SANTOS ACQUIRES INTEREST IN IRIAN JAYA Santos announced today that it has acquired, subject to Indonesian Government approval, a 20% interest in the Warim Production Sharing Contract (PSC) in eastern Irian Jaya. The PSC is operated by Conoco Warim BV, part of the international Conoco group, which currently has a 100% interest. The acreage straddles…
First Quarter Highlights The following results were achieved compared with the 1996 first quarter: Sales revenue increased by 22.5% to $181.3 million (first quarter record). Sales volume increased by 15.0% to 9.2 million boe (first quarter record). Production volume increased by 6.8% to 9.6 million boe (first quarter record). 60% success rate from exploration and…
1996 Annual Report
Santos Ltd, as Operator for the Patchawarra East Block, announces the discovery of a new oil field in the South Australian Section of the Cooper/Eromanga Basins. The discovery well, Tarragon 1, flowed 500 BOPD of oil from the interval 2306m to 2312m in the Triassic Tinchoo Formation. The flow was recorded through a 13mm (“)…
Santos Ltd, as Operator for the Merrimelia-Innamincka Block, announces the discovery of a new gas field in the South Australian section of the Cooper/Eromanga Basins. This follows the successful Nephrite 1 well in the South Australian section of the Cooper/Eromanga Basins, announced last week. The exploration well, Merindal 1 flowed gas at 137,355 cubic metres…
Santos South East Asia Business Unit Created Following Completion of MIM Oil & Gas Acquisition On 23rd September 1996, Santos announced its intention to acquire the oil and gas business of MIM Holdings Limited (excluding interests in Queensland and the Bonaparte Basin). The acquisition was subject to the granting of regulatory approvals and satisfaction of…
Santos Ltd advises that the UK Block 22/22c-3 well, 128 miles east of Aberdeen, has been suspended pending further evaluation following oil shows. The original wellbore, 22/22c-3, was drilled by the semi-submersible drilling rig Sedco Explorer in 307 feet of water to a total depth of 9,235 feet. The well encountered shows of hydrocarbons in…
Santos Ltd, as Operator for the Patchawarra Southwest Block, announces the discovery of a new gas field in the South Australian section of the Cooper/Eromanga Basins. This follows the successful Judga North 1 well in the Queensland section of the Cooper/Eromanga Basins, announced last week. The exploration well, Nephrite 1 flowed gas at 230,000 cubic…
Santos Ltd, as Operator for the South West Queensland Unit, announces a successful gas exploration well in the Queensland sector of the Cooper/Eromanga Basins. The exploration well, Judga North 1, flowed gas at 227,000 cubic metres per day (8.02 million cubic feet per day) with 34 kilolitres (216 barrels) of 59.1° API condensate per day…
1995 Annual Report
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1992 Annual Report
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