EXPLORATION

Pogo wins south Maui extension

America’s Pogo Producing Company, which bounced into the New Zealand exploration scene earlier this year, has won a southern extension to its offshore Taranaki permit adjoining the once mighty Maui field.

Pogo wins south Maui extension

Crown Minerals says it has granted Pogo a 119 sqkm southern extension to its PEP 38490 licence which adjoins the north-eastern edge of the Maui mining licence. The original 359 sq km permit, which also borders the Taranaki coast south of Cape Egmont, was issued to the Houston-based company last February.

Pogo is required to reprocess and interpret almost 700km of 2D seismic data, including 177 km in the new extension, with the acquisition of some 3D seismic also required in the coming 18 months.

Pogo’s second quarter 2004 report says it plans to acquire new 3D seismic from about December over at least a quarter of its 1.014 million acres offshore Taranaki permits - the largest of all Pogo’s stakes in the United States, Denmark North Sea, Hungary, Gulf of Thailand or NZ.

The report says this new seismic, when processed and reviewed, should lead to exploratory drilling from late 2005.

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry

editions

ENB Social Licence Report 2021

In its second year, this research now includes trends and new findings surrounding impacts and responses as the energy industry seeks to secure and maintain a social licence to operate.