TAG Oil Blog

Phase II ends and Phase III begins.

Posted by Kris Clark on Jan 19, 2011 11:29:00 PM

Some pictures from the prep work for Phase 3 North Island Taranaki Basin ops, covering Cheal, Cardiff and Sidewinder.

Temporary pipe work at Cheal-BH-1—already our best well at Cheal—waiting on 225m of perfs.
Old Cardiff 2A wellhead
The old Cardiff 2A wellhead. Doesn’t look like much but there's gas down there.
 InterDrill rig
InterDrill rig at Sidewinder, ready to drill 3 more 25m conductor holes: Sidewinder-2, 3, and possibly 4

Topics: Mt. Messenger, Urenui, PMP 38156-D, Cheal Oil Field, Sidewinder Discovery, Cardiff Deep Gas, PEP 38748

Looking forward to Cardiff operations.

Posted by Kris Clark on Oct 3, 2010 10:56:00 PM

The plan is to recommence development of the Cardiff deep gas discovery, targeting the various gas/condensate zones with horizontal-drilling and multi-stage fracturing developed specifically for these types of tight-sand gas reservoirs. Porosities and permeabilities found within the multiple Kapuni Sands Formation zones encountered in the Cardiff-1 (5050m total depth), Cardiff-2 and Cardiff-2A sidetrack (4931m total depth) wells are analogous to prolific tight-sand formations in Germany, Holland, the North Sea and North America, where new technologies have been successful in achieving dramatic increases to oil and gas flow rates and overall reserve recovery.

Access to market for Cardiff gas is relatively straightforward, seeing as it’s situated just 3-km from a tie-in to TAG-owned gas infrastructure. This tie-in provides a link to the high-capacity LTS gas pipeline and the thriving North Island gas market.

New Zealand Gas Development and Demand
Strong demand, tightening supply and record-high contract gas prices in New Zealand provide commercial opportunities for developing gas on the North Island.

Topics: Cardiff Deep Gas

The Cardiff Deep Gas Discovery is TAG OIl's.

Posted by Kris Clark on Sep 14, 2010 10:11:00 PM
New Cardiff Site
This sign will be changing soon. This is the entrance to the Cheal "C" site, which happens to be our new Cardiff site on PMP 8156-D.

TAG Oil is now the proud holder of PMP 38156-D. It's within the same permit boundary as our PMP 38156-S, where we're producing oil and gas and developing discoveries in shallower formations. This ends the old permit split and TAG now controls 100% of all prospective formations within PMP 38156.

The Cardiff structure has been identified as a large anticlinal trap, some 12 km long by 3 km wide, with a number of potential pay zones within the Kapuni Sands Formation. Situated on trend and among several sizable deep gas/condensate discoveries including nearby landmark Kapuni and the prolific Mangahewa and Pohokura gas fields, the Cardiff gas/condensate discovery has the potential to become a substantial resource.

Gas with rich condensates was discovered at Cardiff within the upper Kapuni zone, which encountered 12m of net pay and flowed at over 3 million cubic feet and 100 barrels of condensate (light oil) per day with improving rates observed on long-term testing. This zone can be identified on 3D seismic to be a prospective target across the span of the Cardiff structure. And an even greater resource potential exists in the deeper K1A and K3E zones, where strong gas shows were encountered over a gross 600m interval. This will be a primary target in future Cardiff wells.

Topics: Announcements, PMP 38156-D, Cardiff Deep Gas