Santos, BP Win Permit Offshore Western Oz
Santos September 27 announced it had been awarded new acreage which is on-trend with its Dorado discovery in the adjacent permit, offshore Western Australia, in a joint venture with BP.
Santos will operate the new permit, WA-541-P, in the Northern Carnarvon Basin which lies to the west of the recent Dorado, Roc and Phoenix South hydrocarbon discoveries in the Bedout Sub-basin, it said. The southern portion of WA-541-P is directly adjacent to the proven Dorado structural-stratigraphic play trend, which is interpreted to extend into the new block.
Santos CEO Kevin Gallagher said Santos is committed to building its position as the leading producer of gas to the Western Australian market.
"We are excited at the opportunity to increase our exposure to this highly prospective region, leveraging our offshore operating expertise and building on the success of our 2019 drilling campaign to pursue further growth through our activities in Western Australia,” he said.
WA-541-P covers 6,964 km2 and is a 50-50 joint venture.