Santos Narrows 2026 Production Guidance as Barossa and Pikka Projects Progress
Australian energy producer Santos has narrowed its full-year 2026 production guidance to between 99-105 million barrels of oil equivalent (mmboe) due to progress at the Barossa LNG project and Alaska's Pikka oil development. First-half output reached 45.6 mmboe, with second-half production expected to rise by 20%–30%. The company anticipates stronger cash flow in Q3 as commissioning costs decline.
Topics: cash flow outlook LNG output oil production production guidance