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Karoon Raises 2025 Output Forecast Despite Baúna Pump Setback

10:43pm on Friday 29th of August, 2025 AEST Energy
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Karoon Raises 2025 Output Forecast Despite Baúna Pump Setback

10:43pm on Friday 29th of August, 2025 AEST
Key Points
  • Electrical cable failure reduces SPS-92 well output to 2,500–3,000 bopd
  • Partial production resumed using remaining cables; full repair requires rig intervention
  • Replacement ESP and cable already in stock; intervention planned for Q2 2026 earliest
  • Baúna Project 2025 production guidance raised to 7.3–7.8 million barrels
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