Asset Report

Kitan

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19 November 2019

Kitan

Report summary

The Kitan oil field was discovered in 2008. It is located in the Timor Leste/Australia Joint Petroleum Development Area (JPDA), around 150 kilometres from the Timor-Leste coast and 350 kilometres from the Australian coastline. First production from Kitan was achieved in October 2011. The field was shut-in during December 2015 as it was no longer commercial in a prolonged low oil price environment.

Table of contents

  • Key facts
    • Summary
    • Key issues
  • Location maps
  • Participation
  • Well data
  • Exploration
  • Reserves and resources
  • Production
  • Development
  • Infrastructure
    • Exploration Costs
    • Capital Costs
    • Operating Costs
  • Fiscal and regulatory
    • Cash flow
    • Discount rate and date
    • Inflation rate
    • Oil price
    • Exchange rate
    • Global Economic Model (GEM) file
  • Economic analysis

Tables and charts

This report includes 17 images and tables including:

  • Key facts: Table 1
  • Index Map
  • Kitan Detail Map
  • Participation: Table 1
  • Well data: Table 1
  • Reserves and resources: Table 1
  • Production: Table 1
  • Production Profile
  • Cash flow
  • Economic analysis: Table 2
  • Economic analysis: Table 3
  • Split of Revenues
  • Cumulative Net Cash Flow - Undiscounted
  • Cumulative Net Cash Flow - Discounted at 10% from 01/01/2022
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3

What's included

This report contains:

  • Document

    Kitan

    PDF 4.38 MB

  • Document

    Kitan

    XLS 320.50 KB