Oil and Gas Extraction in New Zealand - Market Research Report

Oil and Gas Extraction industry trends (2014-2019)

poll Average industry growth 2014–2019: -9.3%

Firms in the Oil and Gas Extraction industry mainly supply crude oil for export markets, or natural gas for domestic industrial, commercial and residential users. All of New Zealand's oil and gas extraction takes place in the Taranaki Basin, in the Taranaki region. The industry's small size on a global scale and concentration in one geographic area makes it feasible for a small number of firms to hold a large share of the market. As a result, the industry's major players, Todd Energy, OMV and Greymouth, make up the majority of industry revenue. Weak crude oil prices, particularly in 2015 and 2016, when oil prices fell sharply, have negatively affected the industry over the past five years. Crude oil exports have fallen over the period due to declini...
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Oil and Gas Extraction industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Oil and Gas Extraction industry is forecast to slightly decline over the next five years, and significantly in the longer term. The world price of crude oil is projected to slightly increase over the next five years, while the New Zealand dollar is forecast to appreciate against the US dollar. Overall, export revenue is anticipated to slightly decline, as locally extracted oil becomes less competitive. Industry profitability is projected to remain stable over the next five years. Crude oil imports are also forecast to rise over the period, as domestic demand for petroleum-based products increases. Furthermore, the ongoing shift away from gas-fired power stations, uncertainty regarding future capital expenditure and other structural issues are lik...
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Oil and Gas Extraction industry statistics

  • attach_money Market Size: $3bn
  • business Number of Businesses: 60
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 849

Biggest companies in the Oil and Gas Extraction industry

The companies holding the largest market share in the Oil and Gas Extraction in New Zealand industry include Todd Corporation Limited, OMV New Zealand Limited and Greymouth Petroleum Mining Group Limited.

  • pie_chart Todd Corporation Limited Market Share: x.x%
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  • pie_chart OMV New Zealand Limited Market Share: x.x%
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  • pie_chart Greymouth Petroleum Mining Group Limited Market Share: x.x%
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What is Oil and Gas Extraction industry?

Industry Definition

This industry comprises specialist retailers of bedroom furniture such as mattresses, beds, bedroom furniture, kids’ furniture, and bedding and manchester. Department stores and online-only retailers are excluded from the industry.

Industry Products and Services

  • Bed frames
  • Mattresses
  • Bedroom furniture
  • Bed linen and blankets
  • Other

Industry Activities

  • Bedroom furniture retailing
  • Mattress retailing
  • Manchester and bed linen retailing
  • Bed frame retailing

Market research report - table of contents

Industry Definition

Industry players extract gas and oil from deposits to produce crude oil or natural gas. The industry excludes firms that refine crude oil into petroleum-based products.

Main Activities

  • Crude oil extraction
  • Natural gas extraction
  • Petroleum gas extraction

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The world price of crude oil significantly affects industry revenue and profitability. A higher crude oil price usually leads to industry revenue gains, a...
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World price of crude oil
US dollars per New Zealand dollar
World production of oil
Demand from fossil fuel electricity generation

Current Performance

Oil and trade
Profit and participation
Regulation and decline
 Chart: Revenue Growth

Industry Outlook

Electricity generation
 Table: Oil and Gas Extraction in New Zealand - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Oil and Gas Extraction in New Zealand - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Gas Supply in New Zealand
Petroleum Product Wholesaling in New Zealand
Fossil Fuel Electricity Generation in New Zealand




Key Selling Industries

Mining Support Services in New Zealand
Pipeline Transport in New Zealand





Products & Services

The Oil and Gas Extraction industry derives revenue from extracting and selling oil and gas. Industry firms primarily mine oil and gas from offshore drill...
Energy generators
Export markets
Other markets
Domestic transport operators


Demand Determinants

A range of factors influence demand for oil and gas, including activity in primary industries, heavy manufacturing, transport, and commercial and resident...
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Major Markets

Energy generators
Export markets
Other markets
Domestic transport operators



 Chart: Major Market Segmentation for the Oil and Gas Extraction in New Zealand - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Oil and Gas Extraction industry is highly concentrated. The four largest operators are estimated to account for approximately 95% of industry revenue ...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Oil and Gas Extraction in New Zealand - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Oil and Gas Extraction in New Zealand - Market Research Report Industry

Industry Globalization

Todd Corporation Limited is a large family-owned New Zealand company with activities dating back to 1884. The company's operations span property developme...
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Todd Corporation

 Table: Todd Corporation - financial performance

OMV New Zealand

 Table: OMV New Zealand - financial performance

Greymouth Petroleum

 Table: Greymouth Petroleum - financial performance

Capital Intensity

The Oil and Gas Extraction industry is highly capital-intensive. In 2019-20, for every dollar spent as wages, an estimated $5.51 is invested in capital. I...
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 Chart: Level of Capital Intensity for the Oil and Gas Extraction in New Zealand - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Oil and Gas Extraction in New Zealand Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

CRUDE OIL

GEOTHERMAL

NATURAL GAS

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Oil and Gas Extraction industry?

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This report on Oil and Gas Extraction in New Zealand:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Oil and Gas Extraction in New Zealand market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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