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Future proofing data: Annual Report 2009-10 release
21 September 2010 - Crown Minerals released its 2009-2010 Annual Report today.
The annual report provides an update on a year-long project to enhance the world ranking Crown Minerals’ online exploration database.
“Quality and access of data saw the Fraser Institute recently give New Zealand a 2nd place ranking internationally for geological databases,” said Chris Kilby, Group Manager Crown Minerals.
“Over the last year there has been a major upgrade of software, new hardware, and a new data centre that will pave the way for future growth in demand for exploration data."
“It will also provide for more cost effective administration of the vast amount of information administered by Crown Minerals.”
Crown Minerals’ exploration database contains the geophysical and other exploration data permit holders are required to submit. After five years Crown Minerals makes the data freely available to others (or when acreage becomes available, if earlier).
Other highlights of the Annual Report include:
- In calendar year 2009, 37 oil and gas wells were drilled – 29 onshore and eight offshore.
- Oil production reached 19.6 million barrels from 18 producing oil fields.
- Gas production increased to 144.7 billion cubic feet of gas from 20 fields.
- The Tui field accounted for 33 percent of oil production and the Pohokura field 38 percent of gas production.
- Gold production totalled 13.44 tonnes at a value of $662.5 million, and silver production totalled 14.26 tonnes at a value of $10.61 million.
- In 2009, 12,058 kilometres of 2D seismic data and 1,151 square kilometres of 3D seismic data was acquired over New Zealand’s offshore basins.
- In 2009, there were 95 active petroleum permits and 681 active minerals permits.
- The petroleum industry spent $1,393 million dollars on prospecting, exploration and mining in 2009, and the minerals industry.
- Royalties and levies paid to Crown Minerals in financial year July 2009 to June 2010 total $450.65 million.
To view an online version of the Annual Report click the link below:
Annual Report 2009-2010 [1.94MB PDF]
To request a copy, please contact us...
Phone
- FREEphone (NZ Only) 0508 CMESTATE (0508 263 782)
- International Calls +64 3 962 6179
- Fax +64 4 471 018
Postal address
PO Box 1473
Wellington 6140
New Zealand
For more information contact: Tracy Dillimore, Senior Communications, Ministry of Economic Development, 021 451 617
Related links
2010 NZ Petroleum Conference - Recent Publications - Online Exploration Database
