Personally I am happy to go with the flow so talking to me might end up with me finding out from the horses mouth their intentions.
For instance Barque is only mentioned in passing but a lot has happened which I was unaware about
eg google offshore technologies barque-
an excerpt-SHARE
PROJECT TYPE
Offshore oil and gas field
LOCATION
Canterbury, New Zealand
ANTICIPATED START OF PRODUCTION
2025
RESOURCES
5tcf of gas and light oilExpand
Barque is an undrilled offshore oil and gas prospect located in the Clipper permit (PEP 52717) within the Canterbury Basin, approximately 60km east of Oamaru, offshore New Zealand.
New Zealand Oil & Gas (NZOG) is the operator, holding a 50% stake in the Clipper permit, while Beach Energy holds the remaining interest.
The joint venture completed an economic impact study (EIS) for the prospect in 2017, with co-funding from the New Zealand Trade & Enterprise. The EIS predicted that the Barque prospect has a resource base of more than five trillion cubic feet (tcf) of gas and light oil.
NZOG is currently in discussions with potential farm-in partners for the development of the field. The Energy and Resources Minister of New Zealand has allowed the JV to determine a well commitment for the prospect by April 2022, from an earlier deadline of April 2019.
Barque prospect location and geology
The Barque prospect is located in 800m of water, approximately 60km from the Galleon-1 well, which was drilled in 1985. The Clipper permit extends over an area of 2,601km².
The prospect is identified as a large cretaceous structural trap of approximately 150km², with target formations located between 2,500m and 3,000m below mean sea level.
Appraisal and development plans for the Barque prospect
The joint venture of NZOG and Beach completed reprocessing of 1,250km of vintage 2D seismic data in 2013 and acquired approximately 650km² of high-quality 3D seismic data.
The seismic data identified three target reservoirs in the prospect, namely Barque Fm (primary), Herbert Sandstone and Intra Paleogene 3.
Two scenarios have been identified for the development of the field, offshore and gas-to-shore. The development plans will be finalised upon drilling the discovery well.
Barque prospect’s offshore development scenario
The offshore scenario calls for the extraction of fluids through ten production wells, as well as processing on an offshore vessel for direct export to markets. Condensate from the fluids will be separated, while the gas is proposed to be re-injected into the reservoir.
Offshore operations, expected to be started in 2025, would extract approximately 460 million metric barrels of oil (Mmbo) through the field’s life of 35 years. Onshore activities are limited to servicing and maintenance under the scenario, which also proposes to extract the recycled gas in future