Different Satellite Organization for a Development Environment?

I've been watching Thomas Cameron's Power User Tips and Tricks for Red Hat Satellite here: https://www.youtube.com/watch?v=8lxzHZesiB8

Watching it has raised a question for our group.

Within in VMWare vSphere, we have three environments, production, test and development for our RHEL Servers. We were wanting to be able to patch these different environment and Thomas talks about setting up different Organizations.

So it seems like instead of buying two more RH Satellite servers, we can create two other Organzations, as long as we have the entitlements and point them to those environments, correct?