Jul 23, 2026 – 10.55amSantos has cut its guidance for full-year output after challenges in starting up two major growth projects in the Timor Sea, and Alaska pushed out a long-forecast jump in output to the December half.Production this year is now expected to be between 99 million and 105 million barrels of oil and gas, down from an earlier range of 101 million-111 million barrels, Santos said on Thursday.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Santos trims output guidance as project hiccups delay surge
The oil and gas company said second-half production should beat the first-half level by up to 30 per cent, while a jump in LNG prices will also boost cash flow.
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