Total Makes Significant Discovery And Opens A New Petroleum Province Offshore South Africa
07 Febrero 2019 - 1:33AM
Business Wire
Regulatory News:
Total (Paris:FP) (LSE:TTA) (NYSE:TOT) 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. Following the success of the
main objective, the well was deepened to a final depth of 3,633
meters and has also been successful in the Brulpadda-deep
prospect.
“We are very pleased to announce the Brulpadda discovery which
was drilled in a challenging Deepwater environment”, said Kevin
McLachlan, Senior Vice President Exploration at Total. “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 drilled this exploration well with the latest generation
drilling ship and was able to leverage its experience in similar
environments, such as the West of Shetland, UK.
Following the success of Brulpadda and confirmation of the play
potential, Total and its partners plan to acquire 3D seismic this
year, followed by up to four exploration wells on this license.
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 international (20%) and Main Street, a South African
consortium (10%).
* * * * *
About Total in South Africa
Total has been present in South Africa since 1954. The Group is
active on the whole oil and gas value chain and directly employs
1,000 people in the country.
Upstream, Total has developed oil and gas exploration activities
in the Outeniqua basin with operating interests in two blocks, 11B
/12B and South Outeniqua.
Downstream, Total, which is ranked in the top four petroleum
products market companies in South Africa, operates about 550
service stations throughout the country and is present in all other
business segments (lubricants, B2B, aviation, LPG, other
specialties).
It also has interest in the Natref refinery in Sasolburg.
Through our SunPower affiliate, Total has also been developing
solar projects and locally producing photovoltaic panels. Since
2016, its Prieska solar power plant (installed capacity of 75
megawatt-peak), located in the Northern Cape, has been supplying
electricity to the equivalent of 70,000 households.
About Total
Total is a major energy player, which produces and markets
fuels, natural gas and low-carbon electricity. Our 100,000
employees are committed to better energy that is safer, more
affordable, cleaner and accessible to as many people as possible.
Active in more than 130 countries, our ambition is to become the
responsible energy major.
* * * * *
Cautionary note
This press release, from which no legal consequences may be
drawn, is for information purposes only. The entities in which
TOTAL S.A. directly or indirectly owns investments are separate
legal entities. TOTAL S.A. has no liability for their acts or
omissions. In this document, the terms “Total” and “Total Group”
are sometimes used for convenience where general references are
made to TOTAL S.A. and/or its subsidiaries. Likewise, the words
“we”, “us” and “our” may also be used to refer to subsidiaries in
general or to those who work for them.
This document may contain forward-looking information and
statements that are based on a number of economic data and
assumptions made in a given economic, competitive and regulatory
environment. They may prove to be inaccurate in the future and are
subject to a number of risk factors. Neither TOTAL S.A. nor any of
its subsidiaries assumes any obligation to update publicly any
forward-looking information or statement, objectives or trends
contained in this document whether as a result of new information,
future events or otherwise.
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