Cheal is a producing conventional oil field located onshore New Zealand and is operated by Matahio Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 174E39/14 (PMP 38156). Buy the profile here.
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Field participation details
The field is owned by Matahio Energy.
Production from Cheal
The Cheal conventional oil field recovered 40.86% of its total recoverable reserves, with peak production expected in 2024. Based on economic assumptions, production will continue until the field reaches its economic limit in 2069. The field currently accounts for approximately 2% of the country’s daily output.
About Matahio Energy
Matahio Energy is an independent energy company that owns and operates production and exploration capabilities in Galoc field, located in Palawan, Republic of the Philippines and Taranaki Basin, New Zealand. Matahio Energy is headquartered in Kuala Lumpur, Malaysia.
For more details on the Cheal Conventional Oil Field, buy the profile here.
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This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
