The Maari oilfield is an oil reservoir located 80 kilometres (50 mi) off the coast of South Taranaki, New Zealand. Maari is the second largest crude oil field in New Zealand with total reserves of 49 million barrels (7.8×10^6 m3).[1] Production of oil began in February 2009, and the field is expected to have a productive life of 10 to 15 years. The lead partner for the field is OMV New Zealand (69%), with other parties Horizon Oil (26%) and Cue Taranaki (5%).[2]

Maari oilfield
CountryNew Zealand
LocationSouth Taranaki
Offshore/onshoreoffshore
OperatorOMV
PartnersOMV (69%), Horizon Oil (26%), Cue Taranaki (5%)
Field history
Start of production2009
Production
Estimated oil in place49 million barrels (~6.7×10^6 t)

See also

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References

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  1. ^ Energy in New Zealand 2015. MBIE. August 2015. ISSN 2324-5913. Archived from the original on 2016-02-15. Retrieved 2016-06-02.
  2. ^ Deuchrass, Andrea (21 December 2009). "Largest oil field goes into full production mode". National Business Review. Retrieved 2010-06-04.

39°59′27.42″S 173°24′30.91″E / 39.9909500°S 173.4085861°E / -39.9909500; 173.4085861