Santos and its GLNG partners will make a massive capital investment of $900 million in upstream developments in the Maranoa, Western Downs, Central Highlands and Banana regions this year.
As well as upstream developments around the Fairview, Scotia and Arcadia fields, this investment includes the first year of funding for the new $750 million Roma East project which will be developed over the next three years.
The Roma East project will involve bringing on line another 480 wells including drilling around 430 new wells, connecting existing appraisal wells, and drilling pre-development wells in the surrounding areas
The project will also include around 420 kilometres of water, gas gathering and other pipelines, 120 TJ per day of additional compression, 670 kilometres of power lines and around 25 kilometres of fibre optic cables. A new water-handling facility for irrigation and over 200 hectares of additional irrigation in the Roma area will improve livestock carrying capacity for some local landholders.