Pan Pacific Petroleum and New Zealand Oil and Gas have completed a review of the increase in Tui reserves attributable to the Pateke-4H well.
Offshore staff
SYDNEY, Australia --Pan Pacific Petroleum and New Zealand Oil and Gas have completed a review of the increase in Tui reserves attributable to the Pateke-4H well. The estimate has a total increase in 2P recoverable reserves of 2.4 MMbbl gross.
Pan Pacific said thePateke-4H estimate is to be reviewed and updated when the well is on production. The well is scheduled to be tied into the FPSO in 1Q 2015, with production in 2Q.
