Ikhwezi is a producing conventional gas field located in shallow water in South Africa and is operated by The Petroleum Oil and Gas Corporation of South Africa (SOC). According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field has water depth of 397 feet. Buy the profile here.
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Field participation details
The field is owned by CEF (SOC).
Production from Ikhwezi
The Ikhwezi conventional gas field recovered 43.16% of its total recoverable reserves, with peak production in 2020. Based on economic assumptions, production will continue until the field reaches its economic limit in 2055. The field currently accounts for approximately 41% of the country’s daily output.
About The Petroleum Oil and Gas Corporation of South Africa (SOC)
The Petroleum Oil and Gas Corporation of South Africa (Pty) Ltd (PetroSA), a subsidiary of Central Energy Fund, is a provider of oil and natural gas exploration and production services. The company produces diesel, liquid oxygen and nitrogen, petrol, kerosene, propane, distillates, eco-fuels and synthetic alcohols. It also develops domestic refining and infrastructure for transport of liquid fuels. The company also sells and markets petroleum products to wholesalers, state-owned companies and gas customers, and trades oil and petrochemical products in local and international markets. It markets most of its fuel products to major oil companies operating in South Africa. The company has its operations in the Americas, Europe, Middle East and Africa. PetroSA is headquartered in Cape Town, South Africa.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
