Kowhai is a producing conventional gas field located onshore New Zealand and is operated by Greymouth Petroleum Mining Group. The field is located in block 174E39/2 (PMP 51378).
Field participation details
The field is owned by Greymouth Petroleum.
Production from Kowhai
The Kowhai conventional gas field recovered 88.16% of its total recoverable reserves, with peak production in 2010. The peak production was approximately 0.66 thousand bpd of crude oil and condensate and 17 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2036. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 1.29 Mmboe, comprised of 0.32 Mmbbl of crude oil & condensate and 5.79 bcf of natural gas reserves.
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.