Canadian Natural Resources Ltd. says its partner in an deep water offshore drilling project in South Africa is reporting a "significant gas condensate" discovery. That's a boon for a country that has always been short of oil and is running out of its scant domestic supply of gas.
Total said the Brulpadda well encountered 57 meters of net gas condensate pay in Lower Cretaceous reservoirs.
This discovery has opened up a new play in South Africa where Qatar Petroleum and its partners are well positioned to test other prospects on the same block.
Total was drilling about 175 kilometers (109 miles) offshore in the Outeniqua Basin to a final depth of 3,633 meters (11,900 feet).More news: Transfer Rumour: PSG plotting summer swoop for Chelsea midfielder N'Golo Kante
President Cyril Ramaphosa says that the discovery of gas off the southern Cape coast could be a game-changer for South Africa.
He stated that the discovery confirmed his decision to separate legislation for oil and gas from "traditional minerals", as it would enable policies that fully support the oil and gas sector's potential.
South Africa wants to build its gas network and has previously mentioned the possibility of importing LNG from Mozambique, where a gas pipeline already supplies most of the gas South Africa uses to power its industrial heartland in the north. A failed exploration campaign in shallow waters has meant a gas-to-liquids refinery at Mossel Bay runs well below capacity.
"We potentially could be supplied by Total with gas and condensate, which means the GTL refinery can be ramped up.it is now running below 50 percent of its design capacity", said PetroSA acting CEO Bongani Sayidini.More news: Huawei P30, P30 Pro launch set for March in Paris, confirms company
Brulpadda is one of several highly anticipated exploration prospects for the year.
The Brulpadda find, estimated at about 1 billion barrels by its operator Total ASA, could be enough to supply South Africa's refineries for nearly four years.
The Block 11B/12B covers an area of 19,000 square kilometers, with water depths ranging from 200 to 1,800 meters, and is operated by Total with a 45% working interest, alongside Qatar Petroleum (25%), CNR global (20%) and Main Street, a South African consortium (10%).More news: Six Nations Rugby: Scotland ready to exploit Ireland problems - Strauss