1 / 29

South Africa: Upstream petroleum activities & opportunities

NOT AN OFFICIAL UNCTAD RECORD. South Africa: Upstream petroleum activities & opportunities. Agnes Jikelo. Africa Oil and Gas Trade & Finance conference, Maputo 01 June 2005. Overview…. SA : Energy scenario SA Current Status Factors affecting SA Current status and future Conclusion.

tokala
Download Presentation

South Africa: Upstream petroleum activities & opportunities

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. NOT AN OFFICIAL UNCTAD RECORD South Africa: Upstream petroleum activities & opportunities Agnes Jikelo Africa Oil and Gas Trade & Finance conference, Maputo 01 June 2005

  2. Overview… • SA : Energy scenario • SA Current Status • Factors affecting SA • Current status and future • Conclusion

  3. CURRENT ENERGY SUPPLY IN SA Coal 74% Biomass 12% Crude Oil 9% Hydro 0.6 Nuclear 3% Gas 1.4

  4. Imported crude Oil from coal Local crude Oil from gas

  5. Inhibiting factors… • Quantity • Distribution • Gas price • Mobilisation costs • Perception

  6. The journey so far… • Success in the Bredasdorp basin • Discoveries on the West & South Coast • Encouraging potential on the East Coast • 11 IOC’s • Deepwater potential

  7. Petroleum exploration expenditure from licensees (in $)

  8. Current Exploration Activities

  9. IBHUBESI GAS FIELD PETROLEUM EXPLORATION ACTIVITIES Q VENTURE DEVELOPMENT Ltd. (QVD) Exploration leases, operators and fields West Coast

  10. Turbidite deposit? Hauterivian unconformity

  11. SOUTH COAST ACTIVITIES FA/EM gas fields PetroSA Sable oil field Oribi/Oryx oil field Exploration leases, operators and fields Pioneer 3D evaluation of oil plays CNR Evaluating deep water prospects

  12. Paddavissie CNR’S Deepwater fan prospect

  13. EAST COAST INFRA- STRUCTURE

  14. Deepwater resources versus: A) reservoir age B) lithology A) B) Courtesy of Harper, 2001

  15. Deepwater Success Rate AAPG Explorer

  16. Gas: Recent Developments…

  17. Mozambique Angola Zimbabwe Namibia Temane Pande Botswana Windhoek Pretoria Johannesburg Maputo Richards Bay Kudu Rep. of South Africa Ibhubesi Durban Cape Town Ga-S EM/FA A Vision... Bloemfontein

  18. Africa Contribution… • Africa – Significant Energy source • 7% of world’s total • 7.8 mm bbl/day in 1998 • High untapped volumes • Developing economy • 7% of world’s total

  19. Legal Framework Fiscal Stability Corporate Governance Regional Co-operation Strong and capable partners Finance Technology Corporate Governance Sustainable development Environmental protection LONG TERM INVESTMENT CLIMATE Host Country Investor

  20. SA Investment Climate… • Well developed infrastructure • Sedimentary basins well understood • Stable economy • Database well organised • MPRDA • Relatively frontier • Deepwater under-explored

  21. THANK YOU

More Related