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Taranaki Basin Oil and Gas Operations Update
We’ve kept you up-to-date with photos of our infrastructure upgrades, but we also wanted to keep the word out that drilling and exploration continue, even amidst the important infrastructure upgrades...
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Launching FY 2014 from a great platform
Here are a few excerpts from TAG Oil’s 2013 year-end conference call, conducted by Chief Executive Officer Garth Johnson, and Chief Operating Officer Drew Cadenhead on 28 June. You can listen to the...
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Prepping for a 12-well kickoff
This coming weekend marks the kickoff of our 12-well drilling campaign, fully funded with income from the sale and production of TAG Oil’s own Taranaki oil and gas, and the Company’s strong balance...
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Perforation action shots at the Cheal-E2 site
While our deep prospects have been dominating the news, the team is moving ahead methodically drilling TAG’s shallow oil and gas prospects at Cheal. They took a minute to send some shots from the field...
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Cheal-E individual well testing underway
Cheal-E continues to provide good news, with three wells cased as potential oil wells – one of which is being flow tested – and Cheal-E 4 now drilling ahead. To ensure more reliable production...
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Strategy stays the course, even as new plans take shape
TAG Oil CEO Garth Johnson and COO Drew Cadenhead took to the phone lines last week to discuss recent drilling announcements and the new fiscal year’s operational plans. Typically forthright,...
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Cheal Oil & Gas Field: Good News for Production and Development Drilling
As announced last week, shallow development drilling and production in the Taranaki are averaging about 1,959 barrels of oil equivalent (“boe”) per day, 80% of which is oil. So we’re on track with the...
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Drilling and optimization work has resumed in Taranaki
There hasn’t been much blog news from the field lately, sometimes geology and science can be quiet, solitary stuff. But we’re pleased to report that as of October 2014 TAG achieved record monthly...
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Workover report from the Taranaki Basin
Here’s an update on TAG’s workover campaign to perform maintenance, upgrades to artificial lift, and routine repairs. Not only is this work we commit to on an ongoing basis to maximize safety and...
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Low Excitement, High Value: Workover Update
TAG continues to focus on low risk, low capital activities that create incremental production increases across the greater Cheal assets. These may not be as exciting as new exploration, but they keep...
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TAG outlook for the new fiscal year
This fiscal year has come and gone, and from our perspective, it’s been a decent FY 2016. While oil prices have risen, they’re not where we want them as of yet, but we’ve managed to use this low oil...
View ArticleViews from the field
Seeing is believing, so here’s some footage of what the TAG Oil New Zealand team is working on. Taken by CEO, Toby Pierce, on his phone. First is Ryan Beierle (TAG Production Manager) manning a...
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Perforations for Production Increase
TAG is always seeking new ways to increase production from already producing wells. We have been hard at work on Cheal E7 by perforating the wells in order to expose more of the reservoir to...
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Exciting news from Sidewinder!
Monday’s news of TAG Sidewinder testing has us excited! Over a 24 hour period, using a temporary gas lift system, results showed 254 bbl/d of light oil and condensate in a lower unproduced interval in...
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Progress in the field
As OPEC production cut talks continue to swirl, the TAG New Zealand team continues to stay busy with a series of workovers. And here are some pictures to prove it! In the picture, you can see a...
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Helping reservoirs give their all
As an oil field is produced and the reservoir depletes under primary production, the pressures in the formation decline. As pressure declines, it becomes more difficult for hydrocarbons to flow to the...
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Q&A with TAG Oil CEO Toby Pierce
We sat down to talk with TAG CEO Toby Pierce about the new Australian oil and gas permit that TAG just acquired, the timeline for development, and what else is new around the organization. Talk about...
View ArticleAn onsite look from TAG production manager, Ryan Bierele
TAG Oil production manager, Ryan Bierele, took a few minutes to talk about what the TAG team in New Zealand has been up to at the Cheal C Cardiff site. As Ryan says, “Hopefully we can unlock some of...
View ArticleTAG Oil Annual Shareholder Call
Mark your calendars! TAG Oil’s yearly shareholders conference call will be held on July 6, 2017 at 1pm pacific time. TAG CEO Toby Pierce, will be hosting the call, discussing our almost released Q4...
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Hitting New Targets
Gear up TAG Shareholders and followers, as another exciting time is upon us. Cheal D pad construction is underway, the conductor has been drilled, and we have a target date for mid-July to spud the...
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