New Zealand Oil & Gas Company News

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NZOG Submits Application to Exit Kaheru PEP 52181
New Zealand Oil & Gas submits an application to exit the Kaheru PEP 52181 permit offshore South Taranaki.
8:00 PM EST | March 22, 2016
New Zealand Pushes Ahead to Grow Upstream Sector, Reap Economic Gains
New Zealand continues with plans to boost its upstream petroleum sector as it is a potentially important contributor to the local economy.
8:00 PM EST | August 27, 2014
Australia's AWE, PPP, NZOG To Drill 2nd Oil Well Off NZ Coast
AWE Limited, Pan Pacific Petroleum and New Zealand Oil and Gas will drill a $40M exploration well off the coast of New Zealand after they were unable to case a first well drilled at the site.
8:00 PM EST | June 09, 2014
Drilling Continues at Matuku-1 Well in Taranaki Basin in PEP 51906
New Zealand Oil & Gas discloses that Kan Tan IV semisub continues to drill the Matuku-1 well in Petroleum Exploration Permit 51906 offshore Taranaki Basin, New Zealand.
7:00 PM EST | December 29, 2013
NZOG Acquires Interest in Palmerah Baru PSC in South Sumatra
New Zealand Oil & Gas acquires interest to explore the onshore Palmerah Baru Production Sharing Contract in south Sumatra, Indonesia.
7:00 PM EST | December 23, 2013
Kan Tan IV Continues Drilling at Matuku-1 Well in PEP 51906 off New Zealand
New Zealand Oil & Gas reveals that semisub Kan Tan IV continues drilling at Matuku-1 well in Petroleum Exploration Permit 51906 offshore Taranaki Basin, New Zealand.
7:00 PM EST | December 10, 2013
NZOG Acquires 3 New Permits in NZ Government's 2013 Block Offer
New Zealand Oil & Gas acquires three new permits in the New Zealand Government's 2013 Block Offer.
7:00 PM EST | December 08, 2013
Drilling Underway at Matuku-1 Well in PEP 51906 in Taranaki Basin
New Zealand Oil & Gas reveals that drilling is underway at the Matuku-1 well in Petroleum Exploration Permit 51906 offshore Taranaki Basin, New Zealand.
7:00 PM EST | December 02, 2013
Testing Completed at Parit Minyak-3 Exploration Well in Kisaran PSC
New Zealand Oil & Gas announces that testing has been completed at Parit Minyak-3 exploration well in Kisaran Production Sharing Contract onshore Sumatra, Indonesia.
8:00 PM EST | October 20, 2013
AWE, NZOG, PPP to Acquire Mitsui 35% Stake in Tui Area Oil Project
AWE announces that remaining partners in Tui Area Oil Project off the Taranaki Basin in New Zealand will raise their stakes after Mitsui's decision to divest its 35 percent interest in the development.
8:00 PM EST | October 02, 2013
NZOG Updates on Drilling at Parit Minyak-3 Well in Kisaran PSC
New Zealand Oil & Gas updates on drilling at Parit Minyak-3 well in the Kisaran Production Sharing Contract in onshore Sumatra, Indonesia.
8:00 PM EST | September 29, 2013
Drilling Continues at Parit Minyak-3 Well in Kisaran PSC
New Zealand Oil and Gas reports that drilling continues at the Parit Minyak-3 well in the Kisaran Production Sharing Contract in Sumatra, Indonesia.
8:00 PM EST | September 15, 2013
NZOG Seeks Partners for 4 Exploration Permits in Taranaki Basin
New Zealand Oil & Gas seeks partners for four petroleum exploration permits in the offshore Taranaki basin of New Zealand.
8:00 PM EST | September 15, 2013
NZOG Provides Drilling Update at Parit Minyak-3 Well in Sumatra
New Zealand Oil & Gas provides a drilling update at Parit Minyak-3 well in the Kisaran Production Sharing Contract, Sumatra, Indonesia.
8:00 PM EST | September 08, 2013
Drilling Continues at Parit Minyak-3 Well in Kisaran PSC
New Zealand Oil & Gas reports continued drilling at the Parit Minyak-3 (PM-3) well in the Kisaran Production Sharing Contract in Sumatra, Indonesia.
8:00 PM EST | August 26, 2013
Drilling Underway at Parit Minyak-3 Well in Kisaran PSC
New Zealand Oil & Gas announces that drilling has commenced at the Parit Minyak-3 well in the Kisaran Production Sharing Contract in Sumatra, Indonesia.
8:00 PM EST | August 12, 2013
Drilling Commences at Parit Minyak-3 Well in Sumatra
New Zealand Oil & Gas reports that drilling has commenced at the onshore Parit Minyak-3 well in Sumatra, Indonesia.
8:00 PM EST | August 04, 2013
NZOG Relinquishes PEP 51311 in Taranaki Basin
New Zealand Oil & Gas relinquishes PEP 51311 in the Taranaki Basin, off New Zealand.
8:00 PM EST | July 24, 2013
Pacific Oil & Gas Finds Oil in Kisaran PSC
Pacific Oil & Gas finds oil at the Parit Minyak-2 exploration well in the Kisaran Production Sharing in North Sumatra, Indonesia.
8:00 PM EST | July 11, 2013
Drilling at Parit Minyak-3 Well Expected Soon
New Zealand Oil & Gas indicates that drilling of Parit Minyak-3 will commence before the end of July.
8:00 PM EST | July 01, 2013
NZOG Says Cosmos Estimate Up by 40%
New Zealand Oil & Gas reports that the Cosmos development, offshore Tunisia, now contains 2P estimated reserves of 8.8 million barrels.
7:00 PM EST | November 04, 2012
NZOG to Buy Stake in Kaheru Permit
New Zealand Oil & Gas signs a conditional agreement to purchase a 15 percent stake in the Kaheru permit (Petroleum Exploration Permit 52181) off the south Taranaki coast.
8:00 PM EST | March 15, 2012
AWE Updates 2P Reserves at Tui Area Oil Fields
AWE has advised that preliminary work completed on the Tui Area Oil Fields indicates that the gross initial developed 2P reserves recoverable from the existing four well development of the fields will be reduced from the previously reported.
8:00 PM EST | July 24, 2011
NZOG CEO to Resign
NZOG (New Zealand Oil & Gas Ltd) advised that Chief Executive and Managing Director David Salisbury has given six months notice of his resignation.
8:00 PM EST | June 30, 2011
NZOG Granted Permit in Gulf of Gabes
NZOG has been granted a permit in the Mediterranean's Gulf of Gabes, an established oil and gas producing region off the coast of Tunisia.
8:00 PM EST | June 14, 2011
AWE Drills Ahead at Tui Field
NZOG advised that at 0600 hours July 1 (NZ time) the Kahu-1 well was drilling ahead at a measured depth of 1,350 meters.
8:00 PM EST | June 30, 2010
AWE Spuds Well in Tui Field
NZOG advised that drilling of the Kahu-1 exploration well has started.
8:00 PM EST | June 27, 2010
Drilling at Hoki-1 Further Delayed by Rig Repair
AWE has reported a further delay to the drilling of the Hoki-1 exploration well, offshore New Zealand, by the Kan Tan IV drilling rig.
8:00 PM EST | March 18, 2010
NZ's Kupe Gas Project Now Fully Operational
Kupe is now fully operational and is one of New Zealand's most important new infrastructure developments, helping to secure the country's gas supply needs.
8:00 PM EST | March 17, 2010
NZOG Reels in Taranaki Basin Permit
NZOG has won a new exploration permit offshore New Zealand covering a 1,138 square kilometer area in the northern Taranaki Basin.
7:00 PM EST | January 19, 2010
NZ's Tui Field Pumps 25 Million Barrels of Oil
The Tui oil field has produced its 25 millionth barrel of oil or half of its estimated 50 million barrel original reserves in little more than two years of operation.
7:00 PM EST | December 06, 2009
Origin Turns on Taps at Kupe Gas Project Off NZ
Commissioning of the Kupe facilities has commenced with the wells being opened and the first gas and liquids being piped ashore New Zealand.
7:00 PM EST | December 03, 2009
NZOG Builds Up Strong In-House Exploration Team
New Zealand Oil & Gas, which expects to spend at least $30 million in offshore drilling over the summer, has built up a strong in-house exploration team, chief executive David Salisbury told the company's annual meeting.
7:00 PM EST | November 24, 2009
Ensco 107 Ready to Spin Bit at Albacore Prospect Off NZ
The joint venture for the Albacore permit (PEP 38491) has taken assignment of the drilling rig ENSCO-107, which will be used to drill the Albacore-1 exploration well.
7:00 PM EST | November 23, 2009
NZ Crown Minerals Reviews Kupe Project's Next Phase
Construction has been completed for the Kupe gas condensate project's onshore production station in south Taranaki and commissioning of the system is now beginning using pipeline gas.
7:00 PM EST | November 03, 2009
Westech, NZOG Gear Up to Drill Offshore Albacore Prospect
Westech Energy expects to begin drilling its Albacore-1 offshore north Taranaki well in November with New Zealand Oil & Gas as a 40% partner.
8:00 PM EST | October 27, 2009
Origin Eyes Kupe Start Up in Fourth Quarter
Origin expects to bring the first raw gas from the Kupe field, offshore New Zealand, in the fourth quarter of this year.
8:00 PM EST | June 11, 2009
AuDAX Snaps Up Kairiki's Interest in Sicily Channel Permits
Kairiki Energy has entered into agreements to sell its 30% interest in each of the Sicily Channel exploration permits, Pantelleria and Kerkouane, to AuDAX.
8:00 PM EST | March 30, 2009
AWE Secures Rig, Sets Sights on 5 Tui Prospects
AWE has secured the services of the Kan Tan IV semisub for drilling operations on the Tui oil project offshore New Zealand.
7:00 PM EST | February 08, 2009
NZOG Nabs New Offshore Taranaki Permit South of Kupe
NZOG has been awarded a new exploration permit which lies to the west and south of the Kupe development in offshore Taranaki.
7:00 PM EST | January 27, 2009
Tui Oil Field Partners Prepare Exploration Drilling Campaign
NZOG has confirmed that a 2009 drilling campaign within the offshore Tui permit in Taranaki will commence shortly with the use of the Kan Tan IV rig.
7:00 PM EST | January 20, 2009
NZ's Tui Oil Production Hits 20 Million Barrels
The Tui area oil field in New Zealand's offshore Taranaki basin reached another significant milestone with the production of the 20 millionth barrel of Tui oil.
7:00 PM EST | January 08, 2009
Tui Oilfield Partners Look to Expand FPSO Fluid Handling Capacity
The Tui oil field partners are looking at greatly expanding the fluid handling capacity of the production vessel moored on the field.
7:00 PM EST | November 30, 2008
Kupe Gas Project over 85% Complete, Focus Now Onshore
The Kupe gas condensate project in south Taranaki is now over 85% complete with focus on completion of the onshore production facilities and finalization of commercial arrangements.
7:00 PM EST | November 30, 2008
Origin P&A New Zealand's Momoho 1
Origin Energy advised that on July 23, plug and abandonment operations were completed on Momoho 1, which was drilled by the jackup ENSCO 107.
8:00 PM EST | July 23, 2008
Tui Oil Reserves Reach 50MM Barrels
The latest 50.1 million barrels reserves figures are almost double Tui's original pre-drill reserves estimates of 26.8 million barrels.
8:00 PM EST | July 09, 2008
New Zealand Oil & Gas Hopeful as Drilling Continues at Mohomo-1
New Zealand Oil & Gas Ltd announced that the exploration well Momoho-1 had reached a depth of 2898m and the drill crew was preparing to pull out of hole prior to running 9 5/8 inch casing.
8:00 PM EST | July 06, 2008
Kupe JV Completes Offshore Facilities, Awaits Onshore Completion
The offshore well head platform, three production wells and pipeline to shore are now ready for production and await completion of the onshore production station next year before starting to flow gas and hydrocarbon liquids from the Kupe field.
8:00 PM EST | June 12, 2008
Weather Holds Up Ensco 107 Move, NZOG Expects to Spud Momoho Soon
NZOG reports that the Ensco 107 has been prevented from moving to the Momoho well site because of inclement weather, but the jackup is expected to spud the well on June 15.
8:00 PM EST | June 11, 2008
NZOG Reports Strong Test Flows from Kupe Field
The three Kupe field production wells have together test flowed a total of over 115 million standard cubic feet a day and a condensate flow of over 15,000 barrels a day, New Zealand Oil & Gas reports.
8:00 PM EST | June 05, 2008