Department of Labour New ZealandTe Tahi Mari

Haere Mai

Te Nga Kotu Te Nga Kotu

ICRARD Presentation 23.06.10

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New Zealand situated in The South West Pacific

Two Main Islands

One Other Island to the West

Australia

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4,000,000 People

70,000,000 Sheep

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One Sole RegulatorReview and Inspection

Responsible for Oil and Gas Drilling, Production, Geothermal &

Coal Seam Gas

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Little time for R & DHowever emphasis is placed on

Industry cooperation

Legislation and Regulation place most responsibility on the Operator

Oil and Gas is NZ’s 3rd biggest export earner

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Problems though are the same as displayed by others

Aging FacilitiesNew Operators

Increased ActivityUnder Resourced

Budget constraints

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Current ActivityOil & Gas100 Wells

3 Drilling Operations Offshore5 Drilling Rigs Onshore

3 FPSO’s5 Fixed Production Platforms & 7 Onshore

Facilities including Methanol and Ammonia Urea production

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Current Activity

Geothermal

4 Drillings Rigs500 Geothermal BoresMany Large Producers

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Current Activity

Coal Seam Gas5 Operators

7 Rigs70 Wells

Many More Planned

Te Tahi MariFuture

Work more closely with NOPSADevelop NOPSA Funding Model

( Industry Funding )Contribute to and utilise IRF and

ICRARD Membership Fully

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Kia Ora ( Thank You )