Following the great success of PIAfrica 2019, the 4th edition of Pension Funds and Alternative Investments Africa Virtual Conference is confirmed for 18 – 19 March 2021 …

13 Aug 2020 The Odfjell Deepsea Stavanger rig drilled the. Brulpadda-1AX discovery in February 2019 and returned to South Africa in August 2020 to drill up.

Last year, in October, more deep-sea gas condensate was discovered at the Luiperd prospect. (Atlantic) and Impact Oil and Gas, it also has indirect interests in South Africa, Namibia, Nigeria, AGC Profond and Guyana. 2-3 High impact exploration wells in the next 12 months 2019-2020 Discoveries 4 wells drilled, 4 discoveries – Brulpadda, Jethro, Joe and Luiperd South Africa –Block 11B/12B Brulpadda and Luiperd discoveries Namibia Total has made a second discovery offshore South Africa in the Outeniqua Basin, following the Brulpadda discovery of 2019. The company drilled the Luiperd well in Block 11B/12B. The Brulpadda find has the petrochemical industry a buzz, but what does it really mean for the industry and the greater South African energy landscape as a whole.

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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. This is the second big find in Block 11B/12B, 175km off the southern coast of Mossel Bay. If the exploration is successful, a former CEO of MTN and the shareholders of HCI may be the main South African beneficiaries. For more articles, go to www.businessinsider.co.za. On Wednesday, Total confirmed that it had discovered a “significant” find of wet gas - gas that contains a small amount of oil - in the Luiperd prospect, located 175km off the southern coast of Mossel Bay. Attracting investors to oil and gas sectors via licensing bidding In a statement, the minister said the arrival of the drill rig, which follows the recent successful Brulpadda gas condensate discovery, reaffirms confidence in South Africa as an investment destination of choice for the exploration of oil and gas. The Brulpadda well encountered oil pay and a total of 57 meters of net gas condensate pay over two Middle to Lower Cretaceous high-quality reservoirs. Core samples were taken in the upper reservoir, and a comprehensive logging and sampling program was performed over both reservoirs.

Deepsea Stavanger drilled the basin-opening Brulpadda oil and gas discovery on Block 11B/12B in February 2019. Block 11B/12B is located in the Outeniqua Basin 175 kilometers off the southern coast of South Africa. The block covers an area of approximately …

We will not be paying less for fuel due to this find even though the communicated volume of gas and condensate is estimated to be in the region of 1 Billion barrels of oil equivalent. Total owns 45% of Block 11B/12B, the area of 19,000 square kilometres which houses both Brulpadda and Luiperd, “The initial well results are better than anticipated,” s aid Saad Sherida Al-Kaabi, the Qatari minister of energy, and president of Qatar Petroleum, which owns 25% of the block.

Tower Resources, the AIM listed oil and gas company with its focus on Africa, has announced that its subsidiary Rift Petroleum has received updated resource estimates from its 50% partner and license Operator, New Age, following New Age’s interpretation of the reprocessing of additional 2D seismic data covering the Algoa-Gamtoos license, offshore South Africa. The…

As soon as the find was announced, oil and gas executives in South Africa started to calculate excitedly how much revenue would allegedly accrue to the South African economy.

In an article last week, IHS Markit said it expected reserves at Luiperd to be in excess of the 1 billion barrels of oil equivalent (Bboe). The wealth from South Africa’s own recent gas and oil discovery, nicknamed Brulpadda (bullfrog in English), needs to be well managed. Follow. Save. Exploration for oil or minerals is a risky The Brulpadda find, with reserves estimated at about 1bn barrels of oil, is located in deep waters around 175kms from South Africa’s coastline. It could be enough to supply South Africa’s refineries for almost four years and be a major boost for the country’s struggling economy. The Brulpadda-1AX exploration well is being drilled in 1,432 meters of water by the Odfjell Deepsea Stavanger semi-submersible rig to a total depth of 3,420 meters subsea.
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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. The need for oil is still very strong, although it goes through normal f Don’t underestimate how important the oil is in a car because it plays a vital part in the running of the motor.

Angola Block 29 block 48 Brulpadda Congo basin ExxonMobil Kosmos Energy Luiperd Maersk Namibe Basin Namibia Outeniqua Basin QP Sonangol South Africa Total Venus-1 Comment on Oil and Gas Discoveries and Activity in Southwest Africa Set to Open New Basins for Development and Trigger Big Investments in Namibia, Angola and 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.
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• Better than expected drilling results with Luiperd net pay of 73m and Brulpadda net pay of 57m • Discoveries are expected to underpin commercialization with further upside from the undrilled targets • Africa Oil has an effective ~30% interest in Africa Energy through a direct shareholding and indirectly

Exploration for oil or minerals is a risky activity. what is clearly a significant quantity of hydrocarbons in their concession area 275km south of Mossel Bay, called Brulpadda. In this case Odfjell’s Deepsea Stavanger is rising to the challenge, having successfully completed the Brulpadda discovery last year. This play-opening gem logged 34m of gas condensate and oil pay in mid-Cretaceous high net-to-gross (N/G) sands, and 23m gas condensate in the Lower Cretaceous with similarly high N/G and without encountering an oil-water contact. The Brulpadda and Luiperd discoveries are therefore significant in that (1) they prove that South Africa, though under explored, does have exploration and production potential, and (2) if Brulpadda and Luiperd are determined to be commercially viable, these discoveries could launch the South African oil and gas industry to the next level and attract much needed investment. Africa Oil ägdes år 2017 till strax under tio procent av Lundinfamiljens bolag.