PERTH, Jan 23 (Reuters) - Santos Ltd posted a 3 percent slide in fourth-quarter production from a year ago due to unplanned outages and repairs at one of its main fields, the Australian oil and gas producer said on Friday.
Santos said total production in the three months to Dec. 31 was 13.6 million barrels of oil equivalent (boe), compared with 14 million boe a year ago.
Full-year production was 54.4 million boe, down 8 percent from a year ago and at the lower end of its previous estimates of 54-56 million boe.
Santos said its 2009 output was expected to be between 53-56 million boe.
Santos and partner Apache, which said last month they would defer the A$900 million Reindeer gas project in Australia, are now seeking to revive the development after signing a gas supply deal with Citic Pacific Ltd.
(Reporting by Fayen Wong) Keywords: SANTOS/PRODUCTION (fayen.wong@thomsonreuters.com; +618 9456 1947; Reuters Messaging: fayen.wong.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Santos said total production in the three months to Dec. 31 was 13.6 million barrels of oil equivalent (boe), compared with 14 million boe a year ago.
Full-year production was 54.4 million boe, down 8 percent from a year ago and at the lower end of its previous estimates of 54-56 million boe.
Santos said its 2009 output was expected to be between 53-56 million boe.
Santos and partner Apache, which said last month they would defer the A$900 million Reindeer gas project in Australia, are now seeking to revive the development after signing a gas supply deal with Citic Pacific Ltd.
(Reporting by Fayen Wong) Keywords: SANTOS/PRODUCTION (fayen.wong@thomsonreuters.com; +618 9456 1947; Reuters Messaging: fayen.wong.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.