Oil and gas industry in New Zealand
The oil and gas industry in New Zealand covers the exploration and development of oil and gas fields, and the production of petroleum products and natural gas.
In 2008, New Zealand's self sufficiency in oil (production divided by consumption) was 47%, i.e. the country imports over half its petroleum product needs (though actual imports are higher, as some of the local product is also exported).[1] In the March 2010 quarter, 28.7 petajoules of crude were produced in New Zealand, 78 pj of petroleum products imported (most of it crude), and 61.6 pj consumed. The difference is exported or used for international travel (aviation fuel and similar).[2]
The major industry body is the Petroleum Exploration and Production Association of New Zealand.
History
In 1865, the Alpha well was drilled near Mikotahi at New Plymouth.[3] This was the first oil well in what is now the Commonwealth and one of the first in the world. A petroleum industry developed at Moturoa, including producing wells and refineries. The last refinery was closed in 1972. The field continues to produce small quantities of oil.[4]
Oil and gas fields
New Zealand Oil and Gas Fields P50 Reserves, ultimate and remaining as at 1 January 2011.[1]
Producing Fields
| Field | Ultimate Oil Recoverable (mmbbls) |
Remaining Oil Reserves (mmbbls) |
Ultimate Gas Recoverable (PJ) |
Remaining Gas Reserves (PJ) |
|---|---|---|---|---|
| Maui | 158 | 4 | 3,962 | 101 |
| Kapuni | 68 | 4 | 1,098 | 169 |
| Pohokura | 57 | 38 | 1,185 | 891 |
| Maari | 58 | 46 | ||
| Kupe | 32 | 29 | 287 | 254 |
| Tui | 51 | 21 | ||
| Turangi | 7 | 6 | 193 | 168 |
| Kowhai | 5 | 5 | 160 | 151 |
| Mangahewa | 5 | 4 | 237 | 175 |
| Ngatoro | 13 | 4 | 65 | 37 |
| McKee | 48 | 1 | 226 | 50 |
| Others | 32 | 3 | 175 | 23 |
| Total | 534 | 166 | 7,587 | 2,021 |
Non-Producing Fields
| Field | Estimated Oil Recoverable (mmbbls) |
Estimated Gas Recoverable (PJ) |
|---|---|---|
| Radnor | 0.9 | 5 |
| Total | 0.9 | 5 |
See also
References
- ↑ 1.0 1.1 Script error
- ↑ "New Zealand Energy Quarterly, March 2010". 16 June 2010. http://www.med.govt.nz/upload/72957/NZEQ_Mar_2010.pdf. Retrieved 8 July 2010.
- ↑ Script error
- ↑ "Moturoa black gold - "the good oil"". Puke Ariki. 19 November 2004. http://www.pukeariki.com/en/stories/businessAndIndustry/moturoaoil.htm. Retrieved 2009-07-25.
External links
