TAG has two oil and gas fields in production, Cheal and Sidewinder, including lightly-explored development acreage. A third producing field, the Cardiff-3 deep gas-condensate well could also come onto production should production testing prove successful in coming months. TAG is a low cost producer receiving premium Brent Oil pricing and the natural gas TAG produces is sold domestically at a substantial premium to North America pricing. Development and exploration activities are ongoing and are focussed on step out wells within our prospect rich development acreage and well-defined exploration prospects in a proven high-impact discovery fairway.
TAG is developing two oil and gas fields in the Mt. Messenger and Urenui formations between 1400 to 2000 meter depths. With lightly-explored surrounding acreage also prospective for development provides TAG with many years of low-risk drilling and reserve growth opportunities.Learn More
TAG’s deep prospects in Taranaki are on trend with major fields and have significant resource potential. Our Cardiff-3 well provides encouragement for development of a substantial liquids rich gas resource.Learn More