BOP Installed at Pateke-4H Well (New Zealand)

AWE Limited reports that as at 06:00 hours today, the Pateke-4H development well, offshore New Zealand, was at a measured depth of 3,689 metres and drilling ahead.

The Blow Out Preventer (BOP) was successfully installed and tested and the 13 3/8 inch casing shoe was drilled out.

A 12 ¼ inch section was drilled vertically to 3,000 metres at which point directional drilling startedand the well is now at an inclination of 45 degrees. The 12 ¼ inch section is planned to be drilled to a TD of 4,100 metres.

The Pateke-4H development well is in PMP 38158 and AWE is the Operator. Located in the offshore Taranaki Basin, New Zealand, PMP 38158 contains the Tui, Amokura and Pateke fields and has been producing since 2007.

Pateke-4H is targeting a mapped northern extension of the currently producing Pateke field. The well is being drilled in water depth of approximately 124m with a planned total measured depth of 5,361m, including a 1,272m horizontal section. If successful, the well will be completed for subsequent tie-back to the Tui FPSO (“Umuroa”) for production in 2015.

The Joint Venture partners in PMP 38158 are:

AWE Limited (via subsidiaries) (Operator) 57.5%
New Zealand Oil & Gas (via subsidiaries) 27.5%
Pan Pacific Petroleum (via subsidiaries) 15.0%

 March 04, 2014

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