View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
November 23, 2021updated 27 Apr 2022 12:41pm

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 New Zealand. 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.

Field participation details

The field is owned by OMV.


Production from Maui

The Maui conventional gas field recovered 98.48% 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 2026. The field currently accounts for approximately 18% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 12.95 Mmboe, comprised of 3.14 Mmbbl of crude oil & condensate, 53.22 bcf of natural gas reserves and 0.94 Mmbbl of natural gas liquid reserves.


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

About OMV New Zealand

OMV New Zealand Ltd (OMV NZ), a subsidiary of OMV AG, is an oil and natural gas exploration and production company. It offers upstream production services with offshore oil and gas fields in Maari, Pohokura, and Maui across Taranaki coast, Tunisia and in the Black Sea. The company operates exploration activities with interests in Taranaki Basin, Pegasus Basin, and Great South Basin (GSB). OMV NZ has been in search of additional oil and gas reserves in New Zealand and currently holds interests in nine exploration permits, and in three offshore production licenses or petroleum mining permits. It produces liquid hydrocarbons and natural gas. The company has operations across Europe, the UAE, Australia, and Pakistan. OMV NZ is headquartered in Wellington, New Zealand.

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.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology