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Santos 2026 Third Quarter Report

22 Oct 2026 1:18 PM | Stephanie Berlin (Administrator)

Key Northern Territory Activity & Developments

Barossa Project & Darwin LNG:

  • The Barossa project achieved steady production during the third quarter, operating alongside Darwin LNG, which recorded an impressive 98.5% reliability rate.
  • Feed gas to Darwin LNG reached a new record peak of approximately 600 mmscf per day.
  • During the quarter, ten LNG cargoes and two condensate cargoes were lifted from Darwin LNG.

Beetaloo Sub-Basin Exploration:

  • Early results from the Jibera South 1 appraisal well showed that the shale layers run consistently across the area. All three main layers hold thick, gas-rich rock, with the Velkerri C shales performing better than expected, and the A and B shales meeting pre-drill expectations.
  • This supports confidence in a 'cube' approach (developing all three layers simultaneously) to unlock more value from the acreage.
  • Early in the fourth quarter, the pilot hole was drilled to a total depth of 3,457 metres, with drilling rates matching best-in-basin benchmarks.

To view the full ASX announcement, click here. 

To view the 2026 Third Quarter Report Data Tables, click here.

Source: santos.com

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