Santos Ltd.
|
Santos is Australia's largest onshore oil and gas exploration and production company. The majority of Santos' assets are located in proven Australian petroleum provinces with the principal investment being a majority working interest in the Cooper/Eromanga Basins in Central Australia.
In the past decade, Santos has expanded its business internationally to the United States and South East Asia. The Santos Group is organised around five business units reflecting Santos’ principal areas of interest. These are: South Australia, Queensland and Northern Territory, Offshore Australia, South East Asia, and the United States. The Company’s objective is to provide its shareholders with a superior investment in the oil and gas industry. As at the end of December 1999, Santos had total assets of more than A$4.0 billion and over 1,600 employees. |
|
||
|
Recent Articles
Friday, June 07, 2013 Santos reports that the Bassett West-1 exploration well in the Browse Basin has discovered gas.
Santos Starts Up Production at Fletcher Finucane Offshore AU
Monday, May 20, 2013 Santos commences oil production on an Australian development ahead of schedule.
Production Outages Hit Santos Revenues
Friday, April 19, 2013 Australia's Santos reports five percent fall in 1Q revenues after production was hampered by outages.
Coates Steps Down at Santos
Friday, April 12, 2013 Peter Coates indicates he will move on from the oil and gas company to take up an executive role at the merged entity between Glencore and Xstrata.
Further Scrutiny for Australian Coal Seam Gas Projects
Tuesday, March 12, 2013 Australian coal seam (coal-bed) methane projects that might lower the quality of water resources are to be assessed by federal lawmakers.
Australian Coal-Seam Gas Ban Puts Projects at Risk
Tuesday, February 19, 2013 New South Wales tightened restrictions on the production of coal-seam gas prompts an angry response from energy companies planning new projects in the region.
Comet Ridge Spuds Turkey's Nest 1 Exploration Well in Queensland
Tuesday, February 19, 2013 Comet Ridge starts drilling the Turkey's Nest 1 well, at its onshore ATP 337P Mahalo asset in Queensland's Bowen Basin.
Friday, February 08, 2013 Workers in Australia's oil and gas sector are the highest paid in the world and earn 25% more than US counterparts, according to a new survey.
Santos Sees over $50M of Production Cost Blowout for 2012
Thursday, January 17, 2013 Santos faces a production cost blowout for the full-year 2012, after being hit by up to $53 million (AUD50 million) of extra costs at non-operated assets.
Santos Suspends Production at Patricia-Baleen Gas Processing Plant
Monday, January 14, 2013 Santos confirms that its Patricia-Baleen gas processing facility has been suspended as a result of an electrical fault.
Friday, January 11, 2013 Apache Energy reveals that it has stopped production from its Stag and Van Gogh oil fields due to an intensifying cyclone passing through Western Australia.
Comet Ridge Spuds Third CSG Pilot Well for Mira Field
Thursday, January 10, 2013 Comet Ridge spuds its third coal seam gas pilot well in the Mira Field onshore Queensland. The company is on track to drill its final pilot well by end-January.
Monday, December 31, 2012 BG Group has secured a $1.8 billion loan from U.S. Export-Import Bank that will be used to purchase the services of American companies for the construction of a major LNG project in Queensland, Australia.
Comet Ridge Brings CBM Wells Onshore Queensland into Production
Thursday, December 20, 2012 Comet Ridge successfully brings four coal bed methane into production at the onshore Mahalo block in ATP 337P. The company proceeds with an eight-well drilling program on the block.
Australia's $204B Pipeline of O&G Projects Could Slow on Cost Blowouts
Wednesday, November 28, 2012 Australia's Bureau of Resources and Energy Economics says that the country's $204B pipeline of LNG, gas and petroleum projects could slow amid concerns on cost pressures.
Santos Makes Significant Offshore Gas Discovery at Crown-1
Monday, November 19, 2012 Santos discloses that it has made a significant gas discovery at its Crown-1 exploration well offshore Western Australia. The well which has not intersected a gas-water contact will see further drilling.
India Holds Back Clearances for 52 O&G Blocks
Thursday, August 23, 2012 India is holding back clearances for more than a fifth of the exploratory blocks it has auctioned in various rounds since 1999 to domestic and overseas energy explorers due to defense, environmental and maritime boundary issues.
Friday, August 17, 2012 Santos said Australia is poised to join the ranks of global shale gas producers, targeting first sales of the unconventional fuel in October following encouraging drilling results.
Comet Ridge Starts Building Facilities for Mahalo CBM Pilot Production
Wednesday, August 01, 2012 Comet Ridge starts constructing facilities to develop the first coalbed methane production pilot in the Mahalo area following a successful drilling campaign.
Drillsearch, Santos Spud Olive Oyl-1 Exploration Well
Monday, July 30, 2012 The ATP 299P joint venture - a partnership between Drillsearch Energy and Santos - kicks off an eight-well drilling program at the onshore Tintaburra block.
