Santos


Description

An Australian energy pioneer since 1954, Santos is one of the country’s leading gas producers, supplying Australian and Asian customers.

Santos has been providing Australia with natural gas from the remote outback for more than 40 years. The company today is the largest producer of natural gas to the Australian domestic market, supplying 16% of the nation’s gas needs.

Santos has also developed major oil and liquids businesses in Australia and operates in all mainland Australian states and the Northern Territory.

From this base, Santos is pursuing a transformational liquefied natural gas (LNG) strategy with interests in four exciting LNG projects.

This strategy is led by the cornerstone GLNG project in Queensland – a leading project in converting coal seam gas into LNG. Also in Santos’ LNG portfolio are the PNG LNG project, which was formally approved in December 2009, Bonaparte LNG, a proposed floating LNG project in the Timor Sea, and Darwin LNG, Santos’ first LNG venture, which began production in 2006.

Santos has built a strong and reliable production business in Indonesia and is further developing its Asian business through development projects and exploration investment.

In 2010, Santos’ total production was 49.9million barrels of oil equivalent. We have the largest Australian exploration portfolio by area of any company – 146,800 square kilometres.

Santos has about 2,400 employees working across its operations in Australia and Asia.

Santos is listed on the Australian Securities Exchange (ASX Ltd) - ordinary shares code STO. As at March 2011, Santos had a total market capitalisation of approximately $13 billion, making it one of Australia’s Top 30 companies.


Latest Santos News

Santos Energy reports second quarter 2016 activities

Key Highlights Record first half production of 31.1 mmboe, up 10% on the prior half-year. Second quarter production of 15.5 mmboe, up 8% on the corresponding quarter. Average realised oil price decreased 29% to US$43 per barrel for the first half. Upstream production costs of US$8.80/boe, 15% lower ... Friday, July 22, 2016

Chief Financial Officer of Santos Energy retires

Santos announced today that Chief Financial Officer Andrew Seaton will retire from the company by the end of 2016 following over eleven years of service, including the last six as CFO. Santos Managing Director and Chief Executive Officer Kevin Gallagher paid tribute to Mr Seaton as a key member of ... Wednesday, July 20, 2016

AWE Limited and Santos announce successful Drill Stem Test at AAL-4XST1 appraisal well

AWE Limited (ASX: AWE) has been advised by Santos as Operator that a successful Drill Stem Test (DST) has been conducted on the G Sand reservoir at the AAL-4XST1 appraisal well, offshore Indonesia, achieving an averaged stabilized flow rate of 828 barrels/day (bopd) on a 64/64 inch choke over a 9 ho... Tuesday, June 28, 2016

AWE Limited provides AAL G Sand appraisal well drilling update

AWE Limited (ASX: AWE) has been advised by the Operator of the AAL-4X appraisal well, Santos Limited, that due to a mechanical obstruction in the well bore the proposed Drill Stem Tests (DST) in the K-sand and G-sand reservoirs cannot be completed in the current hole. The AAL joint venture is now pl... Wednesday, June 15, 2016

Santos Energy announces first LNG from GLNG train 2

Santos today announced that GLNG train 2 has started producing liquefied natural gas (LNG) on Curtis Island, Queensland. Today's announcement follows first LNG production from train 1 in September 2015 and GLNG's first LNG export cargo in October 2015. Santos Managing Director and Chief Executive ... Thursday, May 26, 2016

All Santos News
Popular Headlines View all


Latest Opinion View all

Join 90,000 other oil and gas professionals

Network with others, build your profile, and receive the latest oil and gas news in your inbox. It's free!

Create profile

Time for a change? All jobs Jobs near you


About

OilVoice, established in 2002, is your leading source of upstream news, jobs and industry information.


Newsletter

Each week we send our weekly industry round-up. Why not try it? You may unsubscribe at any time.

Contact OilVoice

Milton Keynes
United Kingdom
Contact Us


Stay Connected


2016 © OilVoice  .  Privacy Policy  .  Terms of Service  .  Oil Careers  .  Advertise with us