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November 23, 2021

Maui Conventional Gas Field, New Zealand

By Carmen

Maui is a producing conventional gas field located in shallow water in New Zealand and is operated by OMV taranaki. The field is located in block 173E39/26 (PML 381012), with water depth of 570 feet.

An expansion project is associated with the Maui, namely Maui Redevelopment . This project is currently in the construction stage, expected to start in 2022.

Field participation details

The field is owned by OMV.


Production from Maui

The Maui conventional gas field recovered 96.89% of its total recoverable reserves, with peak production in 1997. The peak production was approximately 45.45 thousand bpd of crude oil and condensate, 404 Mmcfd of natural gas and 4.38 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2029. The field currently accounts for approximately 14% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 26.75 Mmboe, comprised of 5.03 Mmbbl of crude oil & condensate, 119.19 bcf of natural gas reserves and 1.85 Mmbbl of natural gas liquid reserves. Maui conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.


Contractors involved in the Maui conventional gas field

Some of the key contractors involved in the Maui project as follows.

Other Contractors: Archer, MMA Offshore, Solstad Offshore and Valaris

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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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