Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Wairaki -1 Drilling Progress

Wairaki -1 Drilling Progress

L&M Petroleum Limited is pleased to announce that at 6am on 25th November,  the Wairaki-1 coal seam gas (CSG) exploration well in Western Southland petroleum exploration permit (PEP) 38238 (Blackmount) was at a depth of 179m, coring in the Beaumont Formation.  The top of the Beaumont Formation was intersected at 155m, 15m high to prognosis.

The top 3m of the Beaumontconsisted of coal and a small amount of carbonaceous claystone.  Six canisters of coal core were collected and will be sent for further methane desorption analysis.  Field reports indicated the coal sections of the cores exhibited slow gas bubbles upon recovery.  

The well is programmed to be drilled to a total depth of 600m.

The Wairaki-1 well is the second cored well in the CSG program, and follows on from the successful drilling of the Goodwin-1 well, located in the eastern portion of PEP 38226 (Waiau), adjacent to the proven Ohai coalfield (see map) and two earlier stratigraphic wells drilled in the Wairaki area.

The Company’s initial analysis indicates its onshore WesternSouthlandBasinpermits may hold up to 300 PJ of CSG potential resources. 



© Scoop Media

Business Headlines | Sci-Tech Headlines


FIRST Union: Do Shareholders Realise Marsden Point Conversion Could Cost More Than Half A Billion Dollars?

FIRST Union, the union representing workers at Refining NZ, are querying whether shareholders voting on Friday on whether to convert the Marsden Point refinery to an import-only terminal realise the conversion could cost $650-700 million dollars... More>>

Civil Contractors: Massive Rebound In Civil Construction Business Confidence

New Zealand’s civil construction industry is riding a massive rebound in post-pandemic business confidence – but this may be undermined by skills shortages, which continue to be the industry’s number one challenge... More>>

Energy: Feeling Our Way Towards Hydrogen - Tina Schirr

Right now hydrogen is getting a lot of attention. Many countries are focusing on producing hydrogen for fuel, or procuring it, or planning for its future use... More>>

ASB: New Support Finder Tool Helps Connect Customers With Thousands In Government Support

ASB research alongside benefit numbers from the Ministry of Social Development shows an increased number of Kiwis are struggling financially, and many may not be aware they’re eligible for government support... More>>

Housing: New Home Consents Continue To Break Records

A record 44,299 new homes were consented in the year ended June 2021, Stats NZ said today. “The annual number of new homes consented rose again in the June 2021 year, the fourth consecutive month of rises,” construction statistics manager Michael Heslop said... More>>

Real Estate: June Home Transfers Remain High
There were 44,517 home transfers in the June 2021 quarter, the highest June quarter figure since 2016, Stats NZ said today. The number of home transfers was very similar to the March 2021 quarter and was up 18,252 from the June 2020 quarter... More>>