Van Gough infill project lifts Santos oil production

Company News

by Anna Napoli

Santos (ASX:STO) has today announced first oil from the Van Gough infill project.

The milestone marks the successful completion of the two-well program that will increase production from the field.

The Van Gough field is one of three subsea oil field developments located in the Exmouth Basin offshore Western Australia.

Santos Chief Kevin Gallagher says the program has been a great success, enabling a lift in production from the field.

Shares in Santos (ASX:STO) are trading 1.07 per cent higher at $6.17.




 

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.