The Cretaceous-Tertiary Composite Total Petroleum System coincident Taranaki Basin Assessment Unit was recently assessed for undiscovered technically recoverable oil, natural gas, and natural gas liquids resources as part of the U.S. Geological Survey (USGS) World Energy Resources Project, World Oil and Gas Assessment. Using a geology-based assessment methodology, the USGS estimated mean volumes of 487 million barrels of oil, 9.8 trillion cubic feet of gas, and 408 million barrels of natural gas liquids.
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USGS Numbered Series
Assessment of undiscovered oil and gas resources of the Cretaceous-Tertiary Composite Total Petroleum System, Taranaki Basin Assessment Unit, New Zealand