TAG Oil is a prominent oil and gas operator in New Zealand with production operations, development and exploration activities, including ownership of three production facilities and associated pipeline in the Taranaki region. The Company currently operates nine exploration and production permits and its production infrastructure is linked directly to Taranaki’s main gas distribution pipeline for local consumption.
TAG owns 100% interest in two producing oil and gas fields, the Cheal and Sidewinder, which are under appraisal and development. Our producing operations and field development fuel TAG’s high-impact exploration activities.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 for 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.