Ann: MINE: NZO: Pateke-4H tie-back commences

• Release Date: 06/03/15 11:37
• Summary: MINE: NZO: Pateke-4H tie-back commences
• Price Sensitive: No
• Download Document  1.3KB

					NZO
06/03/2015 11:37
MINE
PRICE SENSITIVE
REL: 1137 HRS New Zealand Oil and Gas Limited

MINE: NZO: Pateke-4H tie-back commences

The Operator of the Tui oil fields in PMP 38158 has announced that the
Pateke-4H subsea tie-back and installation project has commenced.

Pateke-4H was drilled horizontally to 4,772 metres last year. The Pateke
structure is one of three producing in the Tui field offshore Taranaki, New
Zealand. The 4H well accessed a lobe not being drained by the existing Pateke
well.

On Thursday the DOF Subsea Diving Support Vessel, Skandi Singapore, arrived
to commence the tie-back project.

The project involves installing subsea pipelines, manifolds and ancillary
support equipment in water depths of about 124 metres to connect the
Pateke-4H development well to the Tui field gathering system.

The subsea tie-back and installation project will coincide with a two week
planned inspection and maintenance shut down of the FPSO, Umuroa. First
production from Pateke-4H is expected in April.

New Zealand Oil & Gas has a 27.5 per cent interest in the Tui field. The
Joint Venture partners are:
AWE Limited (via subsidiaries) (Operator) 57.5%
Pan Pacific Petroleum (via subsidiaries) 15%

John Pagani
External Relations Manager
+64 21 570 872
End CA:00261551 For:NZO    Type:MINE       Time:2015-03-06 11:37:28