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Santos considers stake sale in Dorado field offshore Australia 8 April 2021 (Last Updated April 8th, 2021 15:26) Energy firm Santos is reportedly planning to divest a stake in the Dorado field and the exploration portfolio in Bedout Basin offshore Australia. The Dorado is estimated to hold 150 million barrels of contingent 2C oil resources. Credit: Anita Stachurski / Pixabay. Share Article Energy firm Santos is reportedly planning to divest a stake in the Dorado field and the exploration portfolio in Bedout Basin offshore Australia. As part of the plan, the company has selected Goldman Sachs to sell a 20%-30% interest in the Dorado development, Reuters reported citing a sales document of Santos. ....
The Noble Tom Prosser will drill two Santos-operated exploration wells in the Bedout Basin. Carnarvon Petroleum Limited (ASX: CVN) reported Wednesday the Noble Tom Prosser jack-up rig has been contracted to drill two exploration wells in the Bedout Basin, offshore northwestern Australia. The drilling program, slated to begin toward the end of this year, comprises the Pavo-1 and Apus-1 wells, Carnarvon noted in a written statement. The company pointed out that Pavo-1 will target 101 million barrels of oil equivalent (boe) (Pmean, gross) and Apus-1 will target 307 million boe (Pmean, gross). Both Santos (ASX: STO)-operated prospects are located near the Dorado field, from which commercial discoveries could be tied back, stated Carnarvon. ....
Santos : Annual Reserves & Resource Statement and expected impairment édité le 16/02/2021 - Plus de news de Santos - Voir la fiche entreprise de Santos Santos released its Annual Reserves and Resource Statement. Proved plus probable (2P) reserves were 933 million barrels of oil equivalent (mmboe) at the end of 2020, an increase of 34 mmboe before production. xKey highlights: - 102 per cent Cooper Basin three-year 2P reserves replacement - 184 per cent GLNG 2P reserves replacement in 2020 - 41 mmboe 2P reserves added in Northern Australia and Timor-Leste through the ConocoPhillips acquisition and sanction of infill drilling at Bayu-Undan - Reserve revisions of -15 mmboe in PNG and -20 mmboe in Western Australia, including the Reindeer gas field in WA leading to expected US$98 million impairment of goodwill ....