physics

TAG Oil

TAG Oil is a physics topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand TAG Oil rather than just read about it. In short: TAG Oil is a Canadian-based oil and gas company headquartered in Vancouver, Canada, and traded on the TSX Venture Exchange under trading symbol “TAO”. TAG production and exploration activities are located in the Taranaki basin of New Zealand.

Key takeaways

TAG Oil belongs to physics; place it in that map before memorising details.
Learn the definition first, then one example that makes the definition concrete.
Connect TAG Oil to a quantity you can measure, compute or draw — that is where exam questions come from.
Reproduce the core statement of TAG Oil from memory before moving on to harder problems.

Reference excerpt

TAG Oil is a Canadian-based oil and gas company headquartered in Vancouver, Canada, and traded on the TSX Venture Exchange under trading symbol “TAO”. TAG production and exploration activities are located in the Taranaki basin of New Zealand.

Activities TAG Oil is developing its 100%-owned, Cheal and Sidewinder oil and gas fields in the onshore Taranaki Basin, and has rights to undeveloped prospective formations in Taranaki. The Taranaki basin is still lightly explored compared to many comparable rift complex basins of its size and potential. The Company operates exploration and production permits in the Taranaki Basin, including a 40 percent interest in shallow water offshore permit Kaheru, which amounts to 57,000 net acres of land onshore and 21,000 net acres offshore. TAG owns its production infrastructure and associated pipeline network, linking gas that the company produces to the main Taranaki distribution pipeline. The oil produced is sold to Australasian refineries. There has been local opposition to drilling activities in Taranaki. In 2015, TAG relinquished its rights to a petroleum exploration permit for Waitangi Hill, and has halted plans for various exploration projects.

Leadership TAG was founded by Alex P. Guidi, who is also the Chairman of the Company. In June 2015, Toby Pierce became Chief Executive Officer of TAG Oil. Other executives include CFO Chris Fergusen and COO Henrik Lundin. The TAG Oil Board consists of Brad Holland, Keith Hill, Ken Vidalin and Dr. David Bennett.

Subsidiaries TAG Oil (NZ) Limited TAG Oil (Offshore) Limited Cheal Petroleum Limited Trans-Orient Petroleum Ltd Eastern Petroleum (NZ) Limited Orient Petroleum (NZ) Limited

References

External links Official site

Worked examples

Example 1 — a first encounter with TAG Oil

Start with the simplest possible case. Write down what TAG Oil claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In physics, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to TAG Oil before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about TAG Oil ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of TAG Oil

In research: TAG Oil appears in physics research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry: Engineering practice reuses TAG Oil in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom: TAG Oil is common in secondary-school and first-year university syllabi. It links to neighbouring topics Companies listed on the TSX Venture Exchange, Energy company stubs, New Zealand company stubs, so understanding it makes those chapters shorter.
In everyday life: Look for TAG Oil outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.

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How to study TAG Oil in 20 minutes

Read the reference excerpt below once, without taking notes.
Close the page and write down what TAG Oil means in your own words.
Compare your version with the excerpt and mark what you missed.
Work through the three examples above with pen and paper.
Explain TAG Oil out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is TAG Oil in simple terms?

Why does TAG Oil matter?

Because it connects several physics ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study TAG Oil?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on TAG Oil.