OPERATIONS

Karoon downgrades Brazilian estimates

KAROON Gas has downgraded resources at its Kangaroo and Echidna fields in Brazil’s Santos Basin, though the move has not overly affected sentiment from analysts such as RBC Capital Markets.

Karoon's Brazilian permits

Karoon's Brazilian permits

The reductions follow a change in assumptions, with Karoon now believing there is dependency between reservoir units and they should be aggregated using probabilistic addition rather than arithmetic addition....

Start a free trial to continue reading this article
Already have an account?  
Subscribe now

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry