Taranaki Basin Test Hits Gas In Secondary Target
Drilling Activity Details
Locations
New Zealand
Operators
Post Date
Shore Type
Well Name
#1-Kohatukai
Geo Coordinate
Drilling Activity Summary
Description
New Zealand Oil & Gas announced results from exploration well #1-Kohatukai in New Zealand’s Taranaki Basin in the PEP55768 permit area. According to the operator, it hit gas in its secondary target Eocene Matapo Sandstone at 3,602 ft. The well has a secondary objective in Mangahewa Sands, where elevated mud gas readings were reported. The rig is drilling ahead to the planned total depth and wireline formation evaluation will begin, with a possible downhole reservoir fluid sampling program. PEP 55768 is operated by Mitsui with 50% interested in partnership with Auckland-based New Zealand Oil & Gas, holding 25%, and OG Oil and Gas Ltd. with 25%.
Description
New Zealand Oil & Gas announced results from exploration well #1-Kohatukai in New Zealand’s Taranaki Basin in the PEP55768 permit area. According to the operator, it hit gas in its secondary target Eocene Matapo Sandstone at 3,602 ft. The well has a secondary objective in Mangahewa Sands, where elevated mud gas readings were reported. The rig is drilling ahead to the planned total depth and wireline formation evaluation will begin, with a possible downhole reservoir fluid sampling program. PEP 55768 is operated by Mitsui with 50% interested in partnership with Auckland-based New Zealand Oil & Gas, holding 25%, and OG Oil and Gas Ltd. with 25%.