Kupe is a producing conventional gas field located in shallow water in New Zealand and is operated by Beach Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 174E39/25 (PML 38146), with water depth of 137 feet. Buy the profile here.
Field participation details
The field is owned by Beach Energy, Genesis Energy and OG Oil & Gas.
Production from Kupe
The Kupe conventional gas field recovered 66.22% of its total recoverable reserves, with peak production in 2017. Based on economic assumptions, production will continue until the field reaches its economic limit in 2045. The field currently accounts for approximately 13% of the country’s daily output.
About Beach Energy
Beach Energy Ltd (Beach) is an independent upstream oil and gas company. It carries out the exploration, development, production, processing, and transportation of crude oil and natural gas. Beach’s asset portfolio includes ownership interests in oil and gas infrastructure, assets in Australia and New Zealand and a suite of high potential exploration prospects spanning five basins. The company’s producing assets include Cooper, offshore Otway and Bass basins. The Otway Basin is an onshore and offshore basin extending from the Cape Jaffa in South Australia to north-west Tasmania. It also has permits in the onshore Otway, Bonaparte, Browse, Taranaki and the Canterbury basins. Beach is headquartered in Adelaide, South Australia, Australia.
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For more details on the Kupe Conventional Gas Field, buy the profile here.
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