Kea Petroleum Flows Oil, Gas from Taranaki Basin Well

New Zealand focused Kea Petroleum has flowed oil and gas from Puka 2 well onshore Taranaki Basin.

During the initial clean-up flow period of 5 days, the well achieved an initial oil flow rate of 719 barrels of oil per day (BOPD) with an associated gas flow rate 0.419 million cubic feet per day (MMCFD), the company said in a statement.

The company said that it has already obtained consents for up to an additional four wells on the current Puka surface location.

Following initial interpretation of the Puka 3D Seismic Survey acquired in late 2012, Kea is examining potential well locations to be accessed from the existing surface location as part of the appraisal and development programme for the greater Puka field.