Todd Energy is New Zealand’s largest domestically-owned petroleum exploration and production company and as a major producer, we are adding to New Zealand’s impressive growth in domestic oil and natural gas production.
In conjunction with various joint venture partners, Todd Energy has ownership of a number of facilities that are responsible for over 75% of New Zealand’s hydrocarbon energy production. We currently employ over 200 people in the ‘Upstream’ business. Our interests include major oil and natural gas fields currently operating in New Zealand – McKee, Mangahewa, Maui, Kapuni, and Pohokura.
Our mission is to find and produce hydrocarbons using superior capabilities and industry knowledge and to maintain our reputation as one of New Zealand’s premier operators through our commitment to value creation, creativity and excellence.
In addition to taking on production operations for the first time in 2006 at McKee and Mangahewa, Todd Energy is committed to expanding its resource and reserve base and developing new exploration and production business opportunities through the active acquisition of seismic data, drilling and the development of our entire portfolio.
The Pohokura Field is located in the Taranaki Basin immediately offshore from Motunui (Waitara) in permit 38154.
The Field was first discovered in February 2000 with the drilling (by Fletcher Challenge Energy) of Pohokura-01 well 4.6 kilometres offshore in 30 metres of water. This well was followed by Pohokura-02 in May/June 2000. Analysis of tests from both wells confirmed the presence of hydrocarbons in commercial quantities.
These first two wells were later followed by Pohokura-03 and Pohokura South-01B to further appraise the field and improve the subsurface understanding.
In 2001 Fletcher Challenge Energy’s assets were acquired by Shell Petroleum Mining. The Field is owned and operated by a joint venture partnership comprising Shell Exploration NZ (48%); OMV New Zealand Ltd (26%); and Todd Pohokura Ltd (26%).
First commercial natural gas flowed in August 2006 from 3 onshore extended reach drilling (ERD) wells in the southern part of the field. In March 2007 gas and condensate flowed from the first of offshore wells. 5 wells produce from the offshore PPB platform which produces to shore via a 9km subsea pipeline. Both the offshore platform and onshore production plant are unmanned, controlled via a control room in New Plymouth which is manned 24 hours a day, 7 days a week.
The finished product is delivered to the market from the production station by way of two sets of pipelines owned by Todd Energy and Shell/OMV for both gas and condensate.
A natural gas re-injection (GRI) project was completed in 2012 and become operational later that year. This project accelerated condensate production and improved the gas and condensate ultimate recoveries. In early 2013 a single stage gas re-injection compressor was commissioned with a capacity of 55 TJ/d.