Tui, Amokura and Pateke Reserves


Description

Three oil fields - Tui, Amokura and Pateke reserves located in the offshore Taranaki basin, New Zealand - are being developed in phases under the Tui Area Oil Project. Work on the US$274m project began in the fourth quarter of 2005 and first oil was produced in July 2007.



Key Facts

Current oil output per day
120,000 Barrels

Year Discovered
2003

Year Production Started
2007

Well Status
Active

Location
Off shore

Country
New Zealand

Region
Australasia


Partners

Mitsui & Company35.00%
New Zealand Oil & Gas12.50%
Pan Pacific Petroleum10.00%
AWE Limited42.50%

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