The major hurdle of reaching 4 mmbls has been achieved at Tui for this financial year according to latest production figures.
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Oil Production Performance to date for FY2010
1 July 09 - 18 April 10: Approximately 4.06 million barrels.
NZOG's share approximately 510,000 barrels.
The current daily production target is around 12,000 barrels of oil.
Tui production began on 30 July 2007. Total oil production to 18 April 2010 is approximately 27.41 million barrels. NZOG's share of total production is 3.43 million barrels.
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So we now have some 2 months and 2 weeks ....or some 10.5 weeks to see how much more can be added by June 30th.
If I remember correctly the downward revised figure for this financial year is about 4.8 million barrels of oil.
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4 million hurdle overcome at tui
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