Santos Energy Solutions – Moomba CCS Project

2020 Roundtable for Oil & Gas - 30 November 2020

Christian Winterfield, Team Leader CCS Subsurface & FDP

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 Net zero by 2040
Emissions reduction targets designed to support Australia’s Paris Agreement commitments.
26-30% reduction by 2030
2025 target 2030 target 2030 Scope 3 2040 target
emissions target

+ Reduce emissions >5% + Reduce Scope 1 and 2 + Santos will actively work + Net zero Scope 1 and 2
across the Cooper Basin absolute emissions by 26- with customers to reduce absolute emissions by
and Queensland 30% by 2030 from 2020 their Scope 1 and 2 2040
operations baseline1 emissions by >1 mtCO2e
per year by 2030
+ Ahead of plan + New target

Technology enablers

+ Fuel efficiency
+ Electrification and renewables integration
+ Utilisation of CCS technology to reduce emissions and to accelerate the economic feasibility of hydrogen and natural gas to
hydrogen switching as the market transitions

1 Reductions are relative to a baseline defined as Santos’ net share of Scope 1 and 2 emissions from financial year 19/20 production volumes, adjusted to include Bayu-Undan and DLNG at 68.4% from 1 January 2020.
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Moomba Carbon Storage SEO
Multiple potential carbon storage sites – low risk due to established hydrocarbon operations.

QUEENSLAND
SOUTH AUSTRALIA
 Existing separated industrial CO2 source – Moomba gas plant

 Long-term experience with gas injection

 Depleted reservoirs with proven rock seal

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5  Multiple injection targets close to CO2 source

1. MOOMBA GAS PLANT CO2 Source

7 2. STRZELECKI-MARABOOKA ~50 km
4 3. KIDMAN-AROONA-BAGUNDI ~60 km
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4. DELLA ~40 km
2 3
5. TIRRAWARRA ~50 km
6. FLY-LAKE ~60 km
7. GIDGEALPA ~25 km

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 CCS – Global Milestones & Santos Operations
Santos has a proven track record and decades of experience injecting hydrocarbons and
water for enhanced recovery and storage
1970s 1980s 1990s 2000s 2010s

CO2-EOR Permian Basin (USA)

Santos Moomba LDB Storage

Santos Tirrawarra EOR (C2)

Santos Mereenie CH4 Injection

Santos Dullingari H2O

Slepiner CCS (Norway)

Santos Cooper Basin Waterflood

Since the 1980s Santos has operated the Moomba LDB underground
1 storage reservoir, undertaking successive periods of gas injection and Santos Fly Lake EOR
withdrawal.
Chevron Gorgon CCS
Since 2008 Santos has injected >50kt of CO2 into Cooper Basin
2 Moomba CCS Project Sanction
reservoirs at Fly Lake as part of a raw gas injection scheme for
enhanced oil recovery (EOR) 4
Moomba CCS Project: Objectives & Key Milestones
Current project: Store 1.7 Mtpa Moomba vented CO2
Industry leading cost: <A$30/tCO2
Primary objective: Large-scale carbon capture and storage opportunity to reduce emissions
COVERED BY ESTABLISHED EIRs & SEOs

MOOMBA CARBON
STORAGE EIR & SEO

 2019 Facilities Pre-FEED complete

 2019 Storage reservoir screening complete
 2019 Q4 Facilities FEED commenced
 2020 Reservoir modelling commenced
 2020 Regulatory approvals commenced
 YE2020 Target sanction-ready project
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Moomba CCS Project: Facilities
The project targets the capture of Moomba vented CO2 and establishment of suitable storage reservoirs.

CO2 Source CO2 Processing CO2 Transport CO2 Distribution CO2 Disposal

Vent (H2O)

Candidate Field #1

Candidate Field #2

Future Field Development

CO2 Train Upgrade Moomba CO2 Facility CO2 Pipeline Field Facilities Injection Wells

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Moomba CCS Project: Moomba Plant Facility

Brownfields Integration

+ Capture from Benfield Trains

+ Utilities integration

Greenfields Development

+ Compression

+ TEG Dehydration

+ CO2 export Pipeline

Moomba CCS Project: Injection Targets
Depleted hydrocarbon reservoirs are well characterised and understood through decades of
exploration, appraisal and production data, making them the ideal storage targets.

CONTAINMENT
+ Reservoir seals proven through containment of
hydrocarbons for tens of millions of years 

CAPACITY
+ Storage capacity well understood through historic
hydrocarbon production volumes 

INJECTIVITY
+ Injectivity well understood through decades of
hydrocarbon production data 
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Moomba CCS Project: Monitoring Plan

CCS MONITORING PLAN OBJECTIVES

MEASURE
+ Accurately measure the volume of CO2 injected into the reservoir
+ Establish baseline conditions
+ Assess the integrity of the storage complex and wells

MONITOR
+ Determine the movement and ultimate fate of the injected CO2
+ Ongoing assessment of reservoir parameters and subsurface data

MANAGE
+ Detect and facilitate timely response to any deviations from planned
migration and containment
+ Assess the effectiveness of any implemented risk control measures 13
Moomba CCS Project: Monitoring Method
Detailed monitoring plan under development

1) Low risk storage complex – proven

hydrocarbon containment

2) Baseline supported by historic CONCEPTUAL PLAN

production data and reservoir models

3) Monitoring plan focus is direct

measurement from observation wells

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Moomba CCS Project: Opportunity Summary
 Established operations and CO2 processing facilities

 Proven track record of natural gas storage

 Geological seals proven by hydrocarbon containment

 High level of geological knowledge through production history

 Globally competitive large-scale storage cost

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