Oil&Gas
Block B2
2019-06-05 15:15  点击:0

Introduction


The B2 area includes productive parts of the Muglad Basin and is part of the 120,000km2 Block B which was split into three in 2012. There has been much interest in South Sudan’s Block B acreages since the entry of Oranto Petroleum to Block B3 in 2017.

French energy giant Total held a licence for the 120,000km² block B. The company stopped activities in 1985.

In 2012, the South Sudan Government split the block B area into three licences, namely B1, B2 and B3.

In 2019,South Africa’s state-owned Strategic Fuel Fund has entered a six-year exploration and production sharing agreement (EPSA) for Block B2 in the Muglad Basin in South Sudan.

Under this new EPSA which includes a six-year exploration period, the SFF alongside Nilepet, will launch a comprehensive aero gravity survey exploration campaign, seismic acquisition and drilling wells with great prospectivity. 


Operator

Nile Petroleum Corporation (Nilepet)(South Sudan)

Strategic Fuel Fund Association(SFF)(South Africa)

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