Great South Basin

OMV New Zealand has been active in the GSB since 2007 and has acquired 19,000 km of 2D seismic data and 4,820 sqkm of 3D seismic data. OMV’s seismic data is complemented by a comprehensive programme of geological, environmental and metocean studies. On 16 March 2018 OMV NZ further increased its interest in the GSB permit by acquiring all of the shares in the permit operator company from Shell.

In 2013, the JV committed to drill one exploration well, which is required to be drilled by July 2021.