14 July 2008drilling progress report● Neutral
Bow update: Hudson-1 was at 2,113 m with minor oil shows in several sandstones. The Doonmulla primary target was not yet reached. Testing will be decided after logging.
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11 July 2008drilling progress report● Neutral
Bow update: Santos' Hudson-1 was at 755 m after setting casing, planned total depth 2,434 m, with Hutton and Doonmulla as primary targets. Also covers Bow's Don Juan coal seam gas coring, not a Santos asset.
9 July 2008drilling progress report● Neutral
Third-party Beach weekly report: Santos-operated Narcoonowie-7 reached 1,678 m and is to be cased as a future oil producer. Deparanie-2 is logging and Big Lake-88 is drilling in the Hutton.
9 July 2008drilling result▼ BadMajor
AWE reports Pecten East-1 in Santos-operated VIC/P 44 reached 1,993 m; gas shows were proven residual, so the well found no producible gas. It was drilled down-dip, and the joint venture is considering a separate crestal well.
8 July 2008drilling spud● Neutral
Bow reports Santos' Hudson-1 in ATP 752P spudded at midnight on 7 July, drilling at 580 ft. It follows the Cuisinier-1 oil discovery on the same trend; Santos operates, and Bow retains 15%.
3 July 2008drilling progress report● Neutral
Third-party Beach weekly report: Santos-operated Granchio-3 was cased and suspended as a future McKinlay oil producer. Big Lake-88 and Deparanie-2 are in progress. Other items are not Santos-operated oil wells.
2 July 2008drilling scheduled● Neutral
Bow says Santos' Hudson-1 well in ATP 752P was expected to spud over the weekend after the delay flagged in June. It is the second well of a 7-well program after the Cuisinier-1 oil discovery; Bow keeps 15%.
1 July 2008drilling progress report● Neutral
AWE says Pecten East-1 in VIC/P 44 (Santos operator, 50%) was at 630 m after running 13-3/8" casing, against a planned 1,943 m. No results yet.
25 June 2008drilling spud● Neutral
AWE reports Pecten East-1, first of three wells in Santos-operated VIC/P 44 (Santos 50%, AWE 25%, Mitsui 25%), began drilling 23 June in the Otway Basin, 310 m deep, planned total depth 1,943 m. Netherby-1 and Henry-2 follow.
25 June 2008drilling progress report● Neutral
Third-party Beach weekly report: Santos-operated Big Lake-87 was cased and suspended as a future Hutton oil producer, and Granchio-3 is drilling at 1,314 m. Rain slowed operations early in the week.
19 June 2008drilling scheduled▼ Bad
Third-party Vicpet release: Santos' Hudson-1 well in ATP 752P, planned for late June, could be delayed 2-3 weeks after 80-100 mm of rain damaged roads. It targets a most likely 1.2 million barrels, up to 10 million barrels at P10.
18 June 2008drilling progress report● Neutral
Third-party Beach weekly report: Santos-operated Mama-1 was a successful well, being cased and suspended. Big Lake-87 is drilling. Beach's own Parsons-1 began producing at 2,640 bopd.
11 June 2008drilling progress report● Neutral
Third-party Beach weekly report: Santos-operated Cowralli-9 was cased and suspended as a future gas producer, and Mama-1 is drilling out cement at 542 m. Other items are Beach's own wells.
4 June 2008drilling progress report● Neutral
Third-party Beach weekly report: Santos-operated Mitchie-2 was cased and suspended as a future Tirrawarra oil and Patchawarra/Toolachee gas producer. Mia-1 is being plugged and abandoned. Other items are Beach's or others' wells.
29 May 2008farm in farm out agreement▲ GoodMajor
Santos sells PETRONAS a 40% interest in Gladstone LNG for US$2.008bn, plus US$500m on a final investment decision for a second train. Santos keeps 60% and upstream operatorship. Completion needs FIRB approval, expected within 3 months, which resolves the partner search.
28 May 2008drilling progress report● Neutral
Third-party Beach weekly report: the only Santos-operated well in progress is Mitchie-2 (Beach 20.21%), running wireline logs at 3,097 m. Other items are Beach's own wells or non-Santos operated.
14 May 2008drilling progress report● Neutral
Third-party Beach weekly report: Santos-operated Cook-14 is to be cased as a future Hutton oil producer, and Bindah-2 as a future Tirrawarra oil and Patchawarra gas producer. Other items are Beach's own wells.
7 May 2008drilling progress report● Neutral
Third-party Beach weekly report: Santos-operated Coonatie-12 was cased and suspended as a future gas producer, and Bindah-2 is drilling in the Patchawarra. Other items are Beach's own wells.
6 May 2008drilling result▲ Good
Third-party Vicpet release confirms the Cuisinier-1 oil discovery in ATP 752P, with 6 m net pay, completed as a producer. Production is expected early Q3 2008 through Santos infrastructure; Hudson-1 follows in June.
6 May 2008drilling result▲ GoodMajor
Third-party Bow release: Santos-operated Cuisinier-1 was cased and suspended as a potential new oil discovery, with 6 m of net oil pay at 1,622-1,630 m. Next farm-in well, Hudson-1, is planned for late June 2008.
30 Apr 2008drilling progress report● Neutral
Third-party Beach weekly report: Santos-operated McKinlay-9 was cased and suspended as a future oil producer. Coonatie-12 reached 3,165 m and Bindah-2 is drilling. Bodalla South-19 is Beach's own well.
23 Apr 2008drilling progress report● Neutral
Third-party Beach weekly report: Santos-operated Cooba-3 was cased as a future gas producer and Mudera-14 was suspended, to continue with another rig later. McKinlay-9 is drilling. Beach's Coolangatta-1 was abandoned.
23 Apr 2008drilling spud● Neutral
Third-party Bow release repeating that Santos-operated Cuisinier-1 spudded 21 April 2008 in ATP 752P, the first well of the farm-in. Bow is fully carried for up to 7 wells and keeps 15%. Nothing new for Santos.
23 Apr 2008drilling spud● Neutral
Third-party Vicpet release: Santos-operated Cuisinier-1 began drilling 21 April 2008 in ATP 752P, the first well of the farm-in with Vicpet, Bow and Avery. It targets up to 2.1 million barrels, to 2,513 m, about 6.2 km from the Cook field.
16 Apr 2008drilling progress report● Neutral
Third-party Beach weekly report: Santos-operated McKinlay-7 and Cook-13 were successful (Cook-13 with 13 ft net oil pay), and Granchio-2 is in progress. Cooba-3 and Mudera-13 also progressed. Beach's own Currumbin-1 was abandoned.
9 Apr 2008drilling progress report● Neutral
Third-party Beach weekly report: Santos-operated Cook-10 was plugged and abandoned; Mudera-12 and Coonatie-13 were cased as gas producers. Cook-13, Cooba-3, McKinlay-7 and Mudera-13 are in progress.
9 Apr 2008drilling progress report● Neutral
Third-party Tap update: Santos-operated Johnson-1 (Santos 37.5%) reached about 1,680 m, with 10-14 more days to reach total depth near 3,200 m. No result yet.
2 Apr 2008drilling result● Neutral
Third-party Beach weekly report: Santos-operated McKinlay-8 was unsuccessful and is being abandoned. Cook-10 is drilling; Fly Lake-24 was cased with 27 m of gas pay. Basker-6 and Parsons-2 are not Santos wells.
1 Apr 2008drilling spud● Neutral
Third-party Tap release: Santos-operated Johnson-1 exploration well spudded 1 April 2008 in WA-358-P, Carnarvon Basin, targeting oil to about 3,200 m. Santos holds 37.5%. Result due in about 19 days.
26 Mar 2008drilling result▲ Good
Third-party Beach weekly report: Santos-operated Cook-11 was cased as a future oil producer (24 m gross oil column), and Squalo-1 as a future oil producer (4.5 m pay in McKinlay). McKinlay-8 is now drilling.