bligh.com.au
Rimu/Kauri excerpt from Bligh quarterly report dated 7/27/01:
NEW ZEALAND - PEP 38719, Rimu Prospect, Taranaki Basin. Bligh Interest: 5.00%. Operator: Swift. Major Partners: Swift.
The Kauri 1 exploration well was drilled and cased during the quarter, reaching total depth of 4500 metres in mid July. As previously reported, the well encountered four principal oil and gas show zones; in the Manutahi sands at 1142 metres, with up to 12 metres of log-indicated oil pay, the Kauri sands at 2888 metres, which contained 266 metres of oil and gas shows developed in a series of thinly bedded sandstones, the Upper Tariki sandstones at a depth of 3392 metres (9 metres gross) and the Rimu Limestone at 3436 metres (10 metres gross). Testing of the well should commence during August.
Production testing of the Rimu A and B pad wells continued for most of the quarter, and an acid treatment was conducted on the Tariki sandstone in the A-3 well, in an attempt to increase flow capacity. The treatment appears to have been unsuccessful in this respect. Commercial flow rates have been established from all four wells tested, being the A-1, A-3, B-1 and B-2, with the standout well still being the A-1 discovery, which at end of the period was flowing approximately 980 barrels of oil per day and 3.5 million cubic feet of gas per day, on a restricted choke.
Construction of the production station continued during the quarter, with earthworks and flowline laying under way at the end of the period. |
