Headquarters: Adelaide, SA, Australia
Founded: 18 March 1954
CEO: Mr. Kevin Thomas Gallagher B.Eng, FIEAust, MAICD
AUD as of July 1, 2023
Santos Ltd., standing for South Australia Northern Territory Oil Search, is an independent oil and gas producer. Particularly involved in the extraction of domestic gas in Australia, Santos Ltd also distributes gas across the country. It is also engaged in oil and gas exploration and production ventures in Australia, in the Timor Gap, Indonesia, Papua New Guinea, India, Bangladesh, Egypt, Vietnam, and Kyrgyzstan, as well as the export of liquid natural gas to Japan.
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Santos Limited explores for, develops, produces, transports, and markets hydrocarbons for homes and businesses in Australia and the Asia Pacific. Its five principal assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Northern Australia and Timor-Leste, and Western Australia. The company also holds an asset in Alaska; and engages in the development of carbon capture and storage technologies. In addition, it produces natural gas, liquefied petroleum gas, ethane, methane, coal seam gas, liquefied natural gas, shale gas, and condensate, as well as oil. The company's proved plus probable reserves include 1676 million barrels of oil equivalent. Santos Limited was incorporated in 1954 and is headquartered in Adelaide, Australia.
Gas and petroleum exploration Production, treatment and marketing of coal seam gas (CSG), liquefied natural gas (LNG), crude oil, condensate, naphtha and liquid petroleum gas (LPG); Transportation by pipeline of crude oil and gas
Kevin Gallagher, CEO
Revenue: US$3.660 billion (2018)
Net income: US$0.727 billion (2018)