Sasol Form 20-F for the year ended 30 June 2021 - Book - Page 119
TABLE 4—PROVED RESERVE QUANTITY INFORMATION
The table below summarises the proved developed and proved undeveloped reserves of natural oil and gas, as at
30 June 2021 and the two previous years, along with volumes produced during the year. The table also presents the
changes in the proved reserves and the reasons for the changes, over the last three years.
As at 30 June 2021, the total proved reserve estimate for natural oil and gas is 89,1 million barrels in oil
equivalent terms (6 000 standard cubic feet of natural gas is equivalent to 1 barrel of oil).
Crude oil and condensate(2)
Balance at 30 June 2018
Revisions . . . . . . . . . . .
Improved recovery . . . .
Production . . . . . . . . . .
Balance at 30 June 2019
Revisions . . . . . . . . . . .
Improved recovery . . . .
Production . . . . . . . . . .
Balance at 30 June 2020
Revisions . . . . . . . . . . .
Improved recovery . . . .
Sale in place . . . . . . . . .
Production . . . . . . . . . .
Balance at 30 June 2021
Proved developed
reserves
At 30 June 2019 . . . . . .
At 30 June 2020 . . . . . .
At 30 June 2021 . . . . . .
Proved undeveloped
reserves
At 30 June 2019 . . . . . .
At 30 June 2020 . . . . . .
At 30 June 2021 . . . . . .
Natural gas(2)
Mozambique(1) Gabon(3) Canada(4) Total Mozambique(1) Canada(4)
Millions of barrels
Billions of cubic feet
2,9
1,8
0,3
5,0
1 009,7
63,2
(0,3)
1,2
(0,1)
0,8
50,2
(8,7)
—
0,2
0,1
0,3
—
3,2
(0,2)
(1,2)
(0,1) (1,5)
(113,9)
(16,3)
2,4
2,0
0,2
4,6
946,0
41,4
(1,2)
—
0,4
(0,8)
(33,1)
30,5
—
1,2
—
1,2
—
—
(0,2)
(1,3)
(0,2) (1,7)
(112,4)
(15,0)
1,0
1,9
0,4
3,3
800,5
56,9
(0,1)
—
0,4
0,3
(155,8)
31,9
—
—
—
—
—
—
—
(1,0)
(0,7) (1,7)
—
(76,4)
(0,2)
(0,9)
(0,1) (1,2)
(114,5)
(12,4)
0,7
—
—
0,7
530,2
—
Oil equivalent(2)
Total
1 072,9
41,5
3,2
(130,2)
987,4
(2,6)
—
(127,4)
857,4
(123,9)
—
(76,4)
(126,9)
530,2
Mozambique(1) Gabon(3) Canada(4)
Equivalent, Millions of barrels
171,2
1,8
10,8
8,1
1,2
(1,5)
—
0,2
0,6
(19,2)
(1,2)
(2,8)
160,1
2,0
7,1
(6,7)
—
5,5
—
1,2
—
(18,9)
(1,3)
(2,7)
134,5
1,9
9,9
(26,1)
—
5,7
—
—
—
—
(1,0)
(13,4)
(19,3)
(0,9)
(2,2)
89,1
—
—
Total
183,8
7,8
0,8
(23,2)
169,2
(1,2)
1,2
(22,9)
146,3
(20,4)
—
(14,4)
(22,4)
89,1
1,9
1,0
0,6
1,8
1,9
—
0,1
0,4
—
3,8
3,3
0,6
750,0
721,6
423,8
38,2
56,9
—
788,2
778,5
423,8
126,9
121,3
71,3
1,8
1,9
—
6,5
9,9
—
135,2
133,1
71,3
0,5
0,0
0,1
0,2
—
—
0,1
—
—
0,8
0,0
0,1
196,0
78,9
106,4
3,2
—
—
199,2
78,9
106,4
33,2
13,2
17,8
0,2
—
—
0,6
—
—
34,0
13,2
17,8
(1)
Natural oil and gas production in Mozambique in 2019, 2020 and 2021 originated from the single operational Pande-Temane PPA field,
which comprises more than 15% of our total proved reserves.
(2)
Volumes presented in this table are after deduction of royalty taken in kind.
(3)
Quantities for the EMP asset in Gabon include “tax barrels”. Effective date of divestment of our interests in EMP was 25 Feburary 2021.
(4)
Sasol signed an agreement to divest of all our interests in Canada. The transaction closed on 29 July 2021. Reserves are indicated as zero as
at 30 June 2021.
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