Progress made on the growth strategy in 2006
COOPER BASIN OIL
Project commenced with three latest-generation drilling rigs mobilised and a significant amount of infrastructure installed (page 18).
108 wells drilled with 79% success rate, above expectations (page 18).
15 mmbbl of 2P reserves added (page 12).
EASTERN AUSTRALIAN GAS
Gas production started from the Casino gas field, offshore Victoria (page 18).
Fairview production increased by 67% since acquisition in late 2005 (page 12).
Gas swap with Origin Energy expanded to 40 PJ per annum to mid 2012 (page 20).
New gas sales contract to supply 34 PJ over nine years to Zinifex’s Century zinc mine (page 20).
WESTERN AUSTRALIAN OIL AND GAS
Gnu gas and Amulet oil discoveries in the Carnarvon Basin (page 16).
Two new John Brookes gas sales contracts to supply 16 PJ to Newmont and 37 PJ to Wesfarmers (page 20).
Two new Mutineer-Exeter oil wells brought online, lifting gross production to over 50,000 bopd (page 18).
LNG exports started from the Bayu-Undan Darwin LNG facility (page 18).
Exploration/appraisal on the Barossa, Caldita and Evans Shoal South discoveries in Timor/Bonaparte (page 16).
Wortel gas discovery, offshore East Java (page 16).
New country entry in Vietnam followed by oil discoveries at Dua and Blackbird (page 16).
Gas production started from the Maleo field, offshore East Java (page 18).
New country entry in India in February 2007 (page 16).
Santos Annual Report 2006 3
Oyong & Maleo
ASX ALL ORDINARIES
SANTOS VS ASX ALL ORDINARIES INDEX THREE-YEAR RELATIVE PERFORMANCE