| Abstract: | The characteristics of the natural gas liquid and the volatile oil of the FA and EG locations resp. of Mossel Bay are discussed. Financial models for the production of these two types of deposits are described and it is concluded that a relatively small oil and gas field with a reserve of 100 million barrels of oil and 1 trillion st cb ft of gas (EC-type) can be produced economically under most circumstances, but that a gas/gas condensate field (FA-type) would need a reserve of at least 1.42 trillion st cub ft, very favourable capital costs and loan facilities to be economically viable. The marketing of any oil found is not regarded as a problem. Marketing of gas would be more difficult and complicated; the Western Cape is seen to be the best possible area where it should be marketed. Graph., map, tab. |
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