Tuatara yields gas traces
Roc Oil (Tasman) says intermittent gas shows have come to light during drilling of the Tuatara-1 exploration well offshore New Zealand.
Offshore staff
SYDNEY, New South Wales -- Roc Oil (Tasman) says intermittent gas shows have come to light during drilling of the Tuatara-1 exploration well offshore New Zealand.
The shows were encountered over the drilled interval between 780 and 900 m (2,559-2,952 ft). Wireline logs will assess their potential after drilling to total depth.
Tuatara-1, in the PEP38524 permit offshore Taranaki, is targeting around 80 MMbbl of recoverable oil in a typical Taranaki basin trap similar to the Maari oil field, 80 km (49.7 mi) to the northwest.
The well is being drilled by operator AWE in 50 m (164 ft) of water, 15 km (9.3 mi) offshore the northern edge of the South Island. Planned TD is 2,025 m (6,644 ft).
08/11/2010
