The Kan Tan IV (mid-water semisub) arrived Monday at Admiralty Bay in the Marlborough Sounds as it prepares to commence a multiple well drilling campaign in the Taranaki Basin off New Zealand.
Kan Tan IV was transported from Malaysia to the Taranaki Basin by Dockwise's heavy transport vessel. Local engineers are removing fastenings attaching the semisubmersible to Blue Marlin before getting Kan Tan IV ready for tow to the Matuku-1 oil field in exploration permit PEP 51906, local daily The Marlborough Express reported.
The semisubmersible will drill the Makutu-1 well to 15,912 feet (4,850 meters) after being moored in 443 feet (135 meters) of water. Matuku is located to the west of the New Zealand's offshore Maui gas field and southwest of the Tui field.
Joint venture partners in PEP 51906 exploration permit comprised operator OMV Group (65 percent), Octanex N.L. (22.5 percent) and New Zealand Oil & Gas Limited (12.5 percent).
WHAT DO YOU THINK?
Click on the button below to add a comment.
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
More from this Author
Most Popular Articles
From the Career Center
Jobs that may interest you