Offshore Drilling Rush Could Transform South Africa

Discussion in 'News & Announcements' started by 375 Ruger Fan, Feb 8, 2019.

  1. 375 Ruger Fan

    375 Ruger Fan AH ENABLER GOLD SUPPORTER AH Legend

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    A very large discovery off the southern coast of South African by the French oil company, Total, was recently announced. Oil companies typically give exploration prospects or wells interesting code names. This well was named Brulpadda, which is Afrikan for Bullfrog.

    https://www.rigzone.com/news/wire/o...h_africa-07-feb-2019-158106-article//?all=HG2

    The Brulpadda find, estimated at about 1 billion barrels by Total Chief Executive Officer Patrick Pouyanne, could be enough to supply South Africa’s refineries for almost four years. That’s a boon for a country that has always been short of oil and is running out of its scant domestic supply of gas.

    “It is really transformational,’’ Andrew Latham, vice president of global exploration at consultant Wood MacKenzie Ltd., said Thursday. “This could be a discovery that kickstarts a bit of a gas strategy for South Africa.’’
     

  2. BRICKBURN

    BRICKBURN AH ENABLER SUPER MODERATOR CONTRIBUTOR LIFETIME TITANIUM BENEFACTOR AH Ambassador

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    I hope that the benefits are not squandered.
     
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  3. KMG Hunting Safaris

    KMG Hunting Safaris AH ENABLER SPONSOR Since 2013 AH Legend

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  4. Hogpatrol

    Hogpatrol AH ENABLER SILVER SUPPORTER AH Legend

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  5. BRICKBURN

    BRICKBURN AH ENABLER SUPER MODERATOR CONTRIBUTOR LIFETIME TITANIUM BENEFACTOR AH Ambassador

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    You think they have plans to rename the play - Gupta ?
     

  6. KMG Hunting Safaris

    KMG Hunting Safaris AH ENABLER SPONSOR Since 2013 AH Legend

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    Bigger fish in the area at the moment than the Guptas. Do a search for Bosasa. Everyone's got their finger in that pie.
     

  7. BRICKBURN

    BRICKBURN AH ENABLER SUPER MODERATOR CONTRIBUTOR LIFETIME TITANIUM BENEFACTOR AH Ambassador

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    Can you imagine if you could stem the corruption.
     
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  8. Eric Anderson

    Eric Anderson AH Enthusiast

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    1 billion barrels is nothing to sneeze at, but I wonder if it is enough to pay for the necessary infrastructure improvements. Can the existing refineries handled that crude? How much of RSA current domestic production is still coal to gasoline production?
    These would not be areas of serious concern in say, Texas, but TIA.
     

  9. Hogpatrol

    Hogpatrol AH ENABLER SILVER SUPPORTER AH Legend

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    What happened to the "we're running out of crude oil" bullshit? Wait, that was a few years ago before a bazillion barrels was being discovered in a new place about every six months. Like the global warming scam now being repurposed in to "climate change", the eggheads are certain of everything until the the egg is on their faces. Drill, baby, Drill!

    Here's a prime example of your classic egghead, Dr. M. King Hubbert who predicted peak oil production of approximately 70 million barrels per day declining to around 50 million now.
    Latest figures are 90 plus million barrels a day.

    http://www.daviesand.com/Perspectives/Forest_Products/Oil_Reserves/
     
    Last edited: Feb 8, 2019
    barbells.and.arrows, micaiah and Roan like this.

  10. JGRaider

    JGRaider AH Fanatic

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    You've got a better chance beating Usain Bolt in the next Olympics than that happening.
     
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  11. flat8

    flat8 GOLD SUPPORTER AH Enthusiast

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  12. Hogpatrol

    Hogpatrol AH ENABLER SILVER SUPPORTER AH Legend

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  13. markm

    markm SILVER SUPPORTER AH Member

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    Dont forget everyone get a free set of wings because remember no airplanes . Remember you cant fix STUPID
     
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  14. tarbe

    tarbe AH ENABLER AH Legend

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    Last number I saw was about 30% of SA fuel comes from coal through Sasol's Secunda facility.
     

  15. cagkt3

    cagkt3 PLATINUM SUPPORTER AH Legend

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    Hmmm...maybe I need to start applying for a job with Total.
     
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  16. lwaters

    lwaters BRONZE SUPPORTER AH Elite

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    I wonder what happens when fusion becomes a reality. Lockheed Martin keeps dropping hints about new developments
     

  17. Eric Anderson

    Eric Anderson AH Enthusiast

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    Blocked by the Sierra club, same as fission plants.
     

  18. Hogpatrol

    Hogpatrol AH ENABLER SILVER SUPPORTER AH Legend

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    Probably wishful thinking. It would eliminate three prospective jobs for the locals.:p
     

  19. CAustin

    CAustin AH ENABLER BRONZE SUPPORTER AH Ambassador

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    Well good for them!
     

  20. lwaters

    lwaters BRONZE SUPPORTER AH Elite

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    Why no radiation wast
     

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