NIWA helps reduce exploration risk
Mean current speed (metres per second) in the Great South Basin, from the NIWA regional ocean model.
The Ministry of Economic Development is about to put more petroleum exploration permit blocks in the Great South Basin up for offer. In preparation for the offer, the ministry contracted NIWA to produce detailed information on the marine weather and sea conditions of the region.
Gas has already been discovered in the Great South Basin, and two blocks are currently held by the Bounty Oil and Magellan companies.