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Hoki-1 drilling resumes after rig mast repaired

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9 April 2010 - Drilling operations at the Hoki-1 exploration being drilled by operator AWE Ltd in offshore Taranaki have resumed after some essential repairs on the Kan Tan IV rig’s drilling mast.

Sources: AWE, NZOG and Lindsay Clark

The Hoki-1 well PEP 38401 approximately 135 km west of New Plymouth is being drilled in 330 m water depth.

The well reached 1,505 m depth with casing set and cemented before drilling halted.

Over the past three weeks drilling rig operator Maersk Drilling has undertaken a programme of repair to the drilling mast to ensure ongoing safe operation and regulatory compliance. The costs of the repairs and the rig day rate for the period would be paid by Maersk Drilling, AWE said.

Hoki-1 is targeting the oil potential of the Cretaceous North Cape reservoir sequence and the underlying Wainui sandstones. The well is planned to be drilled to a total depth of approximately 3,570 m.

Participants in Hoki-1 and PEP 38401 are: AWE 50%, OMV New Zealand 21.25%, Todd Energy 18.75% and New Zealand Oil & Gas 10%.

Related links

NZ Petroleum basins - Current wells and drilling details - NZ Petroleum Conference

Last updated 9 April 2010

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