Takahe-1 will evaluate seismic amplitude anomalies at the Eocene-aged Mount Messenger level. It is a typical New Zealand onshore well for Tap – which has already said it is targeting small oil accumulations (2 million barrels or so) in prospects around Taranaki and not too distant from existing infrastructure.
After a disappointing drilling campaign so far this year – with Hihi-1 (PEP 38748), Miromiro-1 (PEP 38765), Hursthouse-1 (PEP 38745) and Kakariki-1 (PEP 38748) all being dry holes – Tap’s last well, Supplejack-1 in PEP 38741, encountered two small potential moveable hydrocarbon zones in the Mount Messenger formation. That well is now being completed before the deeper interval is production tested.
Austrian firm OMV is also a partner in Takahe through its early 2003 takeover of Germany’s Preussag Energie, which held an interest in PEP 38744. It subsequently farmed down its holding to NZ company Todd .
Australian energy giant Origin Energy was also originally involved in the acreage, but it farmed out all its equity to Tap, which then took over as operator.
The PEP38744 participants are: Tap Oil (operator and 50%), OMV New Zealand (35%) and Todd Pohokura (15%).
The PEP 38471 partners are: operator Austral-Pacific Energy (30%), Tap (50%) and Tag Oil NZ (20%).
