Onshore Taranaki Petroleum Blocks Offer

 
Onshore Taranaki is New Zealand's prime petroleum producing acreage and has been a focus of exploration for over 140 years.

The Taranaki basin is a proven petroleum system containing a thick Cretaceous-Tertiary sedimentary sequence deposited initially within an extensional tectonic environment which during the Upper Tertiary features a late stage compressional phase. Presently worked plays include the Miocene sub-marine fan systems, Eocene fluvial-deltaic graben fill and Miocene- Pliocene buried volcanic edifices. Structurally the drilling to date has targeted anticlinal or four-way dip closures but these vary considerably due to the complex tectonic history of the region.

The basin features a number of internationally recognised producing gas condensate and oil fields. Seven of these fields are located onshore with ultimate recoverable reserves (P50) of 183 mmbbls oil and condensate and 2161 Bcf gas.

The Crown has aggregated large areas of onshore Taranaki which it is now offering up to explorers and in return it expects explorers to propose aggressive work programmes to explore this proven petroleum acreage.

This blocks offer represents the largest quantity of onshore Taranaki acreage available in over 20 years and by providing explorers access to a significant modern data base there is good opportunity to assess this area. Accordingly a fresh approach which adopts latest technologies and concepts to explore the variety of play types from shallow oil deposits to deep gas to unlock the potential of this productive basin is expected.

To view or print these PDF documents you will require PDF viewing software: Adobe Acrobat Reader.

• Blocks offer notice [494 kB PDF]
• Blocks offer supplemental notice [254 kB PDF]
• Blocks offer supplemental notice two [254 kB PDF]
• Blocks offer supplemental notice three [1 MB PDF]
• New Zealand's Petroleum basins report 
• Taranaki petroleum blocks offer map [2.7 MB PDF] 
• Petroleum Well information
• Download shape file [100 kB ZIP]

If you require a data pack for the Onshore Taranaki blocks offer, please send your request to crown.minerals@med.govt.nz