New gas well raises the spirit of Shane Jones

Pohokura's onshore/offshore operation ekes out more gas. (Image: NZME)

Wed, 12 Mar 2025

The opening of a new production well in the Pohokura gas field has been heralded by Resources Minister Shane Jones as showing the potential for squeezing more out of New Zealand’s declining reserves.Jones visited the Pohokura Production Station in Taranaki on Wednesday to see the new gas well turned on.The Pohokura Onshore Well Number 5 (POW-05) is anticipated to deliver about four petajoules (PJ) of gas per annum through a joint venture between operator OMV (74%) and Todd Energy (265).The NZ gas sector used to deliver about 180PJ but has...

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