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Project Insights

Santos unveils major NWS gas find with potential for LNG exports

The liquids-rich find at Corvus 2 lies close to the shallow-water Dorado field – the third largest oil discovery in Western Australia's history The liquids-rich find at Corvus 2 lies close to the shallow-water Dorado field – the third largest oil discovery in Western Australia's history.
By Sally Bogle 17 April 2019 Asia Pacific / Exploration & Production 0 34149
The Goodwyn Platform in the North West Shelf. (Woodside)

In a surprise announcement, Australian gas producer and LNG exporter Santos said this week that it had uncovered a “significant offshore resource” of gas with a high liquids content during drilling at its Corvus 2 well on Australia’s North West Shelf (NWS).

Santos was using the rig that discovered Corvus 2 to drill a quick appraisal well that could be plugged and abandoned before moving on to the Dorado oil discovery to try to prove the size of that resource and its potential for large associated...