AWE Spies Oil Offshore Taranaki Basin

Taranaki Basin
(Click to Enlarge)

The Tui SW-2 well has reached a measured depth of 12,300 feet (3,749 meters), and oil shows were encountered as expected over a 33-foot (10-meter) section in the top of the objective F Sands. Wireline logging will be performed in the next couple of days to determine the significance of these sands. The Tui SW prospect is located in mining license PMP 38158 in the offshore Taranaki Basin and is adjacent to the producing Tui oil field. AWE Limited operates the license, holding a 42.5% interest.

continue reading the full article


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Lithium Metals Unit Leader
Expertise: Manufacturing Engineering|Operations Management|Production Testing
Location: Kings Mountain, NC
Drilling Fluids Specialist
Expertise: Drilling Foreman / Drilling Supervisor
Location: Beeville
Reserves Assessment Engineer/Specialist
Expertise: Reservoir Engineering
Location: Houston, TX
search for more jobs

Brent Crude Oil : $49.71/BBL 1.50%
Light Crude Oil : $48.7/BBL 2.05%
Natural Gas : $3.11/MMBtu 12.68%
Updated in last 24 hours