title: Maari oil field
text: # Maari oil field
  
  The Maari oilfield is an oil reservoir located 80 kilometres (50 mi) off the coast of South Taranaki, New Zealand. Maari is the second largest crude oil field in New Zealand with total reserves of 49 million barrels $(7.8×10^^6$ $m^3).$ Production of oil began in February 2009, and the field is expected to have a productive life of 10 to 15 years. The lead partner for the field is OMV New Zealand (69%), with other parties Horizon Oil (26%) and Cue Taranaki (5%).
  
  