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Methanex Corporation Message Board

  • westervillekid westervillekid Oct 29, 2011 4:14 PM Flag

    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.

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