SANTOS COMPLETES BAROSSA APPRAISAL PROGRAM

June 28, 2017

Santos today announced positive results from the two-well appraisal drilling campaign in the Barossa field, strengthening the field’s position as lead candidate to supply backfill gas to Darwin LNG. Well logs and pressure data from the Barossa-5 and Barossa-6 wells confirm that the primary Elang reservoir section is gas saturated and in pressure communication with previous wells drilled on the Barossa field, located in NT/RL5, Bonaparte Basin offshore Northern Territory. The successful outcome from the two appraisal wells justified further production testing in the field to confirm reservoir productivity and acquire critical dynamic data to support field development planning. The two-well Barossa appraisal drilling programme has now been successfully concluded with results significantly reducing resource uncertainty and further confirming the high deliverability potential of the primary Elang reservoir. Subsurface data obtained from the appraisal program will now be integrated into subsurface models to support a Front End Engineering Design (FEED) entry decision in early 2018.
The Barossa gas field, 300 kilometres north of Darwin, sits within Santos’ Northern Australia asset, one of the company’s five core assets. (Source: Santos)