The Maari and Manaia fields are located in PMP 38160, approximately 80 km offshore Taranaki, New Zealand.
Production commenced in February 2009 from 3 producing reservoirs to a single wellhead platform adjacent to the Maari field, before connecting to the Floating Production Storage and Offloading (FPSO) vessel, moored approximately 1.5 km from the wellhead platform.
Cue’s net share of oil sales in the half-year (31 December 2016) from the Maari and Manaia fields was 85,055 bbls which generated $5.37 million in revenue received.
The average oil production rate was approximately 8,118 gross bopd (Cue net: 406 bopd).
Maari field production was shut-in as a precautionary measure on the 24 November 2016 when a crack was found in one of the platform’s horizontal struts during a scheduled inspection.
During the shut-in clamps were installed as an intermediate repair solution to allow the field to continue while a permanent solution is selected. A permanent repair will likely be completed by mid 2017. Scheduled maintenance work was also conducted during the shut in period, including the repair of the water injection flowline.
Production from the Maari field resumed on the 12 January 2017 at a gross rate of 9,500 bopd.