Asset Report
Maari
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
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
- Summary
- Key Issues
- Recent exploration
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Recent and planned development
- Well workovers
- Well coNversion program
- Other
- Historical development
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Capital Costs
- FPSO
- Development drilling and upgrades
- Cash Flow
Tables and charts
This report includes the following images and tables:
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Index MapMaari Detail MapParticipation
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Reserves (2P) at 01/01/2026Contingent Resources (2C) at 01/01/2026Production (2016-2025)Production ProfileExploration 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:
