Offshore staff
VANCOUVER, Canada — TotalEnergies and its co-venturers in Block 11B/12B offshore South Africa have applied for a production right.
According to partner Africa Energy, they are considering either an early production system or a phased development of their two deepwater gas-condensate discoveries.
The early production system on the Luiperd discovery would accelerate the Block 11B/12B development timeline through using infrastructure on the adjacent block to supply gas to customers in Mossel Bay. It would also substantially reduce the capex to delivering first production on the block.
Africa Energy anticipates a full development of the Paddavissie Fairway would follow the early production system as the gas market expands in South Africa. Analysis of 2D and 3D seismic data has identified further prospectivity both in the fairway and to the east, reinforcing the view of large exploration upside across the block.
Garrett Soden, president and CEO, said the company expected operator TotalEnergies to finalize the development concept and gas offtake terms this year before receiving the production right approval in early 2024.
03.30.2023
