AUSTRALIA 2013 Offshore Petroleum Exploration Acreage Release RELEASE AREAS W13-4 AND W13-5, BARCOO SUB-BASIN, BROWSE BASIN, WESTERN AUSTRALIA HIGHLIGHTS BIDS CLOSE 22 May 2014 Under-explored areas of untested PermoTriassic tilted fault blocks and Cretaceous onlap plays Thick Lower–Middle Jurassic section with source potential Widespread minor oil and gas shows, small gas accumulation on Leveque Shelf at Psepotus 1, and inferred gas column at Arquebus 1ST1 Good seismic coverage, including multiple regional seismic grids and 3D seismic survey. Shallow to deep water depths, 60–1000 m Figure 1 Location of the 2013 Release Areas in the Barcoo Sub-basin of the Browse Basin Special Notices apply, refer to Guidance Notes. Release Areas W13-4 and W13-5 are located within the Barcoo Sub-basin, the southernmost depocentre of the Browse Basin, and extends onto the Leveque Shelf. W13-5 also overlies the Oobagooma Sub-basin of the offshore Canning Basin in the south and Rowley Sub-basin of the Roebuck Basin in the southwest. These under-explored areas span the continental shelf, with water depths ranging from 60 m to over 1000 m. The Barcoo Sub-basin is approximately 200 km long (northeast–southwest) by 130 km wide (northwest–southeast) and contains up to 12 km of Paleozoic to Cenozoic sedimentary strata. The most likely source of the hydrocarbons in this sub-basin is the Lower to Middle Jurassic Plover Formation. Hydrocarbons could also be sourced from PermoCarboniferous and Upper Triassic units in the Oobagooma and Rowley sub-basins, respectively. Miocene faultreactivation inversion anticlines along the margin of the Barcoo Sub-basin and Leveque Shelf provide structural traps, with an inferred hydrocarbon column at Arquebus 1 ST1. A gas accumulation was intersected in the lower Cretaceous drape over erosional basement highs on the Leveque Shelf at Psepotus 1, east of the 2013 Release Areas. AUSTRALIA 2013 Offshore Petroleum Exploration Acreage Release 1 Figure 2 Structural elements of the Barcoo Sub-basin showing petroleum fields and discoveries, the location of the regional cross-section and the 2013 Release Areas AUSTRALIA 2013 Offshore Petroleum Exploration Acreage Release 2 Figure 3 Stratigraphy and hydrocarbon discoveries of the Barcoo and Caswell Sub-basins based on the Browse Basin Biozonation and Stratigraphy Chart (Nicoll et al, 2009). Geologic Time Scale after Gradstein et al (2012). Seismic horizons used to define BB sequences (AGSO Browse Basin Project Team, 1997) and AGSO regional seismic horizons (AGSO, 2001) shown AUSTRALIA 2013 Offshore Petroleum Exploration Acreage Release 3 Figure 4 AGSO seismic line 119/02 across the Barcoo Sub-basin and Leveque Shelf (Geoscience Australia 2001/36). Location of the line is shown in Figure 2. Regional seismic horizons are shown in Figure 3 AUSTRALIA 2013 Offshore Petroleum Exploration Acreage Release 4 PETROLEUM SYSTEMS ELEMENTS Barcoo Sub-basin Sources Lower–Middle Jurassic fluvio-deltaic Plover Formation (potentially oil- and gas- prone) Upper Jurassic and Cretaceous marine Vulcan Formation (potentially oil-prone, but immature to marginally mature). Reservoirs Potential reservoirs Seals Lower–Middle Jurassic fluvio-deltaic Plover Formation Upper Jurassic marine Vulcan Formation Lower Cretaceous marine Echuca Shoals Formation Lower Cretaceous Jamieson Formation Upper Cretaceous Puffin Formation Regional Seals Upper Jurassic–-Lower Cretaceous marine Vulcan Formation Lower Cretaceous marine Echuca Shoals Formation Potential intraformational seals Upper Triassic, deltaic, Nome Formation Lower–Middle Jurassic Plover Formation Traps Carboniferous to Permian extensional fault-related structural traps Upper Triassic tilted fault blocks and associated anticlines Lower Cretaceous onlaps, erosional truncation seal and associated stratigraphic traps Miocene fault-reactivation anticlines INFRASTRUCTURE AND MARKETS The Release Areas are in proximity to the Torosa, Brecknock and Calliance gas fields proposed for LNG and condensate development. CRITICAL RISKS The potential absence of oil source rocks of suitable maturity is a risk in the Barcoo Sub-basin. The Upper Jurassic succession, the source rock for many North West Shelf oil accumulations, is thin or absent in the Browse Basin. The Lower Cretaceous succession that provides the charge for the oil fields on the Yampi Shelf is immature to marginally mature in the Barcoo Sub-basin. Evidence of gas at Arquebus1 ST1 and the gas accumulation at Psepotus 1, suggest that source, maturity and relative migration/trap timing are not critical risks for gas prospectivity in the Barcoo Sub-basin. However, fault-reactivation anticlines along the Barcoo Sub-basin boundary with the Leveque Shelf have resulted in a potential lack of up-dip lateral seal, and possible trap breach. AUSTRALIA 2013 Offshore Petroleum Exploration Acreage Release 5 DATA SETS For the Wells Data Listing go to http://www.petroleum-acreage.gov.au/2013/support/geo.html For the Seismic Surveys Listing go to http://www.ga.gov.au/energy/projects/acreage-release-and-promotion/2013.html#data-packages GEOSCIENCE AUSTRALIA PRODUCTS Regional Geology and Seismic Browse Basin High Resolution Seismic Study - North West Shelf, Australia - Interpretation Report, 1997. Australian Geological Survey Organisation Record 1997/38. GEOCAT 23689 Browse Basin Well Composites, 2005. GEOCAT 61819 Basement and Crustal Structure of the Bonaparte- Browse Basins, 2003. GEOCAT 41976 Interpreted Horizons and Faults for Seismic Surveys 119 and 130– Digital Horizon and Fault Data in ASCII format,2001. GEOCAT 35244 and 35248 respectively. Line Drawings of AGSO – Geoscience Australia’s Regional Seismic Profiles, Offshore Northern and Northwestern Australia, Australian Geological Survey Organisation Record 2001/36. GEOCAT 36353 Stratigraphy Browse Basin Biozonation and Biostratigraphy Chart No. 32, 2009.GEOCAT 65649 Petroleum Systems and Accumulations Hydrocarbon Migration and Seepage in the Timor Sea and Browse Basin North West Shelf Australia: An Integrated SAR, Geological and Geochemical Study, Australian Geological Survey Organisation Record 2001/11. GEOCAT 35246 Browse Basin Organic Geochemistry Study, North West Shelf, Australia, 1997, Australian Geological Survey Organisation Record 1997/57. GEOCAT 24474 Subsidence and Thermal History Modelling: New Insights into Hydrocarbon Expulsion from Multiple Petroleum Systems in the Browse Basin, 2003. GEOCAT 42156 Geoscience Australia Survey 267, Post Survey Report: Testing Natural Hydrocarbon Seepage Detection Tools on the Yampi Shelf, Northwestern Australia, Geoscience Australia Record 2005/15. GEOCAT 61717 Characterisation of Natural Gases from west Australian Basins. 2000. GEOCAT 33569 Hydrocarbon Generation and Expulsion from Early Cretaceous Source Rocks in the Browse Basin, North West Shelf, Australia: A Small Angle Neutron Scattering and Pyrolysis Study, Geoscience Australia Record 2007/04. GEOCAT 64144 Source Rock Time Slice Maps: Offshore Northwest Australia, 2004. GEOCAT 61179 Oils of Western Australia II: Regional Petroleum Geochemistry and Correlation of Crude Oils and Condensates from Western Australia and Papua New Guinea, 2005, Geoscience Australia and GeoMark Research. GEOCAT 37512 Contact Geoscience Australia’s Sales Centre for more information or to order these reports or products, phone 61 (0)2 6249 9966, email sales@ga.gov.au AUSTRALIA 2013 Offshore Petroleum Exploration Acreage Release 6 KEY REFERENCES AGSO, 2001—Line Drawings of AGSO – Geoscience Australia’s Regional Seismic Profiles, Offshore Northern and Northwestern Australia. Australian Geological Survey Organisation Record 2001/36. BENSON, J.M., BREALEY, S.J., LUXTON, C.W., WALSHE, P.F. AND TUPPER, N.P., 2004—Late Cretaceous ponded turbidite systems: a new stratigraphic play fairway in the Browse Basin. The APPEA Journal, 44(1), 269–285. BLEVIN, J.E., BOREHAM, C.J., SUMMONS, R.E., STRUCKMEYER, H.I.M. AND LOUTIT, T.S., 1998—An effective Lower Cretaceous petroleum system on the North West Shelf: evidence from the Browse Basin. In: Purcell, P.G. and Purcell, R.R. (eds), The Sedimentary Basins of Western Australia 2: Proceedings of the Petroleum Exploration Society of Australia Symposium, Perth, 1998, 397–420. BLEVIN, J.E., STRUCKMEYER, H.I.M., CATHRO, D.L., TOTTERDELL, J.M., BOREHAM, C.J., ROMINE, K.K., LOUTIT, T.S. AND SAYERS, J., 1998—Tectonostratigraphic framework and petroleum systems of the Browse Basin, North West Shelf. In: Purcell, P.G. and Purcell, R.R. (eds), The Sedimentary Basins of Western Australia 2: Proceedings of the Petroleum Exploration Society of Australia Symposium, Perth, 1998, 369–395 BISHOP, A. M., KEEP, M. AND LONGLEY, I. 1999—Neogene structural history of the Barcoo Sub-basin, Browse Basin, Western Australia. The APPEA Journal 39(1), 724. ELLIS, G.K., BAILLIE, P.W. AND MUNDON, T.L. (editors), 2004—Timor Sea Petroleum Geoscience. Proceedings of the Timor Sea Symposium, Darwin, Northern Territory, 19-20 June, 2003. Northern Territory Geological Survey, Special Publication 1. KEEP, M., BISHOP, A. AND LONGLEY, I., 2000—Neogene wrench reactivation of the Barcoo Sub-basin, Northwest Australia; implications for Neogene tectonics of the northern Australian margin. Petroleum Geoscience 6, 211–220. KENNARD, J.M., DEIGHTON, I., RYAN, D., EDWARDS, D.S. AND BOREHAM, C.J., 2004—Subsidence and thermal history modelling: new insights into hydrocarbon expulsion from multiple petroleum systems in the Browse Basin. In: Ellis, G.K., Baillie, P.W. and Munson, T.J. (eds), Timor Sea Petroleum Geoscience. Proceedings of the Timor Sea Symposium, Darwin, Northern Territory, 19–20 June 2003. Northern Territory Geological Survey, Special Publication 1, 411–435. KENYON, C.S., 2000—The petroleum systems and hydrocarbon potential of the deepwater outer Browse Basin, Northwest Shelf, Australia. Annual Meeting Expanded Abstracts - American Association of Petroleum Geologists 2000, 77. RADLINSKI, A.P., KENNARD, J.M., EDWARDS, D.S., HINDE, A.L. AND DAVENPORT, R., 2004—Hydrocarbon generation and expulsion from Early Cretaceous source rocks in the Browse Basin, North West Shelf, Australia; a small angle neutron scattering study. The APPEA Journal 44(1), 151–180. STRUCKMEYER, H.I.M., BLEVIN, J.E., SAYERS, J., TOTTERDELL, J.M., BAXTER, K. AND CATHRO, D.L., 1998— Structural evolution of the Browse Basin, North West Shelf; new concepts from deep-seismic data. In Purcell, P.G. and Purcell, R.R. (eds), The Sedimentary Basins of Western Australia 2: Proceedings of a PESA Symposium, Perth, 1988, 345–367. SYMONDS, P.A., COLLINS, C.D.N. AND BRADSHAW, J., 1994—Deep structure of the Browse Basin: Implications for basin development and petroleum exploration. In: Purcell, P.G. and Purcell, R.R. (eds), The Sedimentary Basins of Western Australia: Proceedings of the Petroleum Exploration Society of Australia Symposium, Perth, 1994, 315–331. WOODFINE, R. G., ROBERTS, A., KUSZNIR, N., MATTHEWS, S., BELOPOLSKY, A. AND STOVER, C., 2006—2-D basin modelling of three regional seismic profiles from Browse Basin, northwest Australia. American Association of Petroleum Geologists International Conference Abstracts 2006. WILLIS, I., 1988—Results of exploration, Browse Basin, North West Shelf, Western Australia. In: Purcell, P.G. and Purcell, R.R. (eds), The North West Shelf, Australia: Proceedings of the Petroleum Exploration Society of Australia Symposium, Perth, 1988, 259–272. 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