Asset Report

Kupe Area

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Kupe is an offshore gas-condensate development located 30 km from the South Taranaki coast. The Kupe South field was discovered in December 1986 by New Zealand Oil and Gas (NZOG) (now Echelon Resources). A further four exploration and appraisal wells were drilled, however development did not proceed due to low oil and domestic gas prices at the time. Improving prices led to a re-evaluation of field development and FEED commenced in June 2004. FID was taken in June 2006. Production began in December 2009 from three development wells on an unmanned wellhead platform. A 30 km subsea pipeline connects the wellhead platform to the onshore Kupe Production Station operated by Beach Energy.

Table of contents

  • Summary
  • Key Issues
  • Recent exploration
  • Recent and future development
  • Key development metrics
  • Historical development
  • Gas
  • Condensate and LPG
  • Cash Flow

Tables and charts

This report includes the following images and tables:

  • Index Map
  • Kupe Area Detail Map
  • Participation
  • Reserves (2P) at 01/01/2025
  • Contingent Resources (2C) at 01/01/2025
  • Production (2015-2024)
  • Production Profile
  • Pipeline Summary
  • Exploration Costs 2000 to 2009 (US$ million)
  • Capital Costs Pre-2016 to 2024 (US$ million)
  • Operating Costs 2024 to 2033 (US$ million)
  • 8 more item(s)...

What's included

This report contains:

  • Document

    Kupe Area

    XLS 773.50 KB

  • Document

    Kupe Area

    PDF 1.84 MB