Insert picture Santos operated Moomba gas processing plant, Cooper Basin Moomba 191 and Beyond Diana Hoff VP Technical & Engineering 28 August 2013
Session outline 1 Santos unconventional history 2 Operational learnings 3 Cooper Basin investment 2
Santos unconventional footprint Portfolio of multiple play types spread across eastern Australia Todays focus McArthur Basin Cooper Basin Liquids-rich shale Conventional play Tight gas Deep coal Shale Amadeus Basin Surat/Bowen…
Santos in the Cooper Basin Over 50 years of E&P experience with a pioneering unconventional resource program Australias first dedicated shale core, Australias first contingent Drilling of dedicated shale Australias first gas…
Santos understands the Cooper rocks Santos has significant Moomba REM thickness understanding of the Cooper Basin FORTUNA and Moomba REM continuity and MOOMBA 191 AURORA thickness trends 50+ years of operational subsurface data…
Moomba 191 success Australias first commercial shale production commenced 28 September 2012 Initial flow rate 3 mmscf/d Current flow rate 2 mmscf/d Location close to existing pipeline and infrastructure allowed quick tie-in - 8km…
Leveraging existing infrastructure Santos operates and jointly owns all major infrastructure and processing facilities in the Cooper Basin 550 TJ/d sales gas capacity (519 mmcf/d) (Moomba & Ballera with plans to expand) 70 PJ gas…
Beyond Moomba 191 85 Tcf of gross technically recoverable Gaschnitz 1 unconventional gas 9 well, 200m gross program over 2yrs Two play focus: - Basin Centred Gas Moomba 191 (Gaschnitz 1) - REM shale (Moomba 191) 8
Session Outline 1 Santos unconventional history 2 Operational learnings 3 Cooper Basin investment 9
CSG drilling cost reductions Roma deviated overbalanced well drilling cost m Significant time and cost 1.5 2012 average efficiencies are continuing to be 1.1 million per 2013 average 1.2 well 0.94 million achieved as a result of: per…
Cowralli multi-well pad performance Cowralli multi-well drilling & SIMOPS Improving operational efficiency Multi-well Pad 1 SIMOPS control location Projected: 15-20% cheaper than a single well 55% lease size reduction per well 50%…
Session Outline 1 Santos unconventional history 2 Operational learnings 3 Cooper Basin investment 12
Cooper Basin investment Focussing on increasing volume and reducing costs to deliver a higher margin business 1. Existing facilities reliability 2. Upstream development Reliability Well-head production capacity Growing through…
Australias unconventional opportunity Significant resources underpinned by Resources unprecedented Asian demand for energy Australia well placed to Technology adopt NA shale lessons with early positive results Limited…
Insert picture Santos operated Moomba gas processing plant, Cooper Basin Moomba 191 and Beyond Diana Hoff VP Technical & Engineering 28 August 2013
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