THE EAST COAST BASIN OF NEW ZEALAND, AN EMERGING PETROLEUM PROVINCE

Abstract

More than 300 oil and gas seeps are known in the onshore East Coast Basin of North Island, New Zealand. Spectacular geological structures have been explored by more than 40 wells, only three of which have been offshore. Results are tantalising, with 70% of wells yielding oil or gas shows. Westech’s two gas discoveries onshore at Kauhauroa and Tuhara in northern Hawkes Bay remain un-developed at present.

Strong gas shows were encountered in both open-file wells drilled offshore and elevated gas readings were recorded in the recent Tawatawa–1 well, but reservoir quality was poor.

Nevertheless, good reservoir facies are abundant in the East Coast Basin. A wide range of Miocene and Pliocene sands and limestones, with porosities of 20% and above are known from outcrop and wells. But, modern, good quality seismic data are essential to allow sequence stratigraphic interpretation and a reasonable likelihood of predicting the distribution of reservoir facies. As part of its program to stimulate exploration in New Zealand, the NZ government is commissioning a new 4,000 km, highquality 2D seismic data set with the intention of making it freely available to interested exploration companies by mid-2005.

The very thick sedimentary succession, the presence of direct hydrocarbon indicators on seismic data, the strong gas shows in wells drilled offshore and the reasonable expectation of oil generation and expulsion into numerous large structures with good reservoir facies combine to make the offshore East Coast Basin an attractive exploration venue.