Drilling & Completions | Drilling / Well Results
New Zealand Energy Spuds Fourth Taranaki Basin Well
Print
|
New Zealand Energy Corp. has reported an update on its eight-well exploration program, currently underway in the Taranaki Basin of New Zealand's North Island.
Waitapu-1 remains shut-in pending further evaluation and potential sidetracking to a new location. Waitapu-2, following initial production testing and a pressure build-up phase, will commence continuous production before year-end 2012.
Arakamu-2 has been completed across 18 metres in two intervals. The well demonstrated good inflow and pressure build-up but downhole mechanical issues have delayed testing. When NZEC perforated the upper interval at a depth of approximately 2,190 metres, sand flowed into the wellbore and the tubing became stuck. To rectify the situation NZEC will require the use of a service rig, which can move onto…
- ✓ Full news archive — U.S., Canada & international coverage
- ✓ A&D transactions — asset deals, corporate M&A, assets for sale
- ✓ Permits & completions data, plus 900,000+ slides & presentations