The exploration wildcat Taranga-1 well was drilled by Shell Todd Oil Services Ltd as a farm-in commitment. The well is located in offshore Taranaki within PPL38444 which was previously operated by Sun Oil New Zealand Ltd, and was designed to test Prospect Gamma. This is a large faulted four-way dip closure seismically mapped at top Cretaceous level. Spudded on May 6, 1992 Taranga-1 was drilled to 4250m bkb. No testing was performed and the well was plugged and abandoned as a dry hole on 24 June, 1992. The location of Taranga-1 is on seismic line 80NM-107 at shot point 1950 and New Zealand Map Grid 6247935.2m N 2533762.0m E.