Kupe Re-Contracting Opportunity
KEY OPPORTUNITIES
Improving commercial opportunities
• Taranaki, New Zealand
Significant future un-contracted gas in a healthy market
Kupe re-contracting opportunity October 2023
Legend
Permits
Gas
Oil
Gas Pipelines
Oil Pipelines
Kilometers
05 10
20
30
40
PML 38146 Kupe
PMP 38160 Maari
Cue Energy
Resources 5%
NZOG 4%
KUPE GAS AND CONDENSATE GAS FIELD
Acreage of 256km²
3 existing production wells
Dedicated production facilities extracting gas, LPG and condensate
Pipeline linked to domestic market
I
KUPE FIELD DEVELOPMENT PROGRAM
Gas sales from Kupe since the inlet compressor was brought online have been higher than forecast. This has accelerated
sales of gas, LPG and condensate in strong markets, resulting in an inability of the field to continually deliver to 77TJ/d.
Field performance continues to deliver strong volumes.
The operator is investigating further opportunities to accelerate sales including potential in-well work and drilling the
potential KS-9 infill well.
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12 emission reduction initiatives targeting a reduction of net 660t/year of CO2e emissions
2021
Compression project
Potential KS-9 infill well,
1.8PJ net 2P resources.
Final investment decision expected soon
2022
2023
2024
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