Santos has been awarded two permits offshore Western Australia (G-9-AP in Carnarvon basin and G-11-AP in Bonaparte basin) to evaluate CO2 storage potential.
The Carnarvon basin covers 3,589 sq km and provides potential new acreage for carbon capture storage (CCS) beyond the company’s Reindeer fields which plays into plans to establish a CCS hub at Reindeer and Devil Creek, Santos said.
The Bonaparte permit covers over 26,000 sq km and is relatively close to the Santos Bayu-Undan CCS project, which the company says is important to build its planned northern Australia and East Timor CCS hub.
The company’s first CCS project at Moomba in South Australia is now 20% complete with 100 million tonnes of CO2 capacity and contingent resources already booked. The Bayu-Undan CCS project entered front-end engineering and design stage earlier this year.
Santos is operator of G-9-AP with 50% interest. Chevron Australia Pty Ltd. holds the remaining 50%.
Santos is operator of G-11-AP with 40%. Partners are Chevron Australia (30%) and SK E&S (30%).
