I hope our final community update for 2020 finds you and your families safe and well. It is certainly a busy time for the team at Todd Energy as we approach the end of the year.
In North Taranaki, the abandonment of two McKee wells continues to make good progress. Todd has contracted the Webster ‘NOVA-1’ drilling rig to undertake this abandonment work which is scheduled for completion before the end of December.
Some of our neighbours may have noticed Todd’s ‘Big Ben’ drilling rig is now erected at the Mangahewa G wellsite. The rig has been undergoing scheduled maintenance over the last few months and is now ready to drill two new wells at the site, commencing in early 2021. This drilling is expected to continue through to April 2021, with well stimulation and testing activities scheduled to continue through to the first half of 2021.
Todd’s rig camp, operated by Nga Ringawera Otaraua, is being utilised to support both the abandonment and drilling operations, and we are proud to support this local business which provides employment opportunities for the local community and hapū members.
It was fantastic to see many of you at the recent Kapuni J wellsite open evening. I want to acknowledge the ongoing support of our neighbours and the wider community as we work to establish this new site – thank you all for your patience while works have progressed. The final stage of facilities construction is scheduled
for completion in mid-2021, with seven prefabricated skids still to be delivered to site. The drilling of four wells at the site is scheduled to commence sometime after September 2021, continuing into 2022.
To prepare for the additional natural gas expected from these new wells, Todd is upgrading and undertaking maintenance on facilities at the Kapuni Production Station (KPS) and Kapuni Gas Treatment Plant (KGTP). You may have noticed additional vehicles at these sites, which we are expecting to continue into mid-2021. To better manage these vehicles we are constructing a new carpark near the redundant KPS load out facility, with construction expected to be completed in early December.
Finally, some of you may be aware that I recently announced my retirement from the role of Todd’s Chief Executive. This is a decision I have been working toward for some time now, and one that reflects the natural progression of my career to date.
I am pleased to announce that Mark Macfarlane has been appointed my successor, and it is planned that he will be in Taranaki from early January 2021 for a 2-month handover. Mark comes to Todd with extensive technical and leadership experience in the industry, having held roles with Exxon Australia, Santos and Tullow
Oil, and he will be an excellent addition to the Todd Energy team as we progress the development of our Mangahewa and Kapuni fields.
With that, I would like to wish you all a safe, restful, and restorative holiday season. As always, if you have any questions or concerns about our activities, please
contact the community team on 0800 001 007.