AWE Primes Bit Offshore Taranaki Basin

The Kan Tan IV drilling rig is on location and preparing to spud the Tui SW-1 exploration well in PMP 38158 in the Taranaki Basin. The well is testing the Kapuni F10 Sand, which has proven productive at the nearby Tui oil field. Located 328 feet (3 kilometers) south west of the Tui-1 oil discovery, the well will be drilled to a target depth of 12,795 feet (3,900 meters). If a discovery is made, the well will be cased and suspended as a possible future gas injection well. Once drilling is completed, a second well, Kahu-1, is scheduled to start immediately.AWE serves as the operator of the license.

continue reading the full article

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Well Monitoring Specialist
Expertise: Drilling Consultant|MWD / LWD|Well Control
Location: Houston, TX
Expertise: Drilling Superintendent
Location: Oklahoma, United States, OK
Field Service Technician - Warrior
Expertise: Maintenance Technician|Rig Mechanic
Location: Springtown, TX
search for more jobs

Brent Crude Oil : $51.38/BBL 2.44%
Light Crude Oil : $50.43/BBL 2.26%
Natural Gas : $3.14/MMBtu 0.94%
Updated in last 24 hours