Benreoch rig leaves Moki
PA Wellington Drilling at the Moki No. 1 oil exploration well has ended and the Benreoch semi-submersible rig has been released to Diamond Shamrock Oil Company (New Zealand), Ltd, the operators of the well, Tricentrol Exploration Overseas, Ltd, announced yesterday. Diamond Shamrock Oil Company (New Zealand), a subsidiary of Diamond Shamrock Corporation of Dallas, Texas, announced last evening that the rig was on its way to a new drilling area north-east of the Moki No. 1 well. The rig was being moved to the Taimana No. 1 well, which is in The licence area 38109 in 132 m of water. Diamond Shamrock is the
operator for the well. The other joint venture interests are Petroleum Corporation of New Zealand (Exploration), Ltd, Welden Exploration, Ltd, (a wholly owned subsidiary of Kupe Petroleum, N.L.), and Oilfields, N.L., (a public company jointly sponsored by New Zealand Oil and Gas, Ltd, and United Resources Investment Holdings, Ltd.) The Taimana No. 1 well is planned to penetrate 4000 m, Diamond Shamrock said. The primary objective was to evaluate the hydrocarbon potential of the Kapuni sandstone formation which was found to be oil bearing in several wells within the Taranaki Basin. Drilling and testing operations are expected to take 70 days at a cost of S23M.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19831215.2.148.13
Bibliographic details
Press, 15 December 1983, Page 33
Word Count
214Benreoch rig leaves Moki Press, 15 December 1983, Page 33
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.