Tag Oil is initialling a $66 million capital expenditure program within the Cheal and Sidewinder fields located in the Taranaki Basin, New Zealand, which will include the construction of a new gas plant and pipeline.
This program consists of continued high-impact exploration and development drilling, targeting oil zones below 2,000 m, and deeper drilling below 4,000 m to target the large liquids-rich gas prospects and various workover operations to existing wells.
Gas Today
No comments:
Post a Comment