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GEOREF RECORD

Oil and gas developments in New Zealand and Southwest Pacific Islands in 1985

H. R. Katz and R. H. Herzer
Oil and gas developments in New Zealand and Southwest Pacific Islands in 1985
AAPG Bulletin (October 1986) 70 (10): 1625-1631

Abstract

In New Zealand, a moratorium on petroleum exploration licensing was in effect throughout 1985. Nine licenses were relinquished and the boundaries of 3 others were changed. Seismic surveying activity was greatly reduced, with 960 km shot offshore and 780 km shot onshore. Drilling continued at a high rate, with 25 wells drilled, 5 offshore and 20 onshore. Total meterage exceeded 41,000 m. Although there were good indications of hydrocarbons, no major discoveries were made. At the end of 1985, the government lifted the licensing moratorium with the announcement of an offer of 50 blocks in the offshore Taranaki basin. The awarding of new licenses will still be judged on the basis of work program, although some new government financial measures have been introduced. Total petroleum production figures for New Zealand were 3,802 million cubic m of gas, 1,095 thousand cubic m of condensate, and 452 thousand cubic m of oil. The entire production is from fields in the Taranaki basin. In 1985, production of synthetic gasoline began at the Motunui synfuels plant using Maui and Kapuni gas and condensate as feedstock. Tonga introduced new petroleum legislation and is offering license blocks for exploration. No activity was reported from Fiji, Vanuatu, and Solomon Islands. License holdings in Papua New Guinea increased 78.3% to 16 petroleum prospecting licenses with a total of 1,894 blocks. Seismic surveys amounted to 1,500 km on land and 500 km offshore in 1985, after virtually no seismic in 1984. Drilling was up 23.9%. Juha field was confirmed with a second extension well (Juha-3X), and a new oil and gas discovery (Iagifu-2X) was made in another anticline of the Papuan foldbelt in April 1986.


ISSN: 0149-1423
EISSN: 1558-9153
Coden: AABUD2
Serial Title: AAPG Bulletin
Serial Volume: 70
Serial Issue: 10
Title: Oil and gas developments in New Zealand and Southwest Pacific Islands in 1985
Affiliation: Pac. Geo. Consult., Lower Hutt, New Zealand
Pages: 1625-1631
Published: 198610
Text Language: English
Publisher: American Association of Petroleum Geologists, Tulsa, OK, United States
References: 2
Accession Number: 1987-022324
Categories: Economic geology, geology of energy sources
Document Type: Serial
Bibliographic Level: Analytic
Illustration Description: 6 tables, sketch maps
S19°19'60" - S16°00'00", W178°00'00" - E177°00'00"
S47°30'00" - S34°30'00", E166°30'00" - E178°30'00"
S11°00'00" - S00°10'00", E141°00'00" - E156°00'00"
S23°00'00" - S15°00'00", W177°00'00" - W171°00'00"
S20°30'00" - S13°00'00", E166°00'00" - E169°00'00"
Secondary Affiliation: N.J. Geol. Surv., NZL, New Zealand
Country of Publication: United States
Secondary Affiliation: GeoRef, Copyright 2017, American Geosciences Institute. Reference includes data supplied by Institute of Geological and Nuclear Sciences Limited (GNS Science), Lower Hutt, New Zealand
Update Code: 1987
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