Drilling Continues at Parit Minyak-3 Well in Kisaran PSC
New Zealand Oil & Gas Ltd, a New Zealand-based independent exploration and production company, reported Monday that as of Sunday, Sept. 15, seven inch casing had been run and cemented at the Parit Minyak-3 (PM-3) well, located in the Kisaran Production Sharing Contract (PSC) in onshore Sumatra, Indonesia.
The current operation is continuing drilling to 9,000 feet using a 5.875 inch bit.
New Zealand Oil & Gas Ltd has a 22.5 percent stake in the joint venture through its subsidiary NZOG Asia Pty Ltd. The Kisaran Joint Venture partners are Pacific Oil & Gas (55 percent and Operator) and Pacific Oil & Gas (Sumatera) Ltd, a subsidiary of Bukit Energy Inc. (22.5 percent).
WHAT DO YOU THINK?
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.
- NZOG Submits Application to Exit Kaheru PEP 52181 (Mar 23)
- New Zealand Pushes Ahead to Grow Upstream Sector, Reap Economic Gains (Aug 28)
- Australia's AWE, PPP, NZOG To Drill 2nd Oil Well Off NZ Coast (Jun 10)