New Zealand's Maari-Manaia tops 100 million bbl

By OGJ editors
HOUSTON, Nov. 11
-- Estimated ultimate recovery of more than 100 million bbl of oil has been confirmed for OMV AG-operated Maari field and adjacent Manaia field in the offshore portion of New Zealand’s Taranaki basin, two of the field’s partners said.

OMV AG, which declined comment on reserves and production until a full evaluation is complete, plans to place on production an extended reach well that at 26,250 ft is New Zealand’s longest penetration. That well, Manaia-1, penetrated a Mangahewa formation reservoir on the Manaia structure.

The new recovery figure is twice the volume initially estimated for the main Moki sands reservoir at Maari. New Zealand’s next largest producing area is the Tui fields at an original 50 million bbl.

Recent additional discoveries at Manaia and the Maari M2A sands plus the main Moki reservoir together “amount to over 100 million bbl of recoverable oil,” said Richard Tweedie, chairman of Maari minority partner Cue Energy. Maari field went on production in April.

The Manaia extended reach well is to be tied into Maari facilities and begin producing within months. Production from the M2A zone well in the Moki sands, 50 m above the main reservoir, is expected to start by yearend.

Another Maari partner, Horizon Oil, said the additional reserves will extend the field’s production plateau. The MR9 well to the M2A zone will produce intermittently when capacity becomes available.

Horizon said the Manaia-1 horizontal well cut 1.5-km-long Mangahewa reservoir section with a net-to-gross pay factor of 60-70% and that logs and gas-oil ratio analyses confirm the presence of oil throughout.

There was no revision to the predrill oil in place estimate of 50-60 million bbl at this stage. Horizon said oil in place estimate for the Maari M2A zone is 30-40 million bbl (OGJ Online, Oct. 7, 2009).

Exploratory wells have penetrated two more oil zones at Maari that are not yet appraised, Horizon noted. They are the deeper Mangahewa formation at Maari and the shallower Moki formation at Manaia.

Maari-Manaia interests are OMV 69%, Todd Energy 16%, Horizon Oil International 10%, and Cue Energy Resources 5%. Todd Energy owns 27% of Cue.

Related Articles

Petrobras confirms extent of Farfan area discovery, finds reservoir

02/02/2015 The drilling of a third extension well in the Farfan area in the ultradeepwater Sergipe basin confirmed the extent of the 2013 light oil and gas di...

Antero trimming, delaying Marcellus drilling

02/02/2015 Antero Resources Corp., Denver, has announced a $1.8 billion budget for 2015, which is down 41% from 2014. The independent said it plans to defer c...

Fluid typing extends production in Chinese gas reservoir

02/02/2015 Comprehensive evaluation and classified recognition (CECR) of fluid typing and zonation (FTZ) is a prerequisite for developing multilayer sandstone...

Santos acquires interest in block offshore Malaysia

02/02/2015 Santos Ltd. has acquired 20% interest in a deepwater permit offshore Sabah, Malaysia. The company will take 10% from each of Japan’s Inpex and oper...

Mud volcanoes show gas hydrates potential in India's Andaman Islands

02/02/2015 Minutes after the M9.0 Sumatra-Andaman earthquake in 2004, mud volcanoes erupted on Diglipur Island in North Andaman. The eruptions resulted in an ...

OGJ Newsletter

02/02/2015

International news for oil and gas professionals

The ANWR blitz

02/02/2015 Deception begins with a 58-sec video on the White House web site in which President Barack Obama says he'll ask Congress to make the whole Arctic N...

BHP to drill first deepwater well off Trinidad in 2016, energy minister says

01/30/2015 BHP Billiton and its partner BP PLC will drill their first well in Trinidad and Tobago’s deep water in 2016 according to the Caribbean twin-island ...

Pennsylvania governor reinstates state forest drilling moratorium

01/29/2015 Pennsylvania Gov. Tom Wolf (D) signed an executive order fully reinstating a 2010 moratorium on new oil and gas leases in state forests and parks. ...
White Papers

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by

The impact of aging infrastructure in process manufacturing industries

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industri...
Sponsored by

What is System Level Thermo-Fluid Analysis?

This paper will explain some of the fundamentals of System Level Thermo-Fluid Analysis and demonstrate...
Available Webcasts


Cognitive Solutions for Upstream Oil and Gas

When Fri, Jun 12, 2015

The oil & gas sector is under pressure on all sides. Reserves are limited and it’s becoming increasingly expensive to find and extract new resources. Margins are already being squeezed in an industry where one wrong decision can cost millions. Analyzing data used in energy exploration can save millions of dollars as we develop ways to predict where and how to extract the world’s massive energy reserves.

This session with IBM Subject Matter Experts will discuss how IBM Cognitive Solutions contribute to the oil and gas industry using predictive analytics and cognitive computing, as well as real time streaming for exploration and drilling.

register:WEBCAST


The Alternative Fuel Movement: Four Need-to-Know Excise Tax Complexities

When Thu, Jun 4, 2015

Discussion on how to approach, and ultimately embrace, the alternative fuel market by pulling back the veil on excise tax complexities. Taxes may be an aggravating part of daily operations, but their accuracy is crucial in your path towards business success.

register:WEBCAST



On Demand

Prevention, Detection and Mitigation of pipeline leaks in the modern world

Thu, Apr 30, 2015

Preventing, detecting and mitigating leaks or commodity releases from pipelines are a top priority for all pipeline companies. This presentation will look at various aspects related to preventing, detecting and mitigating pipeline commodity releases from a generic and conceptual point of view, while at the same time look at the variety of offerings available from Schneider Electric to meet some of the requirements associated with pipeline integrity management. 

register:WEBCAST


Global LNG: Adjusting to New Realities

Fri, Mar 20, 2015

Oil & Gas Journal’s March 20, 2015, webcast will look at how global LNG trade will be affected over the next 12-24 months by falling crude oil prices and changing patterns and pressures of demand. Will US LNG production play a role in balancing markets? Or will it add to a growing global oversupply of LNG for markets remote from easier natural gas supply? Will new buyers with marginal credit, smaller requirements, or great need for flexibility begin to look attractive to suppliers? How will high-cost, mega-projects in Australia respond to new construction cost trends?

register:WEBCAST


Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected