Santos efficiency guides annual production record

Santos has delivered record annual production across its operations in 2019, as well as a lower unit production costs attributed to the effectiveness of the company’s disciplined, cash generative operating model. Read more

Carnarvon builds on Dorado success

Carnarvon Petroleum has marked the beginning of a company transformation after a successful 2019 that included encouraging results from its Dorado asset and Buffalo project. Read more

FAR secures Sangomar final investment decision

FAR has taken the final investment decision (FID) and received final credit approvals for an underwritten $US300 million ($436.3 million) senior secured reserve-based lending (RBL) facility for the Sangomar field development offshore of Senegal. Read more

Bass hits oil production record

Australian-based, Indonesian oil producer Bass Oil has reported a production record in December 2019 at its 55 per cent owned Tangai Sukanati KSO project. Read more

Bounty begins 2020 exploration program

Bounty Oil & Gas has commenced the 2020 oil appraisal and exploration program at the Naccowlah Block in the Cooper-Eromanga Basins in Queensland. Read more

Ungani oil joint venture raises the bar

Buru Energy and Roc Oil have recorded the largest lifting of crude oil to date at the Ungani joint venture in Western Australia with 78,000 barrels. Read more

Oil and gas discoveries hit four-year high

Oil and gas companies discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates from Rystad Energy.

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