Australia finds more gas for home and abroad
Santos’ discovery of a sizeable gas column in the Northern Carnarvon Basin should boost the NWS venture’s expansion plans
The relatively surprising find, announced by Australian independent Santos in April, has the potential to support both LNG exports through the North West Shelf (NWS) project and domestic supply into the burgeoning Western Australian (WA) market. The gas column was discovered during appraisal drilling at the Corvus-2 well and inherited by Santos when it acquired smaller rival Quadrant Energy in a friendly takeover deal last year. The column lies adjacent to the substantial shallow-water Dorado oil find—the third largest oil discovery in WA's history when Quadrant found it in 2018. The story goes that Santos was doing a quick appraisal, plug and abandon exercise at Corvus-2 before diverting th
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
