AWE Prepares to Install Subsea Wellhead on Pateke Well

AWE Limited reports that as at 06:00 hours (6.00am NZDT) today, the Pateke-4H development well was at a measured depth of 1,507 metres and 13 3/8 inch casing had been run to the planned depth of 1,504 metres. Preparations are being made to cement the casing and prepare for the installation of the subsea wellhead.

The Pateke-4H development well is in PMP 38158 and AWE is the Operator. 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% and Pan Pacific Petroleum (via subsidiaries) 15.0%.

Press Release, February 18, 2014; Image: AWE