Qatar Petroleum (QP) has announced a new gas/condensate discovery in South Africa's Luiperd prospect in which it has 25% working interest.
The Luiperd prospect -- which is located in Block 11B/12B, in the Outeniqua Basin, 175km off the southern coast of South Africa -- covers an area of 19,000 sqkm with water depths ranging from 200m to 1,800m.
This is the second significant discovery in Block 11B/12B, which is operated by Total with a 45% working interest, alongside QP (25%), CNR International (20%) and Main Street (10%).
In February 2019, an important gas condensate discovery in the Brulpadda prospect was announced, marking a major milestone for a new play in South Africa.
"The initial well results are better than anticipated, and they offer a great opportunity to pursue further exploration and appraisal activities in this area, and to look into integrated commercialization of these findings in alignment with all stakeholders,” according to HE Saad Sherida al-Kaabi, the Minister of State for Energy Affairs as well as QP president and chief executive.
The Luiperd-1X well was safely drilled to a total depth of about 3,400 meters. The well encountered 73m of net gas/condensate-bearing reservoir in lower cretaceous paddavissie reservoirs. Various development options are currently being evaluated to commercialize these findings.
“I would like to congratulate our partners, for their great efforts leading to this discovery in a challenging pandemic environment, safely and efficiently. I am also grateful to the hard and diligent work by QP’s exploration team, whose dedicated and successful efforts are well recognised,” al-Kaabi said.
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