DRILLING

Tap gears up Patriot for NZ program

The Ocean Patriot has arrived off Napier and is awaiting equipment and supplies before moving south to spud Tawatawa-1 in licence PEP 38333 for Aussie listed company Tap Oil and its American partner Westech Energy.

Support vessels Lady Caroline and Far Grip towed the semi-submersible rig through Cook Strait yesterday and Tap New Zealand manager Clyde Bennett confirmed the Diamond Offshore Drilling rig had arrived several nautical miles off Napier early this morning.

“While we are pleased the rig has arrived, it won’t be drilling for a while as it still has to load some supplies and equipment, including drill pipe. We expect to spud Tawatawa either late this month or early next,” Bennett told EnergyReview.Net from Napier.

Though Bennett declined to say anymore about Tawatawa-1, due to be drilled 20km northeast of Castle Point, industry commentators are welcoming the offshore East Coast program.

“I am really looking forward to this well; it’s time for the basin to be opened as there are several significant prospects there that need exploring,” one told ERN.

Operator Tap has already said both Tawatawa - a four-way dip closure of up to 40 sqkm - and the Galleon South prospect in PEP 38259, have the potential to contain 2 tcf of gas and perhaps 200 million barrels of oil-condensate.

Tap is hoping to drill Galleon South-1, together with Austral Pacific Energy, off Otago after Tawatawa-1.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry