Western Australia & Northern Territory site visit 10-12 November 2019
Western Australia & Northern Territory site visit 10 12 November 2019 Sunday, 10 November 2019 Management dinner Perth, Western Australia Monday, 11 November 2019 Varanus Island site tour Carnarvon Basin, offshore Western…
Santos profile (ASX: STO, US ADR: SSLZY) Santos purpose is to provide sustainable returns for our shareholders by supplying reliable, affordable and cleaner energy to improve the lives of people in Australia and Asia DIVERSIFIED AND…
Santos Offshore Division WA and NT High quality portfolio of operated production and near field development and exploration assets Strong operating performance + Integrated operations across Varanus Island, Devil Creek and Macedon…
Santos Offshore Division WA and NT Production profile and growth opportunities supported by strong offshore operating expertise and capabilities 2018 2P reserves 2019 Q3 YTD Production + The acquisitions of Quadrant Energy and mmboe…
Offshore Division leadership Brett Darley Joe Ariyaratnam EVP Offshore GM Offshore Development Quadrant, Apache, Woodside, Santos BP Ian Grant Calan McIntyre VP Offshore Production Operations GM Offshore Exploration Quadrant,…
Offshore Division safety and environment Santos is committed to being the safest oil and gas operator in Australia and preventing harm to people and the environment Offshore lost time injury frequency rate (LTIFR)1 + Implementation of…
Low carbon emission initiatives Advancing projects and opportunities to reduce carbon footprint for existing and future operations Devil Creek power project Darwin LNG battery bank West Arnhem fire abatement (DLNG) + Replacing…
Western Australia
Western Australia Material production infrastructure hubs with further development opportunities Varanus Island Devil Creek Macedon Van Gogh Pyrenees Santos 100% Santos 100% Santos 28.6% Santos 52.5% Santos 28.6% Ownership…
Western Australia domestic gas market Santos holds a strong position in Western Australia and is the leading supplier to the domestic market1 + 107.3PJ of sales gas supplied to the WA market 2019 Q3 YTD + Strong domestic market…
Gas infrastructure and tieback development Value delivered from integrated gas business with opportunities for further development and new markets + Maximising utilisation of combined infrastructure across Varanus Island, Devil Creek…
Varanus Island tour overview + Operational since 1986 (Harriet oil production) + 3 trains with nameplate capacity of 390 TJ/d + Supplied 23% of WA domestic gas market 2019 YTD + Integrated operations with other Santos operated…
Gas supply development Varanus Island compression project develops low pressure reserves in John Brookes, followed by tranches of subsea tieback to existing infrastructure Varanus Island compression project + Installation of inlet…
Oil production Steady production from oil production FPSO hubs + Successful first phase of Van Gogh infill development delivered under budget with production exceeding expectations + Second phase of infill drilling currently being…
Dorado appraisal Successful appraisal drilling program with safe and efficient operational performance and excellent results supporting development Dorado gross 2C resource + Excellent results from 2019 Dorado-2 & 3 appraisal wells with…
Bedout sub-basin exploration potential Controlling position around the world-class Dorado discovery + Dorado discovery proves a world class liquids-rich petroleum system with high quality reservoirs + Sparsely explored permits contain…
Significant recent WA exploration successes Building on a long-term track record of exploration success Well Year Basin Result Major oil & liquids-rich gas Dorado-1 2018 Bedout discovery High value near-field gas Spartan-1 2016…
Northern Australia
Northern Australia Material offshore and onshore acreage to pursue backfill and expansion of Darwin LNG and domestic gas opportunities Bayu Undan & DLNG Barossa Petrel-Tern-Frigate Browse Basin Crown- Petrel Tern-Frigate Greater…
Bayu Undan and Darwin LNG production hubs Reliable LNG production performance from Darwin LNG and liquids production from Bayu Undan + Reliable performance and safety record with high availability no scheduled cargo missed since start…
Acquisition of ConocoPhillips interests in Northern Australia Brownfield growth building on existing infrastructure positions Strategically + Fully aligned with Santos growth strategy to build on existing infrastructure positions around…
Strategically located LNG hub Northern Australia has the potential to become a major LNG hub for the long term, supported by Santos world class regional onshore and offshore gas resources and proximity to Asia Creation of a major LNG hub…
Advancing partner alignment Santos is prepared to sell-down to 40-50% interest in Barossa and DLNG to increase partner alignment. SK E&S has signed an LOI to acquire 25% interest in Bayu-Undan and DLNG Current Pro-forma Bayu/ Bayu/ +…
Barossa development Barossa project advancing towards FID with a number of material contracts awarded and progressing negotiations with the Darwin LNG JV for the supply of backfill gas + Field development plan includes 9 subsea wells to…
Darwin LNG site map + Commenced operations in 2006 + Over 700 cargoes delivered + Nameplate Capacity: 3.7 mpta + Planning approval for footprint up to 10 mtpa + Emergency gas supply for NT domestic market Western Australia…
Strategically aligned growth Domestic gas and LNG export opportunities supported by discovered resource base and onshore exploration and appraisal program Darwin LNG potential expansion footprint + Opportunities to create value through…
Appendix
Varanus Island and associated gas fields Santos operated 100% + Varanus Island facilities + Nameplate capacity 390 TJ/day + Two low temperature separation gas plants (3 trains) + CO2 remove plant (2 trains) + Two 39,750kL crude oil…
Devil Creek and Reindeer gas field Santos operated 100% + Devil Creek facilities + Nameplate capacity: 220 TJ/day + Includes Reindeer gas field and wellhead platform, and 3 x production wells (103km offshore) + Raw gas pipeline, gas…
Macedon and associated gas field BHP operated 71.43% / Santos 28.57% + Macedon facilities + Nameplate capacity 220 TJ/day + Four subsea wells + Subsea pipeline and umbilical to bring gas to shore + 15km wet gas pipeline from shore…
Darwin LNG overview Darwin LNG is a world-class LNG facility (Santos operated 68.4%)1 + Darwin LNG is a 3.7 mtpa LNG facility located in Wickham Point in the city of Darwin, Northern Territory + Joint venture partners include: INPEX…
Bayu-Undan overview Bayu-Undan is a mature gas-liquids project (Santos operated 68.4%)1 + Capacity 600 mmscf/d + Gas-condensate field in Timor Sea + Timor-Leste Treaty Transition contains stabilisation of tax and regulatory regimes +…
Greater Poseidon overview 40% operated position in a series of gas fields in the Browse Basin, 950km from Darwin1 + 40% Santos (operator)1, 40% Origin, 20% PetroChina + Pro-forma 2018 year-end 2C resource of 410 mmboe (gross), 164…