Kohatukai-1 to be plugged and abandoned - NZOG

Thu, 15 Nov 2018

By Gavin Evans Nov. 15 (BusinessDesk) - New Zealand Oil & Gas says the Kohatukai-1 well it is a partner in will be plugged and abandoned after failing to deliver commercial volumes of gas. The well, drilled south-east of New Plymouth last month, had elevated gas readings in the Matapo and Mangahewa sands. But the company says further sampling and analysis undertaken since then suggests those shows were from residual gas. “The joint venture’s view is that no economically viable gas reserves have been encountered in the well. The well wi...

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