Santos Narrows 2026 Output Guidance as Barossa and Pikka Ramp Up

Santos reported updated production forecasts following progress at two major development projects during the first half of the year. The Barossa LNG facility in Australia reached 97% of its planned production capacity, with liquefied natural gas cargoes being loaded approximately every eight days. In Alaska, the Pikka oil project’s initial wells were producing around 23,000 barrels per day, with the company targeting plateau production near 80,000 barrels per day in the third quarter and