Tag Archives: Drilling

60km off Oamaru coast —huge oil and gas prospect #Barque

nz-oil-gas-completes-3d-in-clipper-permit [1derrick.com]NZOG completes 3D in Clipper-permit [1derrick.com]

NZOG gives itself a 10 to 20 per cent chance of success at the Barque prospect.

### Stuff.co.nz Last updated 19:04, July 30 2015
NZOG eyes potentially huge Barque oil and gas prospect
By James Weir
New Zealand Oil and Gas may be on to a huge oil and gas prospect in the Canterbury Basin off the South Island’s east coast, but it is still early days and the chances of success are uncertain. The Barque prospect is within the Clipper permit, about 60km off the coast from Oamaru, and it could hold the equivalent of hundreds of millions of barrels of oil. But it is in a higher risk and little explored “frontier” area.

NZOG says in the largest of the three prospective horizons in the Barque prospect, “the best estimate of unrisked prospective resource is 530 million barrels (of oil) equivalent”.

A test well could be drilled in 2017 at a cost of up to US$120 million, if NZOG can bring in a new partner or two to help pay for what the company says is a “pretty attractive prospect” which was likely to be gas condensate, a light oil.
“We are pretty excited about that (Barque) opportunity,” NZOG chief executive Andrew Knight said on Thursday, but the company now needed to get “farm in” partners to take a share of the permit and help pay for the costs of exploration. It is all looking very positive….or as positive as it can be till you stick a hole in it and test it,” he said.
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Posted by Elizabeth Kerr

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Filed under Business, Economics, Geography, Inspiration, Media, Name, New Zealand, Offshore drilling, ORC, People, POL, Politics, Project management, Property, Site

Oil and gas: Supply base competition

Southland Chamber of Commerce v Otago Chamber of Commerce

Is it just me, or does the Southland Chamber of Commerce sound more professional and well-thought than our local chamber’s (non value-added) offhand patter ??? Why would we think that.

### ODT Online Mon, 17 Feb 2014
Case for the base
The Otago Daily Times asked the chambers of commerce in both Otago and Southland to provide 10 reasons why their city should win the bid as Anadarko’s support base. Anadarko drill ship Noble Bob Douglas has begun test drilling 65km off the coast of the Otago Peninsula. The search for gas and oil has millions of dollars worth of potential for the city – either Dunedin or Invercargill – chosen as the support base.
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And the winner is . . . (on paper) the far far south.
Port of Bluff, NZLots of knowhow, space and capacity at Bluff, Southland

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Mike Dickison (@adzebill) tweeted at 7:50 AM on Mon, Feb 17, 2014:
Ooh, I’m in a stoush with the head of NZ Oil and Gas over whether petrol’s made of dinosaurs. [with newspaper link]

### Herald Online 6:25 AM Monday Feb 17, 2014 8 comments
Oil/gas show queried
By Staff Reporter – Wanganui Chronical –
The use of dinosaurs to promote an oil industry roadshow is a “cynical ploy”, says a curator at Whanganui Regional Museum.
The roadshow What Lives Down Under is touring South Taranaki and Wanganui to explain the work of New Zealand Gas & Oil, Beach Energy and Tag Oil. It has a large dinosaur on the side of the roadshow big truck and the image is used in the promotional material.
The museum’s curator of natural history, Mike Dickison, says dinosaurs have nothing to do with oil. “It was not an educational show at all but is entirely funded by the gas and oil industry to convince kids that drilling is safe and cool.” The roadshow website linked oil and dinosaurs saying “the gas in your family’s car might have been a dinosaur”, which Dr Dickison said was incorrect.
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What lives down under - roadshow truck [wanganui chronicle via  NZH]Photo: Bevan Conley

Related Posts and Comments:
21.1.14 Jints, this one’s forya
13.1.14 Taking to water like a duck on oil
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13.4.10 Dunedin – an oil base?
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Posted by Elizabeth Kerr

25 Comments

Filed under Business, Economics, Geography, Media, New Zealand, Offshore drilling, People, Politics, Project management

Taking to water like a duck on oil

A report on ethical investment opportunities, commissioned by Dunedin City Council, will be discussed by councillors later this month.

“This is an opportunity for us as a community to have a conversation about what we collectively feel comfortable making money from. It is important to have this conversation.” –Cr MacTavish (via ODT)

The councillor has written:
“I think drilling for hydrocarbons is unethical because of climate change. At the Council, we’re already having to factor climate change planning into decision-making, and it’s pretty obvious that it’s not the cheap option.”

Read Jinty MacTavish’s recent comments at ODT Online:
On ethics and hypocrisy… (9.1.14) and Climate change policy, cycle investments (12.1.14).

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Link supplied.
Monday, 13 January 2014 4:06 a.m.

Ethical Sat Nav [newsbiscuit.com] 1Cr MacTavish need never get lost again

### newsbiscuit.com Jan 7th, 2014
Politicians to replace faulty moral compass with new Ethical Sat Nav
By Ludicity
MPs are preparing for the arrival of a new piece of wearable technology that will help them navigate difficult terrain and always guide them towards the high moral ground.
The EPS, or Ethical Positioning System, operates by triangulating a person’s political standpoint via a number of morally aware ‘smart satellites’. If a politician starts to veer off course, perhaps about to break a manifesto pledge, the Sat Nav will interrupt with the message: ‘You are no longer on the agreed route, please perform a U-turn now.’
The new system replaces the old and unreliable moral compass. ‘In theory the moral compass should have worked,’ explained philosopher AC Grayling, ‘but many politicians found it confusing and were clearly unable to tell which way it was pointing. All too often they either they left it at home or held it upside down and headed off in entirely the wrong direction.’
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Those speaking at the inaugural Oil Free Future Summit included Gareth Hughes (Green Party), Jinty MacTavish, Prof Bob Lloyd, and photo journalist John Wathen.

offs-poster (detail) 4a### ODT Online Mon, 13 Jan 2014
Flotilla to hinder drilling
By John Lewis
Oil Free Otago has established a ”rapid response” team of up to 260 people to take to the waters around Otago to hinder Anadarko Petroleum Corporation’s deep-sea drilling operations. Oil Free Otago spokeswoman Niamh O’Flynn said the team was established during the Oil Free Future Summit in Dunedin at the weekend, and hinted it may be used to block the shipping lane in Otago Harbour to stop Anadarko vessels from using Dunedin as a servicing port.
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Related Posts and Comments:
9.4.13 Dunedin: Future service town to Shell? #realitycheck
24.9.12 Stadium Councillors back coastal oil exploration
13.4.10 Dunedin – an oil base?
18.3.10 Dunedin harbourside for oil base?
26.2.10 Latest on Dunedin’s offshore oil and gas prospects

Posted by Elizabeth Kerr

*Images: newsbiscuit.com – Ethical Positioning System (EPS); oilfreeotago.com – OFFS poster (detail)

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Dunedin: Future service town to Shell? #realitycheck

We need the business, but…

Shell’s Roland Spuij highlighted that New Zealand’s historical success rate was 15%, compared with a global success rate of more than 30%, and said that the Great South Basin as a ”frontier” area had its pitfalls.

### ODT Online Tue, 9 Apr 2013
Gas drilling ’50:50′ call – Shell
By Simon Hartley
Oil and gas explorer Shell says its chances of undertaking a $200 million exploratory drilling programme in the Great South Basin are 50:50, with a decision expected within months. The company, which has spent more than $80 million in two separate seismic surveys in the basin off Otago in recent years, also confirmed yesterday it had committed a further $US10 million ($NZ11.8 million) to additional exploration of the Great South Basin. The latter work will include more than 2000km of 2-D seismic surveys within a 8500sq km exploration block acquired last December.

Data suggested the test drill had a 70% likelihood of being unsuccessful, with a 30% chance of finding commercially viable gas deposits.

Shell’s New Zealand exploration venture manager Roland Spuij was in Dunedin yesterday for a meeting with mainly local business people, which was abandoned because of interruptions by more than 30 anti-exploration protesters.
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Embarrassing!
Oil protesters shut down Shell meeting

Posted by Elizabeth Kerr

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