Abstract

In New Zealand, offshore license holdings are up to 164,015 km 2 , an increase of 53%. Onshore licences are 20,467 km 2 , an increase of 77%. Onshore drilling was concentrated around last year's oil discovery of McKee-2A. Total gas production for sale was 1,286 X 10 6 m 3 , up 20.2%, while the total production of condensate was 550,101 m 3 , up 31.3%. LPG production rose to 41.179 m 3 , up 50.8%. Tonga has experienced a virtual standstill in exploration. In Fiji, extensive geochemical sampling and minor geophysical surveys were undertaken in several blocks. In Vanuatu, no exploration licenses were granted. The Solomon Islands, too, has no petroleum legislation as yet. In Papua New Guinea, the total concession areas increased to 72,600 km 2 . An appraisal well, Barikewa-2, was spudded shortly before year-end; initial reserve estimates for this large anticline had run as high as 10 tcf of gas in place. Drilling depth will be about 2,120 m.--Modified journal abstract.

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