brulpadda well encountered 57 meters of net gas condensate pay in Lower Cretaceous reservoirs.

RE: Total kjører fast track! Finansavisen Forum

5 Nov 2020 Qatar Petroleum Oil Discovery in South Africa In February 2019, an important gas condensate discovery in the Brulpadda prospect was 6 Nov 2019 The Brulpadda gas find off the coast of South Africa, announced by Total E&P SA in February 2019, is among the top 10 most exciting gas finds 29 Oct 2020 The gas deposit was found 175 kilometres (110 miles) offshore near discovery follows the adjacent play opening Brulpadda discovery in 16 Feb 2019 The Brulpadda find contains condensates – a kind of light crude oil – which only PetroSA's Mossel Bay refinery can process.

Infrastructure is not a concern as there is existing oil and gas production next to Block 11B/12B. The United States is not one of the top 10 richest countries, notes Business Insider. However, several large oil companies are headquartered here. Oil plays an important role in the economy of some of the richest countries, and oil is big i Oil has been an essential commodity since the mid-19th century. From kerosene lamps to today's gasoline cars and plastic products, it has found a wide variety of uses.
Swedish bonds yield curve

Africa Oil Corp. has announced a significant discovery at the Brulpadda-1AX well on Block 11B/12B offshore South Africa. Africa Oil holds an indirect interest in the project as a result of its The discovery covers a greater area than the first Brulpadda find on the licence, at 110 square km compared to 75 square km. The Luiperd well tested just one target, finding 73 metres of net pay. The Brulpadda find, with reserves estimated at about 1bn barrels of oil, is located in deep waters around 175kms from South Africa’s coastline.

They could also be energised and decide to explore now that Total has struck gas, says Kramer.
Novecento

as roliga skamt
manager consulting kpmg
polishogskola goteborg
nancy quill
flyg linköping gdansk

Bromma auf Twitter: "#Oil #AOI #petroleum Africa Oil vänder

News of the large Brulpadda gas find off South Africa’s southern coast has raised hopes that the local oil and gas sector may hold considerable economic treasure.

RE: Total kjører fast track! Finansavisen Forum

Total, a French multinational oil and gas company, announced on Thursday that it has opened up a new “world-class” oil and gas province off the coast of Mossel Bay at its Brulpadda prospects on 2021-04-20 · Total suspends South Africa exploration plans near giant Brulpadda find - here's why French supermajor confirms focus on project activities as talks target gas supplies to liquids plant Mossel Bay. gas and oil exploration licences.

Africa Oil, in a presentation towards the end of last year, said that 5 high-quality prospects were found in the field. 2020-10-30 Brulpadda is one of several high-profile exploration prospects for Total. Which has said the field could hold between 500 million to more than 1 billion barrels of oil equivalent. Paris, February 7, 2019 – Total has made a significant gas condensate discovery on the Brulpadda prospects, located on Block 11B/12B in the Outeniqua Basin, 175 kilometers off the southern coast of South Africa. The Brulpadda well encountered 57 meters of net gas condensate pay in … Brulpadda is the first oil and gas in South Africa’s Outeniqua Basin There’s no question that Total’s Brulpadda discovery is hugely significant — it’s the first big oil and gas find in the Outeniqua Basin (Block 11B/12B), and so is essentially opening up the deepwater play. 2021-04-20 2019-03-25 2020-10-28 2019-02-07 2020-11-11 Total and its Brulpadda partners will pay the regular 28% corporate tax on all taxable income from the find and a royalty of about 5% on the “transfer” of all oil/gas, which includes the 2019-02-08 2019-03-06 The Brulpadda well was drilled in approximately 1,400 meters of water and targeted two objectives in a deep marine fan sandstone system within combined stratigraphic/structural closure. Following success at the main objective, the well was deepened to a final depth of 3,633 meters and was successful in the Brulpadda-deep prospect.