Great South Basin - Misplaced Pages

Area of mainly sea to the south of the South Island of New Zealand

Approximate location of the Great South Basin with approximate location of allocated Oil Exploration Blocks

The Great South Basin is an area of mainly sea to the south of the South Island of New Zealand.

Starting in the 1960s, the area was explored and drilled for oil deposits by various, mostly international minerals companies — including Hunt Oil — but by 1984 all of these companies had left empty-handed.

With advances in seismic surveying and drilling technology, hopes have been raised once again for a potential oil strike. Since 2006, new tenders for drilling rights have been issued.

In 2010, ExxonMobil and Todd Energy relinquished their exploration rights, citing technical difficulties and the harshness of the environment. Royal Dutch Shell subsequently purchased a stake in a joint venture headed by OMV New Zealand, with drilling announced at the start of 2014. In 2020, OMV plugged and abandoned the well after failing to find any oil. Anadarko Petroleum made a test drilling in the area in early 2014, without success. Schlumberger subsequently made a drilling attempt in the same areas later in the year.

References

Crown Minerals - Great South Basin Timeline
Bidding opens for oil and gas in Great South Basin
"Exxon Mobil abandons Great South Basin". New Zealand Herald. 11 October 2010.
"Shell-joins-southern-oil-hunt Shell joins southern oil hunt". BusinessDay.co.nz. 16 August 2011.
"Shell proceeds with Great South Basin drilling". Stuff. 7 January 2014.
"OMV comes up dry in Great South Basin". 20 February 2020.
^ "Greenpeace hits out at prospect plan". Radio New Zealand. 25 October 2014.

External links

47°06′S 169°42′E / 47.1°S 169.7°E / -47.1; 169.7

v t e Oceanic features of Zealandia
Major divisions	Western Province (North Zealandia) Eastern Province (South Zealandia)
Plateaux, ridges, and rises	Bellona Plateau Bounty Platform Campbell Plateau Challenger Plateau Chatham Rise Chesterfield Plateau Colville-Lau Ridge Dampier Ridge Fairway Ridge Hikurangi Plateau Kenn Plateau Lord Howe Rise Loyalty Ridge Mellish Rise Norfolk Ridge Northland Plateau Puysegur Ridge Resolution Ridge Three Kings Ridge West Norfolk Ridge
Troughs and trenches	Bellona Gap Bellona Trough Bounty Trough Havre Trough Hikurangi Trough New Caledonia Trough Puysegur Trench
Oceanic basins	Bellona Basin Campbell Basin Canterbury Basin Capel Basin Cato Basin Chatham Slope Dampier Basin Deepwater Taranaki Basin East Coast Basin Emerald Basin Fairway Basin Faust Basin Gower Basin Great South Basin Middleton Seafloor Basin Monowai Basin Moore Basin New Caledonia Basin Norfolk Basin Northeast Slope Northland Basin Outer Campbell Basin Pegasus Basin Pukaki Basin Raukumara Basin Reinga Basin South Fiji Basin South Loyalty Basin Taranaki Basin Wanganui Basin West Coast Basin
Seamounts	Banc Capel Brothers Seamount Clark Seamount Flinder's Seamount Gifford Guyot Graveyard Seamounts Havre Seamount James Healy Seamount Lord Howe Seamount Chain Monowai Seamount Rumble III Seamount Rumble IV Seamount Rumble V Seamount South Kermadec Ridge Seamounts Tangaroa Seamount Tasmantid Seamount Chain
Other	Alpine Fault Hikurangi Margin Kermadec Plate Maari oil field Macquarie fault zone Maui gas field Pohokura field

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