Production commenced in February 2009 from three producing reservoirs to a single wellhead platform adjacent to the Maari field, before connecting to the Floating Production Storage and Offloading (FPSO) vessel, approximately 80 kilometres offshore Taranaki.
The joint venture parties are:
5% Cue Energy,
26% Horizon Oil,
Read More about the Maari Project here
Maari Production: New Zealand Oil & Gas share*
|Financial Year Ended||Oil (bbls)|
Reserves - New Zealand Oil & Gas Share*
Remaining Proven and Probable (2P) oil and gas reserves
at 30 June 2020
|Reserves Date||Oil & Condensate (million barrels) |
* Includes 100% of Cue’s share.