Report summary
On February 7 Total announced the Brulpadda ‘significant gas condensate discovery’ in deepwater offshore South Africa. In this Insight we take an in depth look at the 500 mmboe discovery in the context of South Africa’s exploration successes to date, and the countries current gas supply-demand imbalance. We also delve into a probable development route for Brulpadda and provide a provisional cash flow and valuation for the discovery.
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