Discovery Well In Taranaki Basin Produces 7 MMcf/d Of Gas
Drilling Activity Details
Geo Coordinate
Drilling Activity Summary
Description
Preliminary test results were announced by TAG Oil Ltd. from the #1-Supplejack discovery well. The venture is in Block PEP57065 in the onshore Taranaki Basin on New Zealand's North Island. During a production test, the well flowed 7 MMcf per day and was constrained by surface facilities. Wellhead pressures during the test were sustained at more than 1,000 psi. The well was originally drilled in 2005 and was completed in an oil-bearing zone but was shut in after failing to produce commercial quantities – analysis of well logs identified a gas pay zone in an upper formation. Additional well testing is planned by the Vancouver-based company.
Description
Preliminary test results were announced by TAG Oil Ltd. from the #1-Supplejack discovery well. The venture is in Block PEP57065 in the onshore Taranaki Basin on New Zealand's North Island. During a production test, the well flowed 7 MMcf per day and was constrained by surface facilities. Wellhead pressures during the test were sustained at more than 1,000 psi. The well was originally drilled in 2005 and was completed in an oil-bearing zone but was shut in after failing to produce commercial quantities – analysis of well logs identified a gas pay zone in an upper formation. Additional well testing is planned by the Vancouver-based company.