From todays Santos report. Looks like our drills will be Q1 2022.
Dorado Development
1 Subject to detailed FEED for build and own FPSO.
Phase 1 liquids development
+ FEED underway with FID targeted for mid 2022
+ Estimated capital cost of ~$2 billion, delivering competitive cost of supply1
+ Low CO2
(~1.5%) and high-quality fluid expected to earn a premium to
regional pricing benchmarks
+ Stage 1 Assessment of Offshore Project Proposal (OPP) approved by
NOPSEMA and released for public consultation11
+ Production Licence application planned by 4Q21
Phase 2 gas development
+ Integrated development concept established for both liquids and gas
+ Gas export is a source of supply for Santos’ existing WA domestic gas
infrastructure
+ Flexibility retained for tieback of future exploration success
+ Exploration wells Apus and Pavo scheduled for 1Q22
Ann: Buffalo-10 Drilling Update, page-57
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