South Africa
Pioneer has participated in two major developments offshore South Africa. The Sable oil field began producing in 2003, and Pioneer became the first foreign oil company to participate in oil production from South Africa in partnership with PetroSA, the national oil company. In September 2007, gas and condensate production from the South Coast Gas (SCG) project was initiated.
The Sable oil field is located 150 kilometers southwest of Mossel Bay, off the western cape of South Africa. Lying in approximately 100 meters of water, the development is ultimately expected to recover approximately 24 million barrels of oil. Sable was developed with six subsea wells tied back to a floating production, storage and offloading vessel. Oil is taken to shore by a shuttle tanker.
The SCG project in Block 9, offshore South Africa, is a multi-well development providing gas as feedstock for PetroSA’s onshore gas-to-liquids plant in Mossel Bay. The project is expected to reach peak rates in late 2008 or early 2009 as oil production operations are completed at the Sable field and Sable gas production is tied into the project.
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