Karoon Energy Cuts 2026 Production Outlook Following Who Dat Delays
Karoon Energy Limited (ASX: KAR) has revised its 2026 production outlook after operational challenges at the Who Dat field in the Gulf of Mexico delayed the return of production from the E manifold. The field operator advised that restoration work will take longer than previously expected, with production from the affected infrastructure now unlikely to resume before the second half of 2027. As a result, Karoon has reduced its expected contribution from the Who Dat asset for 2026.
Despite the setback, the company reported that production from the field continues at approximately 3,000 barrels of oil equivalent per day on a net revenue interest basis. Development activities, including the A-1 ST well and the planned G-1 ST sidetrack project, remain on track. In Brazil, production guidance remains unchanged, although some intervention programs have experienced weather and mechanical delays. Karoon is also reviewing capital expenditure plans across its portfolio to optimise investment priorities and maintain operational efficiency.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
x
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services.
By continuing to use this site, we assume you consent to this.
Read our
Privacy Policy
and
Terms & Conditions
Karoon Energy Cuts 2026 Production Outlook Following Who Dat Delays
Karoon Energy Limited (ASX: KAR) has revised its 2026 production outlook after operational challenges at the Who Dat field in the Gulf of Mexico delayed the return of production from the E manifold. The field operator advised that restoration work will take longer than previously expected, with production from the affected infrastructure now unlikely to resume before the second half of 2027. As a result, Karoon has reduced its expected contribution from the Who Dat asset for 2026.
Despite the setback, the company reported that production from the field continues at approximately 3,000 barrels of oil equivalent per day on a net revenue interest basis. Development activities, including the A-1 ST well and the planned G-1 ST sidetrack project, remain on track. In Brazil, production guidance remains unchanged, although some intervention programs have experienced weather and mechanical delays. Karoon is also reviewing capital expenditure plans across its portfolio to optimise investment priorities and maintain operational efficiency.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au