Operating Approach

Taranaki Basin

Work Program


Operating Approach


NZEC’s operating approach includes:


  • Assembling a first-rate technical team with extensive in-country experience covering the full range of oil and natural gas skill sets;
  • Gaining access to a large geophysical database and continuing to add new 2D and 3D seismic data;
  • Introducing modern well drilling and completion technologies;
  • Meeting or exceeding health, safety and environmental protection standards;
  • Completing 2D and 3D seismic surveys to identify new targets and reduce exploration risk;
  • Focusing on multi-zone targets; 
  • Prioritizing exploration and production opportunities that are close to existing infrastructure, expediting tie-in and minimizing costs; and
  • Engaging with local communities and indigenous people to ensure everyone benefits as the projects advance.

We’re currently producing light, high-quality oil from seven wells in the Taranaki Basin, and executing a comprehensive development and exploration program to further increase production.