(EnergyAsia, February 13, Friday) — Australian oil and gas producer Santos expects its oil and gas output to stagnate at 2008 levels. The main reasons are aging fields, poor replacement of reserves and lack of new major finds. The company has projected production at between 53 and 56 million barrels of oil equivalent (boe) for…
AUSTRALIA: Santos oil and gas output expected flat for 2009
Posted on February 12, 2009 by EnergyAsia