TAG Oil is a leading oil and gas operator in New Zealand with production operations and exploration activities, including modern production infrastructure. The Company operates ten exploration and production permits in the Taranaki Basin with a total of 16 permits, including a 40 percent interest in shallow water offshore Taranaki, and extensive acreage covering oil shale prospects in the East Coast Basin and frontier acreage in the Canterbury Basin.
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TAG operates two producing oil and gas fields, the Cheal and Sidewinder, which are under appraisal and development. Our producing operations and field development balance TAG’s high-impact exploration activities in the Taranaki Basin discovery fairway.Learn More
The Company’s modern production infrastructure and associated pipeline network expedite commercialization of new oil and gas wells from field development, and has opened attractive opportunities in power generation, gas marketing, and third-party processing.Learn More
With success via the drill bit, TAG Oil is building upon its audited proven and probable reserve base of approximately 5.98 million BOE for fiscal year 2014. TAG has substantial undiscovered resource potential to fuel future reserve additions.Learn More
TAG Oil: How we work
Target precisely, use the right tools for the prospect, keep a small footprint, and maximize our investment: following these guidelines helps TAG Oil to be a considerate neighbor, economic contributor to New Zealand, and a good investment.
Waitangi Hill bubbles crude oil
Historical well on New Zealand’s East Coast still has live oil in the wellbore.