OMV has hired the jack-up rig ENSCO 107 to complete a planned multi-well drilling campaign at the Maari Field, offshore New Zealand.
According to Cue Energy, a company which owns a 5 per cent stake in the project, significant undeveloped reserves remain at Maari and Manaia and additional drilling and enhancement of the water injection system will provide for the extraction of these reserves and increase production rates.
The rig is expected to arrive on site in the offshore Taranaki Basin during the 4th quarter of 2013, with the exact start date of drilling operations dependent on when the rig is available following its prior assignment. The Maari programme is expected to last nine months with the option to extend. The multi-well programme at Maari will run in parallel to a drilling programme using the semi- submersible rig Kan Tan IV that was announced late last year. That programme includes a Manaia appraisal well and an exploration well on the Whio prospect in permit PEP 51313. OMV is operator of the project with 69 per cent stake.
Related:
Cue Energy: New Exploration Permit in Taranaki Basin (New Zealand)
OMV Acquires Interest in Offshore Licence in New Zealand
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Offshore Energy Today Staff, February 4, 2013