Asset Report

Maari

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The Maari Area is located around 70 km offshore Taranaki. The oil development consists of two structures - Maari and Manaia. Development of the Maari Area was sanctioned on 21 November 2005. Oil production began in February 2009. The development utilises a wellhead platform and a floating production storage and offloading (FPSO) vessel with a processing capacity of 40 kb/d. The FPSO was originally leased, however, the joint venture purchased it in March 2013. Development drilling in 2014 and 2015 boosted oil production from around 5 kb/d to 12 kb/d. Production has steadily declined since.

Table of contents

Tables and charts

This report includes the following images and tables:

  • Index Map
  • Maari Detail Map
  • Participation
  • Reserves (2P) at 01/01/2025
  • Contingent Resources (2C) at 01/01/2025
  • Production (2015-2024)
  • Production Profile
  • Exploration Costs 2018 to 2024 (US$ million)
  • Cash Flow (US$)
  • PV Table (US$)
  • Summary Table (US$)
  • 6 more item(s)...

What's included

This report contains:

  • Document

    Maari

    XLS 664.50 KB

  • Document

    Maari

    PDF 1.74 MB