Santos is a major upstream producer in Queensland’s onshore Surat and Bowen Basins, with gas from Santos’ Roma field supplying homes in the region for over 50 years. Santos substantially increased its position in 2005 through the acquisition of the world-class Fairview field and over 4,000 square kilometres of exploration acreage in the Comet Ridge area of the Bowen Basin.
With a large resource base in Queensland and a growing Asian demand for liquefied natural gas (LNG), Santos created the GLNG project in 2007, a pioneering project to convert natural gas, including coal seam gas from the Bowen and Surat Basins, into LNG for export to Asia.
The project involved the development of gas fields in the Bowen and Surat Basins, the construction of a 420 kilometre underground gas transmission pipeline to Gladstone and a two-train liquefaction and storage facility on Curtis Island in Gladstone. GLNG has been supplying two long-term Asian customers since the first cargo was shipped in October 2015.
As upstream operator, Santos is focussed on building gas supply by drilling more wells to increase production, seeking opportunities to extract value from our infrastructure and driving efficiencies to operate at lowest cost.
New South Wales
Santos has been supplying natural gas to NSW since 1976 and has been operating in the state since 2008.
Our NSW assets include the Narrabri Gas Project (NGP), with 100 per cent of Narrabri gas committed to go into the domestic market. Locally, the project is expected to provide up to 1,300 jobs during construction, 200 ongoing local jobs and deliver significant economic benefits to the region.
Once fully operational, the NGP has the potential to deliver more than half of the natural gas that goes into the NSW market each day, ensuring people in NSW receive locally produced gas creating a more secure and affordable supply for families, households and businesses.
In 2021, the NSW Government renewed a limited number of Petroleum Exploration Licences (PELs) in the Gunnedah Basin. Santos is required to undertake exploration activities in these areas to better understand NSW’s resource potential with a view to ensuring long-term energy security and affordability for the state.
Santos has acquired Hunter Gas Pipeline Pty Ltd which owns an approved underground gas pipeline route that passes close to the Narrabri Gas Project.
The Hunter Gas Pipeline already has planning approval and, once constructed, will potentially connect the Wallumbilla Gas Supply Hub in Queensland to NSW, providing a second route to southern markets for Queensland gas and adding competition to the domestic market. It has been designed with offtake points at regional towns along the route and the corridor was selected to ensure minimum impact on communities, landowners, and the environment.