Major natural gas discovery off of South Africa coast
The French oil and gas company Total has made a major natural gas discovery off the coast of South Africa that could contain one billion barrels.
Total said it had made a significant gas condensate discovery after drilling its Brulpadda prospects on Block 11B/12B in the Outeniqua Basin.
“It is gas condensate and light oil. Mainly gas. There are four other prospects on the license that we have to drill; it could be around 1 billion barrels of total resources of gas and condensate,” [Chief Executive Patrick] Pouyanne said.
Big money here, which can change the balance of power in terms of fossil fuel energy resources.
Hat tip Max Hunt. I had missed this when it was announced on February 7.
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The French oil and gas company Total has made a major natural gas discovery off the coast of South Africa that could contain one billion barrels.
Total said it had made a significant gas condensate discovery after drilling its Brulpadda prospects on Block 11B/12B in the Outeniqua Basin.
“It is gas condensate and light oil. Mainly gas. There are four other prospects on the license that we have to drill; it could be around 1 billion barrels of total resources of gas and condensate,” [Chief Executive Patrick] Pouyanne said.
Big money here, which can change the balance of power in terms of fossil fuel energy resources.
Hat tip Max Hunt. I had missed this when it was announced on February 7.
Readers!
Please consider supporting my work here at Behind the Black. Your support allows me the freedom and ability to analyze objectively the ongoing renaissance in space, as well as the cultural changes -- for good or ill -- that are happening across America. Fourteen years ago I wrote that SLS and Orion were a bad ideas, a waste of money, would be years behind schedule, and better replaced by commercial private enterprise. Only now does it appear that Washington might finally recognize this reality.
In 2020 when the world panicked over COVID I wrote that the panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Only in the past year have some of our so-called experts in the health field have begun to recognize these facts.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
Behind The Black
c/o Robert Zimmerman
P.O.Box 1262
Cortaro, AZ 85652
You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
IF … the Total company can maintain their interest in the find and avoid it being nationalized by the emerging Leftist movement in South Africa, this could go a long way to alleviating a crushing 27% unemployment rate and other ills afflicting that country. Also, a ready customer would be the European Union countries who would then not have to rely solely on the fickle Mr. Putin or trans-Atlantic shipments from the U.S. And to top all that good news off, the discovery will put downward pressure on the global energy commodities markets. I’m sure Ms. Alexandria Ocasio-Cortez will be muttering under her breath about it.
What article doesn’t say;
“The field of primarily gas-condensate — a light liquid hydrocarbon — was discovered about 175 kilometers (109 miles) off the country’s southern coast in the Outeniqua Basin. The area, where Exxon Mobil Corp. and Eni SpA also hold stakes”
Not sure if this is international waters, could not find a map of the location. The water near Cape Town is some of the roughest ocean in the world so don’t expect to see high production soon unless they use some new technology, or all of it’s machinery and pipes are located under the water on the ocean floor…