THE LINK: OCTOBER 2024 20 Santos Ltd. eyes 80,000 barrels per day in initial phase Australian-owned Santos, Ltd. is pushing toward a startup of its Pikka project in the first half of 2026. The company is at 60 percent completion at Pikka, Santos CEO Kevin Gallagher told the Alaska Oil and Gas Association’s midyear conference Aug. 29. Santos owns 51 percent of Pikka with Repsol, based in Madrid, as a 49 percent minority owner. Pikka will produce 80,000 barrels per day at peak in its phase one and will proceed to a phase two with additional wells and production pads at the completion of phase one, Santos has said previously. Engineering and design work is already underway for phase two. Pikka is one of two major new North Slope development projects, the other being ConocoPhillips’ Willow, also under construction. Willow is on federal lands in the National Petroleum Reserve-Alaska and is to begin production in 2029 with an expected peak rate of 180,000 barrels per day. Gallagher told attendees at the Push is on for ‘first oil’ at Pikka project in ’26 Photo Courtesy Santos Ltd.
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