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Thursday, 21 August, 2008, 20:50 GMT | more prices >>

Maui partners win new block



By Upstream staff 

The Shell-led partners in New Zealand's flagship Maui field have been awarded a new exploration block along the border of the Maui field.

The Maui field is owned by Shell (83.75%), OMV (10%) and Todd Energy (6.25%) and is operated by Shell Todd Oil Services (STOS), a 50-50 joint venture between Shell and Todd.

STOS said today it had been awarded Block PEP 381203 - a 214 square kilometre area along the south-east border of the current Maui petroleum mining licence.

"The joint venture has started re-processing 3D seismic data covering the original Maui PML and part of the new area. This will identify any prospects that could be commercially developed using the existing Maui infrastructure," said STOS.


Tuesday, 21 August, 2007, 06:02 GMT  | last updated: Tuesday, 21 August, 2007, 08:22 GMT

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