New Zealand Potential - 2: Numerous play types evident in Taranaki basin

After almost 50 years of utilizing "modern" techniques to search for hydrocarbons in New Zealand's Taranaki basin, explorationists are only now beginning to appreciate its multiplicity of plays.Horst, tilted fault block, and thrust anticlines have been the traditional targets, but companies are showing increased interest in relatively more difficult plays that involve turbidite, volcaniclastic, and diagenetic reservoirs.Penetrated by fewer than 50 offshore wildcat wells, the Taranaki basin remains lightly explored. The central part of the Northern Taranaki graben has never been drilled and no lithology older than Eocene tested.Explorers are unlocking the Taranaki basin's complex t...

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