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Total's South Africa Discovery Could Hold 1 billion barrels Oil Equivalent

Source: Reuters 2/7/2019, Location: Africa

French oil and gas major Total’s South African offshore discovery could contain 1 billion barrels of total resources and is “probably quite big”, Chief Executive Patrick Pouyanne said on Thursday.

Total said it had made a significant gas condensate discovery after drilling its Brulpadda prospects on Block 11B/12B in the Outeniqua Basin.

“It is gas condensate and light oil. Mainly gas. There are four other prospects on the licence that we have to drill; it could be around 1 billion barrels of total resources of gas and condensate,” Pouyanne said.

The Brulpadda well encountered 57 metres of net gas condensate in Lower Cretaceous reservoirs. The well was extended to a final depth of 3,633 metres and has also been successful.

“With this discovery Total has opened a new world-class gas and oil play and is well positioned to test several follow-on prospects on the same block,” Total’s senior vice president for exploration, Kevin McLachlan, said in a statement.

Africa’s most industrialised economy, which imports most of its refined petroleum products and crude oil, welcomed the announcement.

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