Todd Energy is a leading energy explorer and producer focused on meeting New Zealand’s energy demands well into the future.
Todd moved into hyrdocarbon exploration and production in 1954 when it was granted 75 exploration licenses covering 7000 square miles. The following year saw the commencement of a joint venture agreement (JV) with Shell and BP, simply named Shell BP Todd. In 1959 the JV struck natural gas with its first well at Kapuni, in South Taranaki. Since then Todd Energy has been involved in a number of JVs and the drilling of more than 130 wells. Today, Todd Energy holds interests in producing fields that account for approximately 75% of New Zealand's annual hydrocarbon production and is one of the country's leading energy producers.
In 2002 Todd Energy purchased 100% of the McKee and Mangahewa fields and in 2006 took over operations at the McKee Production Station, marking the company’s first move into sole operations. The McKee production station processes natural gas and condensate from the McKee and Mangahewa fields.
In August 2017 Todd Energy acquired Shell’s 50% of the Kapuni asset, making the company 100% owner/operator of the Kapuni field. Todd Energy’s focus is the ongoing development of the McKee, Mangahewa and Kapuni fields, securing future natural gas supply for New Zealand