TAG Oil Blog

Our offshore rig sails by the window

Posted by Denise della Santina on Mar 25, 2014 1:23:00 PM

Here's a snapshot we took out of TAG Oil's New Plymouth board-room window yesterday. It's the Ensco-107 Jack-up rig we'll eventually be using to drill Kaheru, in transit, sitting off Port Taranaki.

The Kaheru is a prospect in shallow waters -- about 22 meters deep -- and just eight miles offshore, on the same thrust belt play fairway as several of Taranaki's successful oil and gas fields. 2D and 3D seismic show this to be an offshore extension of the producing, Miocene-aged discovery trend, and we're excited about the discovery potential of this prospect. Not to mention...how cool is this?

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Topics: Taranaki, offshore exploration, Kaheru

PEP 52181: An offshore exploration opportunity.

Posted by Kris Clark on Dec 14, 2010 11:17:00 PM
Kaheru Infrastructure

We just completed the acquisition of a 20% interest in offshore PEP 52181, just 8 km from shore, operated by ROC Oil.

The Permit contains the Kaheru Prospect, a Miocene-aged prospect on the same successful thrust belt play fairway as many significant Taranaki oil and gas fields, including: Rimu, Kauri, Manutahi immediately north, and the Tariki, Ahuroa, Waihapa and Ngaere (“TAWN”) fields further north. Immediately to the west, the large Kupe Gas-Condensate field is now also in full production. All in all, a good addition to our prospect portfolio.

Topics: PEP 52181, Taranaki, Announcements, offshore exploration, New Zealand, Kaheru, ROC Oil