Wellington-based oil firm Austral Pacific Energy says a new oil well has been tied into the production facility
Wellington-based oil firm Austral Pacific Energy says a new oil well has been tied into the production facility at its onshore Taranaki Cheal field.
The well was being produced at 200 barrels of oil a day with no water during the testing phase, Austral said on Tuesday.
Initial testing indicated the A7 well was capable of a maximum flow rate in the range of 250 to 280 barrels of oil a day.
The field's current production rate was about 520 barrels a day. Austral chief executive and president Thompson Jewell said he was pleased to see the well on stream quickly and performing as expected.
Options were being reviewed for immediate remedial repair to return the A3X well to its 90 barrels per day rate while planning was under way to support a permanent repair towards the end of this year if needed.
