Neon — oil project
Data compiled from public filings — information only, not investment advice. AI‑assisted; see methodology.
Project information
As at 31 December 2025
Description
As at 31 December 2025
An oil development opportunity in the Santos Basin offshore Brazil, Karoon's largest contingent-resource asset, where work is underway to optimise a potential development (e.g. as a subsea tieback). Neon 2C contingent resources grew to 90.3 MMbbl in 2025 on the back of technical studies. No reserves have been booked; a development concept is being matured.
Oil & Gas metrics
As at 31 December 2025
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