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
19 March 2026
The regional crisis highlights the undervalued role of fixed pipelines in the age of tanker flexibility
18 March 2026
Rising LNG exports and AI-driven power demand have raised concerns that US gas prices could climb sharply, but analysts say abundant shale supply and continued productivity gains should keep Henry Hub within a range that preserves the competitiveness of US LNG
18 March 2026
Risks of shortages in oil products may cause world leaders to panic and make mistakes instead of letting the market do what it does best
17 March 2026
The crisis in the Middle East has put LNG’s ability to offer security and flexibility under uncomfortable scrutiny
