Santos of Australia today announced a 9% lift in second quarter production to 13 million barrels of oil equivalent (mmboe).
Highlights:
Key activities during the period
Santos Chief Executive Officer David Knox said the on-time start-up of new projects had contributed to the highest quarterly production result since 2009.
“Higher production, including our best quarterly oil output in four years, combined with strong oil and gas prices, has delivered another solid quarterly result, setting a strong foundation for the second half of 2012.”
“The PNG LNG and GLNG projects remain on-track for first LNG in 2014 and 2015 respectively,” Mr Knox said.
[mappress]
LNG World News Staff, July 19, 2012