Australia finds more gas for home and abroad
Santos’ discovery of a sizeable gas column in the Northern Carnarvon Basin should boost the NWS venture’s expansion plans
The relatively surprising find, announced by Australian independent Santos in April, has the potential to support both LNG exports through the North West Shelf (NWS) project and domestic supply into the burgeoning Western Australian (WA) market. The gas column was discovered during appraisal drilling at the Corvus-2 well and inherited by Santos when it acquired smaller rival Quadrant Energy in a friendly takeover deal last year. The column lies adjacent to the substantial shallow-water Dorado oil find—the third largest oil discovery in WA's history when Quadrant found it in 2018. The story goes that Santos was doing a quick appraisal, plug and abandon exercise at Corvus-2 before diverting th
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
