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AAP
AAP
Business
Derek Rose

Gas boom boosts Woodside, Santos

Woodside Santos Gordon Ramsay Meg ONeill Oil
Gas producers Woodside and Santos reported solid quarterly results on higher prices. (Mick Tsikas/AAP PHOTOS) (AAP)

Australia's two biggest oil and gas producers are both reporting solid quarterly results as they take advantage of higher prices.

Woodside on Thursday upgraded its full-year production guidance to 153 million to 157m barrels of oil equivalent (mmboe), from the 145m to 153m previously forecast, after producing 51.2m barrels in the three months to September 30.

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