Permit Activity
Asset overview
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,
69% OMV
Read More about the Maari Project here
Production
Maari Production: New Zealand Oil & Gas share*
Financial Year Ended | Oil (bbls) |
---|---|
June 20 | 108,932 |
June 19 | 115,823 |
June 18 | 130,281 |
June 17 | 152,201 |
June 16 | 225,777 |
Reserves
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) |
---|---|
June 20 | 0.55 |
June 2019 | 0.65 |
June 2018 | 0.67 |
June 2017* | 0.82 |
* Includes 100% of Cue’s share.