Story: Oil and gas

Pohokura jack-up rig

Pohokura jack-up rig

Pohokura, a gas field off the north-west Taranaki coast, had two appraisal wells drilled in 2000 by this jack-up rig. Results were encouraging. Initial production is expected to be 50 petajoules of gas and 3 million barrels of condensate per annum, commencing in late 2006. At 1 January 2005, estimated reserves included 700 billion cubic feet of gas and 43 million barrels of condensate, making Pohokura New Zealand’s third-largest gas discovery, after the Māui and Kāpuni fields.

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New Zealand Petroleum & Minerals, Ministry for Economic Development
Photograph by John Crawford

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How to cite this page:

Roger Gregg and Carl Walrond, 'Oil and gas - The amount of oil and gas found', Te Ara - the Encyclopedia of New Zealand, (accessed 25 July 2024)

Story by Roger Gregg and Carl Walrond, published 12 Jun 2006