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
11 August 2025
The administration is pushing for deregulation and streamline permitting for natural gas, while tightening requirements and stripping away subsidies from renewables
8 August 2025
The producers’ group missed its output increase target for the month and may soon face a critical test of its strategy
7 August 2025
The quick, unified and decisive strategy to return all the barrels from the hefty tranche of cuts from the eight producers involved in voluntary curbs signals a shift and sets the tone for the path ahead
7 August 2025
Without US backing, the EU’s newest sanctions package against Russia—though not painless—is unlikely to have a significant impact on the country’s oil and gas revenues or its broader economy
