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Unlocking material gas resources – Moomba South case study

In the last two years, Santos has identified and unlocked a significant contingent resource in the Cooper Basin, onshore Australia. Commercialisation of these resources has been enabled through the application of phased appraisal programs, combined with Santos’ disciplined low-cost operating model. The implementation of a disciplined low-cost operating model as part of the current Santos strategy has resulted in unprecedented cost reductions in the Cooper Basin. Sub-economic contingent resources across many fields have become primary targets for appraisal and development for conversion to economic reserves. One of Santos’ largest contingent resources lies in the deep tight rocks of the Moomba Field.