Anadarko New Zealand Company
Anadarko has been actively engaged in New Zealand since 2008. We have established an office in Wellington and advanced exploratory programmes in both deepwater Taranaki and the Canterbury Basins where we expect to test 2-3 exploratory prospects in late-2013/14.
In December 2012, the New Zealand Government announced the awarding of two additional adjoining petroleum exploration permits to Anadarko in the Pegasus Basin, which is located Southeast of the Wairarapa. The next step here is to continue the extensive science work and desktop and geological surveys to gain a clear picture of the environment and the rock formations that exist thousands of feet below the seabed. All of the science requires a significant investment of time, and any testing of identified prospects would only occur years down the road, pending the results of our analysis.
While there is still a lot of exploration work and analysis to be done, we are optimistic about the potential our activities present for New Zealand’s future.
Among Anadarko’s core values is servant leadership, defined as placing the success of others above our own. This describes our approach to the sustainability of our operations. We look to extend success beyond our commercial interests, to our human interests, and we look forward to delivering real gains for New Zealand’s economy.
Leader in Deepwater Exploration
Anadarko is recognized worldwide for its leading deepwater exploration, production and project-management expertise. Leveraging leading-edge technology, Anadarko ranks in the top five for number of wells drilled in water depths greater than 1,500 meters and is the second most active driller in water depths greater than 2,300 meters over the last 10 years, according to IHS Energy. The company has been recognized on a number of occasions with technology awards from the Offshore Technology Conference (OTC) for achievements that include the world's first classic spar, truss spar and cell spar, as well as the world's deepest and largest natural gas processing facility at Independence Hub.
Commitment to Safety and the Environment
Conducting operations with the utmost care for safety and the protection of New Zealand’s unique environment is essential. In New Zealand, Anadarko has worked to engage stakeholders to gain a clear understanding of the environmental and cultural considerations of the areas and communities. Consistent with its approach to all international opportunities, the company creates a balanced plan to protect the locations in which it operates and applies the strictest of standards: the individual country’s regulations, our own policies and principles or international standards. Read more about Anadarko's commitment to safety and the environment on the New Zealand: Environment, Health and Safety page of our website.