Maari Oil Field

Summary Information

• Operator: Jadestone Energy
• Country: New Zealand
• Location: 80 km off Taranaki’s south coast
• Production start: 2009
• Partners:
• Type: Oil
• Estimated Reserves:
• Production Volume:

+++ Description

• It is New Zealand’s largest oil field, located 80 km off Taranaki’s south coast
• The field utilises the Raroa FPSO
• The vessel is capable of processing 40,000 barrels of oil per day and with a storage capacity of up to 646,548 barrels of oil
• The initial phase of development had a total of eight wells, five production and three water injectors
• In 2013 a second phase involving new wells and upgrades of equipment was launched
• Satellites Maari M2A and Manaia Mangahewa have a single producing well each.

+++ Contractors

• **Jurong Shipyard:** FPSO conversion
• **Kencana:** Well Head Platform
• **DOF Subsea:** Subsea installation services
• **JDR Cable Systems:** Supply of Umbilical

+++ History

• 2009 - First oil produced
• 2013 - DOF Subsea awarded installation services
• 2013 - Field temporarily closed for redevelopment
• 2019 - Jadestone acquired 69% stake from OMV

+++ Geology

+++ Links

1. International Protective Coatings Fixed Platform References
2. OMV announces first oil flows from Maari field
3. Horizon Oil (Hzn) Issues Reserves Update For Pmp 38160 (Maari And Manaia Fields), Offshore New Zealand
4. JDR Cable Systems Awarded Umbilical Project In SE Asia
5. Awarded subsea installation contract in Asia Pacific by OMW
6. Horizon Oil (HZN) Advises Major Upgrade At Maari Field Underway
7. OMV agrees to divest its stake in the Maari Field, New Zealand