EXCLUSIVE: SA gas find at least eight years away from production
The Brulpadda prospect off the Mossel Bay coast is expected be a game-changer for SA economy
A significant gas find off the coast of Mossel Bay by French multinational Total could take at least eight years to come into actual production. The estimate is an industry rule of thumb for the time it typically takes an oil or gas discovery to translate into production, said Adewale Fayemi, general manager of Total Exploration & Production SA, in an interview with Business Day. The oil and gas company on Thursday last week announced it had, together with its partners, discovered significant amounts of gas condensate at its Brulpadda prospect, off the coast of Mossel Bay in the Western Cape. Gas condensate is predominantly gas but with traces of oil, Fayemi explained. It is widely expected to be a game-changer for SA, generating significant revenues for the economy. The quality, or energy content of the resource at Brulpadda, is yet to be determined as samples must be formally analysed. Although “very excited” about the find, Fayemi said Total needed to drill more in the block befo...
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