Report

PEP 38602 - Karewa Gas Accumulation 2019 Feasibility Study

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This report discusses the feasibility of producing hydrocarbons from PEP38602 (Karewa), offshore Taranaki Basin. Seismic mapping in 2015 identified a possible extension to the Karewa field called Karewa East, separated from the main accumulation by a major listric fault. This sparked a geological re-evaluation of the permit (which was previously thought to be not commercially viable), including geochemical and basin modelling studies, digital rock analysis, seismic reprocessing, AVO modelling, and petrophysics. These studies indicate that Karewa East is a separate accumulation. The increased volume assessment and increase in gas price may allow for future commercialisation of the discovery.

Report ID pr5653
Class Petroleum
Type Geological
Permit 38602
Operator Todd Exploration Management Services
Commodity Petroleum
Region Taranaki Basin
Start Date 31 January 2019
End Date 31 January 2019
Report extents in GeoJSON
Author
  • Aaron Johnston
  • Son Nguyen
  • Matthew Kuriger
  • Paul Sedgwick
  • Adam Fleming
Data Format
  • PDF