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Tui oil field produces 4.8 mmbbls in year; plans one workover

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14 July 2010 - The Tui oil field in offshore Taranaki produced 4.83 million barrels in the financial year to 30 June 2010, operator AWE Ltd reports.

Sources: AWE and Lindsay Clark

This slightly exceeded the revised forecast for the financial year of 4.80 million barrels, AWE says.

Total Tui production since the field began producing in July 2007 has now reached 28.2 million barrels, more than half of its estimated 50 million barrel original reserves.

AWE is forecasting production for the year to June 2011 of 2.8 million barrels.

This includes an allowance for the Pateke-3H well, which was recently shut-in, to undertake repairs to the well’s artificial lift system.

This means the Tui area field is currently reduced to producing from its three remaining producing wells; Tui-2H, Tui -3H, and Amokura-2H.

Planning of a required workover of the Pateke-3H well is underway to enable recommencement of production from this well, currently estimated to be in mid 4th quarter of 2010.

AWE says it plans to use the Kan Tan IV drilling rig to carry out this work-over given the rig is currently under contract to AWE in Taranaki water.

Related links

Tui - More oil and gas news - 2010 NZ Petroleum Conference

Last updated 17 August 2010

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