AWE Installs BOPs at Tui Field

AWE advised that during the week surface casing was set in Kahu-1 to a planned depth of 1504m. At 0600 hours (NZ time) BOP's were being installed prior to preparing to drill ahead. It is anticipated that top of the target reservoir should be intersected in the coming week.

The Kahu-1 well is an exploration well within PMP 38158, located approximately 3 kilometers east of the producing Tui oil field.
Kahu-1 will test the Kapuni group sands within a large incised valley feature immediately east of the Tui oil field. The well is being drilled in a water depth of 122 meters and is expected to drill to a total measured depth of approximately 3,820 meters.

Participants in Kahu-1 and PMP 38158 are:

  • AWE Limited (Operator) 42.5%
  • Mitsui E&P Australia Pty Limited 35.0%
  • Stewart Petroleum Co Limited (NZOG) 12.5%
  • WM Petroleum Limited (PPP) 10.0%