New Zealand's deepwater frontier becoming more realistic target

A new era in New Zealand petroleum exploration began in 1999 when Conoco's Deepwater Frontier drill ship spudded the Waka Nui-1 wildcat off the west coast of Northland. What makes Waka Nui-1 so important in New Zealand petroleum exploration is that this is the first well to step out beyond 1,000 m of water into New Zealand's undrilled and highly prospective deepwater frontier. Click here to enlarge imageNew Zealand, with about the same land area as Japan or the UK (c. 250,000 sq km), lies within a much larger submerged continent of around 3.5 million sq km. Much of this submerged continent contains sedimentary basins with inferred generative potential (Fig. 1), but the basins in ...

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