Petroleum in New Zealand
New Zealand’s oil and gas industry is built on the back of early exploration and development dating back to the 1950s. The modern industry in New Zealand has a well-developed oil and gas infrastructure and a proactive globally-competitive oil and gas regime.
There has been oil and gas activity in New Zealand for more than 150 years.
The regulations affecting a petroleum permit differ according to the different phases of a permit.
Prospecting and exploration activities aim to identify the location and size of petroleum fields and whether extracting the resource is likely to be profitable.
Technical data and samples are managed by government and made publically available.
Historically, New Zealand's Māori indigenous people had knowledge of oil and gas, particularly from onshore seeps on the North Island's east coast.
The NZ Government has commenced work to manage the Tui oil field assets and plan for decommissioning of its wells.