Australian independent Beach Energy is looking at a range of offshore drilling options at its recently-acquired Kupe gas and condensate field in New Zealand, writes Russell Searancke.
Kupe, one of the best producing assets in New Zealand, was inherited by Beach as part of its acquisition of Origin Energy’s subsidiary Lattice Energy.
In 2017, the field produced 3.1 million barrels of oil equivalent net to Beach, which equates to 6.2