Tectonostratigraphic development and hydrocarbon reservoir quality on a convergent margin: East Coast, North Island, New Zealand
Hydrocarbon exploration on the East Coast of the North Island has not yet yielded significant commercial reserves, even though the elements of a working petroleum system are all present (Field et al, 1997). Exploration has focussed on the shallow, Neogene part of the succession, built up during plate margin convergence over the last ∼24 million years. Convergent margins are generally characterised by low-total organic carbon (TOC) source rocks and poor clastic reservoir quality due to poor sorting and labile grains. However, the obliquely-convergent Hikurangi subduction margin of the East Coast has high TOC source rocks that pre-date the subduction phase, and its reservoir potential, though variable, has several aspects in its favour, namely: deep-water rocks of high porosity and permeability; preservation of pore space by overpressure; the presence of fractured reservoirs and hybrid reservoirs, where low clastic permeability is enhanced by fractures. The East Coast North Island is a Neogene oblique subduction margin, with Neogene shelf and slope basins that developed on Late Cretaceous-Paleogene passive margin marine successions. The main hydrocarbon source rocks are Late Cretaceous and Paleocene and the main reservoir potential is in the Neogene (Field et al, 2005). Miocene mudstones with good seal potential are common, as is significant over-pressuring. Neogene deformation controlled basin development and accommodation space and strongly-influenced lateral facies development and fractured reservoirs. Early to Middle Miocene thrusting was followed by later Neogene extension (e.g. Barnes et al 2002), with a return to thrusting in the Pliocene. Local wells have flow-tested gas shows.