The Kupe natural gas field is located in the
Tasman Sea
The Tasman Sea ( Māori: ''Te Tai-o-Rēhua'', ) is a marginal sea of the South Pacific Ocean, situated between Australia and New Zealand. It measures about across and about from north to south. The sea was named after the Dutch explorer ...
, 30 km off the coast of the town of
Manaia in
Taranaki
Taranaki is a region in the west of New Zealand's North Island. It is named after its main geographical feature, the stratovolcano of Mount Taranaki, also known as Mount Egmont.
The main centre is the city of New Plymouth. The New Plymouth D ...
,
New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island count ...
. The field was discovered in 1986 and is located in 35 metres of water.
The production facility comprises an unmanned offshore platform, a 30 km single three phase pipeline to shore and an onshore production station.
Total recoverable reserves are 437 PJ of gas and LPG and of oil and condensate.
Development project
Project development was led by Technip and the total project cost NZ$1.3b. The first export gas was produced in December 2009.
The project was officially opened by Prime Minister
John Key
Sir John Phillip Key (born 9 August 1961) is a New Zealand retired politician who served as the 38th Prime Minister of New Zealand from 2008 to 2016 and as Leader of the New Zealand National Party from 2006 to 2016. After resigning from bo ...
on 18 March 2010.
Production facility
The facility is owned by a joint venture comprising;
* Beach Energy (South Australia) (50%),
*
Genesis Energy (46%),
* New Zealand Oil and Gas (4%).
At its peak, the gas produced from the Kupe field is expected to meet 10 to 15 per cent of New Zealand's annual gas demand and 50 per cent of New Zealand's LPG demand.
The facility is maintained and operated by Origin.
See also
*
Energy in New Zealand
Despite abundant natural resources and a relatively small population, New Zealand is a net importer of energy, in the form of petroleum products. The ratio of non-renewable and renewable energy sources was fairly consistent from 1975 to 2008, w ...
*
Oil and gas industry in New Zealand
References
External links
Origin Energy - Exploration and Production
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South Taranaki District
Natural gas fields in New Zealand