New Zealand well exceeds 1,100 b/d of light oil

By OGJ editors

TAG Oil Ltd., Vancouver, BC, said its Cheal-B7 well in New Zealand has tested at an average rate of more than 1,100 b/d of light oil plus associated gas without treatment.

The well cut a combined 18 m of high-quality oil and gas bearing sands in the targeted Urenui and Mount Messenger formations northeast and updip of the company’s Cheal-B5 well. Total depth is 2,100 m.

Cheal-B7 is in the company’s 100%-owned Cheal oil and gas field in PMP 38156 in the Taranaki basin.

TAG Oil noted that including the B7 well the company’s production totals more than 4,000 b/d of oil equivalent, 70% light oil, and that it has another 3,500 boe/d of production behind pipe awaiting expansion of facilities. The figures exclude contributions from the Cheal-B6, A9, and A10 wells that are being production tested.

The Cheal-B6 well cut 14 m of oil and gas bearing sands in the Urenui and Mount Messenger. Cheal-A9 and A10 wells encountered 10.5 m and 13 m of net pay, respectively, in Urenui.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...