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Wednesday, November 14, 2018
South Africa is set to see some drilling action from Total E&P in the near future. The company will be drilling on Block 11B/12B, which could be one of South Africa’s most prospective oil exploration assets in Africa with multi-billion-barrel potential and a high chance of success. Total is the operator of the block.
The Odfjell Deepsea Stavanger semi-submersible rig is mobilizing from the North Sea to spud the Brulpadda well on Block 11B/12B in December. A discovery would be transformational for the South African oil sector, which has been dormant due to political uncertainty.
Block 11B/12B is one of the first examples of a Black Empowered (BE) company participating in the upstream sector in South Africa. Captrust is the BE partner in Main Street 1549, which will own 10% of the block. The Lundin Group’s Africa Energy holds a 49% stake in Main Street 1549. In addition, there are rumors that Qatar Petroleum beat out Shell to take a 25% stake in the blocks and the transaction has recently closed. CNR also holds a 20% stake in the block.
Total has fulfilled its obligation to date regarding the Environmental Management Plan (EMP). As a part of the work program the partners will reenter the Brullpada-1AX (3522C-12-3-64-1) well which was suspended in 2014 in order to establish any traces of hydrocarbons. The well is located offshore approximately 180km south of Mossel Bay in the South Outeniqua Deepwater Basin. The drilling activity is expected to last for approximately three to four months depending on weather conditions.
The wellhead survey is estimated to start around end November 2018 and is scheduled to last no more than one week
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