Asset Report
Barossa Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Barossa is a giant offshore gas and condensate field located around 300 kilometres from Darwin. The Barossa development was approved by NOPSEMA in March 2018, followed by FID by the Barossa JV in March 2021. It is a subsea development tied back to the BW Opal FPSO, which can process up to 11,000 b/d condensate, 635 mmcfd Darwin LNG (DLNG) feed specification gas, and 730 mmcfd gross gas. Gas from the FPSO is piped 385 km to DLNG via two sections: the 262 km gas export pipeline (GEP) and the 123 km Darwin Pipeline Duplication (DPD). ‘Barossa Area’ refers to both the Barossa and Caldita fields. We assume that Caldita will be brought onstream in the early 2040s to support and maintain output at DLNG.
Table of contents
- Summary
- Key Issues
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Emissions
- Safeguard Mechanism
- Reservoir CO2
- Reservoir CO2-linked costs
- Santos
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Key development metrics
- Timing
- Wells
- BW Opal FPSO
- Subsea
- Contractors
- Exploration costs
- Capital costs
- Barossa
- 2 more item(s)...
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Operating costs
- LNG offtake and upstream revenue
- Cash flow
- Cash Flow
Tables and charts
This report includes the following images and tables:
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Index MapDetail MapParticipation
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Reserves (2P) at 01/01/2026Production (2025-2034)Production ProfileOperating Costs 2025 to 2034 (US$ million)Capital Costs 2016 to 2025 (US$ million)Annual Gas PricesCash Flow (US$)PV Table (US$)
- 5 more item(s)...
What's included
This report contains:
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