New Zealand-Offshore drilling-Greymouth-News, July 7-Less gas to be flared
The company’s Tiger Drilling Rig, a lightweight “triple” Cheetah design rig that subsidiary Tiger Drilling Company imported into New Zealand about two years ago, can be clearly seen from the state highway near Urenui, a small town about 30 kilometres north of New Plymouth.
It is the same wellsite that Greymouth initially prepared last year, though it never moved a rig there to drill in the northern portion of lease PEP 38746 until late last month.
The former government-owned Petrocorp drilled the original Onaero-1 well during 1980 and struck hydrocarbons in what was believed to be a 10.5 metre thick column in the Eocene-aged McKee Formation sands.
According to the government’s New Zealand Petroleum & Minerals unit, Greymouth’s work program obligations for the lease, the second five-year term that expires in August 2012, includes drilling one well targeting Eocene-aged reservoirs.