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  1. Market Data
May 6, 2022

Kapuni Conventional Gas Field, New Zealand

By Carmen

Kapuni is a producing conventional gas field located onshore New Zealand and is operated by Todd Petroleum Mining. The field is located in block 174E39/14 (PML 38839), 174E39/13 (PML 38839), 174E39/20 (PML 38839), and 174E39/19 (PML 38839).

Field participation details

The field is owned by Todd.


Production from Kapuni

The Kapuni conventional gas field recovered 97.60% of its total recoverable reserves, with peak production in 1977. The peak production was approximately 14.95 thousand bpd of crude oil and condensate, 203 Mmcfd of natural gas and 0.19 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2027. The field currently accounts for approximately 7% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 6.9 Mmboe, comprised of 1.35 Mmbbl of crude oil & condensate, 27.98 bcf of natural gas reserves and 0.89 Mmbbl of natural gas liquid reserves.


About Todd Petroleum Mining

Todd Petroleum Mining Company, Ltd. is engaged in oil and gas sector businesses.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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