Exploration & Production | Drilling / Well Results | Top Story
NZEC Reactivates Six Tikorangi Well Projects; Talks Flow Rates
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New Zealand Energy Corp. has reported that six wells on the TWN Licenses have been reactivated and are currently flowing into the Waihapa Production Station.
New Zealand Energy Corp., through its subsidiaries, holds a 50% interest in the TWN Licenses, with L&M Energy and its related entities holding the other 50%. NZEC and L&M have formed the TWN Joint Arrangement (TWN JA), with NZEC as the operator, to explore and develop the TWN Licenses and operate the Waihapa Production Station and associated infrastructure.
Highlights
Six wells reactivated and currently flowing to the Waihapa Production Station The initial two wells were reactivated sequentially The first well flowed for 19 days, produced 4,797 barrels (bbl) oil, 6.0 million cubic feet (mmcf) natural gas, average water cut 35%…Finish this article — free account or subscription
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