AWE has started drilling operation at its first of two wells in PMP 38158, located in the offshore Taranaki Basin, New Zealand.
The Pateke-4H development well started drilling at 10.45 hours (10.45am NZDT) on Sunday, 9 February 2014. As at 06:00 hours (6.00am NZDT) today, operations had drilled a 36” hole to a depth of 234 metres and preparations are being made to run and cement a 30” conductor. The well is being drilled with the Kan Tan IV semi-submersible drilling rig.
Located in the offshore Taranaki Basin, New Zealand, PMP 38158 contains the Tui, Amokura and Pateke fields and has been producing since 2007.
Pateke-4H is targeting a mapped northern extension of the currently producing Pateke field. The well is being drilled in water depth of approximately 124m with a planned total measured depth of 5,361m, including a 1,272m horizontal section. If successful, the well will be completed for subsequent tie-back to the Tui FPSO (“Umuroa”) for production in 2015.
The Joint Venture partners in PMP 38158 are:
AWE Limited (via subsidiaries) (Operator) 57.5% New Zealand Oil & Gas (via subsidiaries) 27.5% Pan Pacific Petroleum (via subsidiaries) 15.0%