On 3 July 2020 Santos Ltd, via wholly owned subsidiary Santos NA Barossa Pty Ltd was awarded Production License NT/L1, in the Bonaparte Basin. The contract covers the Barossa field and has been granted for the duration of the field life. Under the terms of the permit, Santos, along with the joint venture partners, are to continue to appraise and explore the permitted area, to establish whether additional recoverable reserves are present.  The license has been awarded over NT/RL5, in order for production from the Barossa field to commence. The field, which was discovered in 1999, is in line to backfill the Darwin LNG Project, with the Bayu/Undan field, the existing supplier, nearing the end of its life. The Barossa field has 2P estimated recoverable reserves of 4,675 Bcf of gas and 20 MMbbl of condensate. Santos reported in March 2020 that FID for the field is likely to be delayed due to the Coronavirus Disease 2019 (COVID-19) until business conditions improve.  NT/L1 covers an area of 841 sq km. Participants in the field are Santos Ltd (62.5% and operatorship, through Santos NA Barossa Pty Ltd and Santos Offshore Pty Ltd) and SK E&S (37.5%).
Australia (Bonaparte B.) NT/RL5 operated by SANTOS (63%), SK HOLD (38%), Santos Ltd was awarded Production License NT/L1, in the Bonaparte Basin. The contract covers the Barossa field and has been granted for the duration of the field life. Under the terms of the permit, Santos, along with the joint venture partners, are to continue to appraise and explore the permitted area, to establish whether additional recoverable reserves are present. The license has been awarded over NT/RL5, in order for production from the Barossa field to commence.  