Production Delayed Offshore Taranaki Basin

Production from the Pateke-3H well was halted due to additional technical issues within the flow path. Prior to the Kan Tan IV rig being released from the site, a clean up flow of the well was performed and the repairs were successfully completed. However, additional constraints within the production flowpath is preventing full oil production to flow from the well.

AWE is reviewing the issue to determine the cause of the problem. Production is estimated to flow at a rate of 3,000 bopd once the well is fully cleaned.

The Pateke well is part of the Tui project, which is situated in the offshore Taranaki Basin in PEP 38158. Interest holders in the project are AWE, serving as the operator and holding a 42.5% interest; Mitsui E&P Australia Pty Limited holding a 35% interest; New Zealand Oil & Gas Limited holding a 12.5%; and Pan Pacific Petroleum holding the remaining 10% interest.

continue reading the full article

SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.
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