Asset Report
Kitan (Ceased)
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Kitan oil field was discovered in 2008. It was 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. This area is now within Timor-Leste's exclusive economic zone. The initial development comprised of three subsea wells on the Kitan field, tied back to the Glas Dowr leased floating production storage and offtake (FPSO) facility. Production ceased in 2015, decommissioning is still ongoing.
Table of contents
- Summary
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Key Issues
- Key Development Metrics
- Wells
- Exploration Costs
- Capital Costs
- Operating Costs
- Global Economic Model (GEM) file
- Cash Flow
- Indicative Technical Valuations
Tables and charts
This report includes the following images and tables:
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Index MapKitan Detail MapParticipation
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Reserves (2P) at 01/01/2026Production (2010-2016)Production ProfileExploration Costs 2006 to 2014 (US$ million)Capital Costs Pre-2011 to 2019 (US$ million)Operating Costs 2010 to 2017 (US$ million)Cash Flow (US$)PV Table (US$)
- 5 more item(s)...
What's included
This report contains:
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