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Production tree in place at Kupe South 7 well

Offshore staff

AUKLAND, New Zealand -- The 5-1/2 in. (14 cm) production tubing and down-hole monitoring equipment have been placed into Kupe South 7 Sidetrack 1 (KS-7 ST1) offshore Taranaki basin in New Zealand, and the production tree installed. The rig has moved from KS-7 ST1 to Kupe South 6 (KS-6) and the clean-out assembly for the 5-in. (13-cm) liner has been deployed as part of the ongoing completion program, operator Origin Energy says

Following an inflow test, the well will be displaced to completion fluid and a cement bond evaluation log conducted prior to running the production tubing and downhole monitoring equipment.

The Kupe drilling campaign is being undertaken on a "batch-drilling" basis. This process involves completing the same section of each of the three wells before proceeding to the subsequent section.

Participants in the Kupe Gas Project are Origin Energy, 50%; wholly owned subsidiaries of Genesis Energy, 31%; New Zealand Oil & Gas Ltd. subsidiaries, 15%; and Mitsui E&P Australia Pty Ltd., 4%.

05/01/2008

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