New Zealand Oil & Gas Ltd (NZOG) advises that the drilling and testing of the three Kupe Development Wells in permit PML 38146 has been successfully completed.
The three wells have been safely suspended pending the start-up of the Kupe Gas Project by the middle of 2009.
Preliminary analysis of the well results, and in particular the well testing, confirms that the wells and the reservoir have met expectations.
A composite summary of the well test results is as follows. Please note that there is a change to the data previously released for Kupe South 6 (KS-6) as not all correction factors had been applied to the condensate flow rate at that time:
| Well | Top Depth (m) | Bottom Depth (m) | Sustained Gas Rate (MMSCF/D) | Choke Size (1/64") | Surface Flowing Pressure (psig) | Fluids Recovered |
| KS-8 | 3,513 | 3,575 | 33 | 64 | 2.100 | Gas & Condensate |
| KS-6 | 3,014 | 3.106 | 41 | 56 | 3,030 | Gas & Condensate |
| KS-7 | 3.188 | 3,280 | 42 | 56 | 3,051 | Gas & Condensate |
*Depths are cumulative and show total well depth.
Drilling of the three development wells began on 19 December 2007. All three wells reached their target depths.
The ENSCO 107 drilling rig has now been secured for moving to the Momoho exploration well location and will do so as soon as a weather window is available. Momoho is approximately 6km southeast of the Kupe central field.
The Kupe Project is located within permit PML38146 in the offshore Taranaki Basin, New Zealand, approximately 30km off the coast. The development comprises production wells tied into an unmanned offshore platform, a 30 km pipeline to shore, and an onshore processing station.
