Royal Dutch Shell Plc  .com Rotating Header Image

Bloomberg: Shell Gets Offshore Gas From N.Z.’s Pohokura Field (Update1)

By Gavin Evans

March 21 (Bloomberg) — Royal Dutch Shell Plc and its partners in New Zealand’s NZ$1 billion ($710 million) Pohokura gas project have produced the first fuel from the field’s offshore production facility.

Gas and light oil is flowing from the first of six wells the venture will drill off the Taranaki coast during the coming year, Shell Exploration New Zealand Ltd. said in a statement e-mailed to Bloomberg today.

Pohokura, owned by Shell, OMV AG, and Wellington-based Todd Energy Ltd., is the country’s second-largest gas field. Output started last year from three onshore wells the venture completed in September.

Full production has been delayed after storms and difficulties anchoring the offshore platform slowed progress. The venture originally planned to complete three of the offshore wells last year.

The partners should know by year-end the scope for further gas sales from the field, Shell Todd Oil Services Ltd. Chairman Gaurdie Banister said last month.

To contact the reporter on this story: Gavin Evans in Wellington, New Zealand at [email protected]

Last Updated: March 21, 2007 01:14 EDT

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

0 Comments on “Bloomberg: Shell Gets Offshore Gas From N.Z.’s Pohokura Field (Update1)”

Leave a Comment

%d bloggers like this: