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Information for shareholders regarding Santos’ 2020 Annual General Meeting click here

Santos Ltd, as Operator on behalf of the Murta Block Joint Venture Parties, announces the discovery of a new gas field in the South Australian section of the Cooper/Eromanga Basins.

The block gas exploration well, Touriga 1, flowed gas at 153,000 cubic metres per day (5.4 million cubic feet per day) with 55 API condensate at 28 kilolitres per day (180 barrels of condensate per day) from reservoir sands in the Early Permian, Patchawarra Formation, over the interval 2189-2215m. The test was run through a 13mm (0.5) surface choke.

The Touriga 1 well is located 11 km west northwest of Cabernet 1 and approximately 43 km south southwest of the Moomba Gas Plant.

The well has reached a total depth of 2384m. The well will be cased and suspended as a future gas producer. The well is located near existing production facilities and will provide an early connection opportunity.

Touriga 1 is a follow up well to the Cabernet gas field discovery which was made last year. A second follow up well (Trebbiano 1) is currently drilling.

The interest holders in the Murta Block are:

  • Santos Group 59.75%
  • Delhi Petroleum Pty Ltd 20.21%
  • Boral Energy Resources Ltd 13.19%
  • Gulf Australia Resources Ltd 4.75%
  • Cultus Group 2.10%