OMV-led group brings Maari field redevelopment well on stream

March 25, 2015 + + + OMV Group’s latest redevelopment well drilled in Maari oil field on permit PMP 38160 offshore New Zealand’s Taranaki basin has been brought on stream at a rate of 7,800 b/d.

The well is producing from the Mangahewa formation in a previously untapped location and is expected to potentially exceed predrill expectations. It will add to the field’s production along with other redevelopment wells being drilled in the field (OGJ Online, Dec. 1, 2014).
Maari now produces about 14,000 b/d, but the company says an optimal rate will be determined following several weeks of production and take into consideration reservoir management matters.

OMV says there are underdeveloped reserves at Maari and nearby Manaia that will be considered for future production by the joint venture.

OMV operates the field with 69%. Other partners include Todd Maari 16%, Horizon Oil 10% and Cue Energy 5%.

Source: OMV
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