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The New Zealand Great South Basin occupies a remote deepwater area off the South Island. Despite the lack of commercial success, vast regions of the basin remain untested and Cretaceous reservoirs in the deepwater sector are believed to hold material liquid potential. The basin attracted high interest from Majors, foreign NOCs and New Zealand-based companies when a new swathe of acreage was released in 2007. Licensees have subsequently acquired significant volumes of 2D and 3D seismic data and undertaken extensive geological analysis. The first deepwater exploration well of the new wave is scheduled for 2017.
This Exploration Basin report provides a detailed analysis of exploration in this basin, including discovery and development costs, location maps and information about licensing and fiscal terms. We evaluate the yet-to-find volume and value potential.
This report is accompanied by multiple excel downloads which detail costs, volumes and value.
What's included?
This report includes 2 file(s)
New Zealand Great South exploration basin PDF - 446.76 KB 15 Pages, 11 Tables, 12 Figures
New Zealand Great South.zip ZIP - 2.14 MB
Description
Oil and gas exploration is an industry in constant motion, from technological breakthroughs to shifting supply and demand. The high costs of finding and developing new oil and gas fields that can be commercially developed has created a challenging atmosphere, with explorers increasingly seeing low returns, low value and slow progress.
This Exploration Basin report provides a detailed analysis of exploration of this basin, including discovery and development costs, location maps and information about licensing and fiscal terms. You'll also find information about discovery and development costs and full-cycle returns.
Explorers and advisors can use this report to understand the history and potential value of this basin.
Wood Mackenzie has access to historic data for over 450 basins and forecasts for more than 125 basins. We provide accurate information on the cost of exploration compared to the value of discoveries so that you can develop profitable strategies.
Our in-depth analysis gives you the information you need to navigate the ever-changing challenges of oil and gas exploration so you can make critical commercial decisions.
Wood Mackenzie's clients include every major player in the global energy, metals and mining industries. We are recognised as a leading authority by international and national energy, metals and mining companies, leading financial institutions, governments and government agencies. We work with a range of diverse teams within our clients, from strategy and policy makers, business developers and market analysts, through to corporate finance, risk teams and investors.
Having Wood Mac analysis is table-stakes. Others are nice to have.
Analyst Metal Mining Producer
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Portfolio Manager Integrated Oil Company
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As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...
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Asset report | Dec 2015
New Zealand Great South exploration basin
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