PETROLEUM GEOLOGICAL SUMMARY RELEASE AREA W11-1 CASWELL SUB-BASIN, BROWSE BASIN, WESTERN AUSTRALIA Bids Close – 13 October 2011 Under-explored area adjacent to Gwydion, Prelude and Concerto discoveries and undeveloped fields including the giant Ichthys gas field and Cornea oil field. Proven structural and stratigraphic plays nearby, including Upper Jurassic to Lower Cretaceous drape on erosional basement highs on the Yampi Shelf, Jurassic horsts/tilted fault blocks and associated drape anticlines and Cretaceous submarine canyon fill, basin floor fans and ‘ponded’ turbidite stratigraphic traps. Organic-rich rocks with fair to moderate oil potential within the Plover Formation, Lower and Upper Vulcan formations, Echuca Shoals Formation as well as Lower and Upper Jamieson formations. Gas-prone, high-quality coals and pro-delta shales in the Lower-Middle Jurassic Plover Formation. Excellent reservoir and seal facies demonstrated. Planned development of a pipeline through Release Area to a new onshore LNG processing plant. Water depths 90-220 m. 2011 Release of Australian Offshore Petroleum Exploration Areas Release Area W11-1, Caswell Sub-basin, Browse Basin, WA Release Area Geology Page 1 of 20 LOCATION Release Area W11-1 is located in the Caswell Sub-basin, Prudhoe Terrace and Yampi Shelf of the Browse Basin, some 86 to 120 km off the northwest coast of Western Australia (Link to Browse Basin CASWELL Sub-basin Figure 1). Water depths vary from approximately 90 m in the inboard part to approximately 220 m in the outboard part. The Release Area is located adjacent to current offshore petroleum exploration permits and is situated some 40 km east of the Ichthys gas field (Caswell Sub-basin), 35 km east of the Prelude 1A discovery and 40 km southwest of the Cornea oil field (Yampi Shelf). No wells have been drilled in the Release Area, however, exploration wells Braveheart 1, Buccaneer 1 and Prudhoe 1 ST1 are less than 2 km from the Release Area. Release Area W11-1 comprises 40 full graticular blocks with a total area of approximately 3,320 km2 (Link to Browse Basin CASWELL Sub-basin Figure 2). Gas production facilities are currently being proposed for the Ichthys gas field and Prelude accumulation. Inpex have proposed the construction of a gas export pipeline from the Ichthys gas field to onshore facilities at Blaydin Point near Darwin in the Northern Territory. This pipeline will pass through the W111 Release Area (Inpex, 2008a). Proposed development of the Prelude gas accumulation by Shell includes what could be the world’s first operational floating LNG facility (Gas Today, 2010). 2011 Release of Australian Offshore Petroleum Exploration Areas Release Area W11-1, Caswell Sub-basin, Browse Basin, WA Release Area Geology Page 2 of 20 RELEASE AREA GEOLOGY Local Tectonic Setting The Caswell Sub-basin is the northernmost major depocentre of the Browse Basin and contains up to 15 km of Paleozoic to Cenozoic sediments (Struckmeyer et al, 1998; Link to Browse Basin CASWELL Sub-basin Figure 3). The southeastern margin of the sub-basin is underlain by shallow basement, which is typically highly eroded with a distinct, rugose palaeotopographic relief and is onlapped by Permian to Mesozoic sediments (Struckmeyer et al, 1998). This area is termed the Yampi Shelf in the central and northern parts of the basin (Link to Browse Basin CASWELL Sub-basin Figure 3) and the Leveque Shelf to the south (Hocking et al, 1994). The basinward boundary of the Leveque and Yampi shelves is defined by a ‘hinge’ where the dip of the basement changes from relatively flat lying to gently basinward-dipping, beyond which lies the Prudhoe Terrace, a fault-bounded terrace at intermediate depth (Link to Browse Basin CASWELL Sub-basin Figure 3);Struckmeyer et al, 1998). The Caswell Sub-basin is bounded to the west by a major north to north-northeast trending structural zone, the BuffonScott Reef-Brecknock Anticlinal Trend (Link to Browse Basin CASWELL Subbasin Figure 3). This outer high trend passes westward into the deep water of the Scott Plateau, the inboard (eastern) portion of which is underlain by the Seringapatam Sub-basin (Hocking et al, 1994). Structural Evolution and Depositional History of the Sub-basin The lithostratigraphic scheme used herein is based on the Browse Basin Biozonation and Stratigraphy Chart (Nicoll et al, 2009) and is tied to the Geologic Time Scale 2004 (Gradstein et al, 2004). The compartmentalisation of the Browse Basin into the distinct sub-basins resulted from the Mississippian to Cisuralian (Late Carboniferous to Early Permian) extensional phase (Symonds et al, 1994; Struckmeyer et al, 1998). In the Caswell Sub-basin, structures resulting from this extensional phase controlled the distribution and nature of the sedimentary fill and the location of subsequent reactivation events (Struckmeyer et al, 1998). The Carboniferous section in the Caswell Sub-basin is dominated by fluviodeltaic sediments, while the Cisuralian sediments (mainly limestones and shales) were deposited in a marine environment. The higher Permian section consists of sandstones grading into shales and limestones (Link to Browse Basin CASWELL Sub-basin Figure 4). The oldest Triassic rocks intersected in the Caswell Sub-basin are marine claystones, siltstones and volcaniclastic sediments that were deposited during a regional Early Triassic marine transgression (Link to Browse Basin CASWELL Sub-basin Figure 4). Permian and Lower Triassic rocks were intersected near the Release Area at Echuca Shoals 1. Overlying Triassic rocks include fluvial and marginal to shallowmarine sandstones, limestones and shales (Link to Browse Basin CASWELL Sub-basin Figure 4). 2011 Release of Australian Offshore Petroleum Exploration Areas Release Area W11-1, Caswell Sub-basin, Browse Basin, WA Release Area Geology Page 3 of 20 The Permo-Triassic thermal subsidence (sag) phase was terminated by compressional reactivation in the Late Triassic to Early Jurassic, resulting in partial inversion of Paleozoic half-graben and the formation of large scale anticlinal and synclinal features within their hanging walls (Link to Browse Basin CASWELL Sub-basin Figure 3). This event is marked by a regional unconformity through the Release Area (Trmid seismic horizon; Link to Browse Basin CASWELL Sub-basin Figure 4 and Link to Browse Basin CASWELL Sub-basin Figure 5) that is correlated with the Fitzroy Movement in the Canning and Bonaparte basins (Etheridge and O’Brien, 1994). The Early to Middle Jurassic extensional phase resulted in widespread smallscale faulting and the collapse of the Triassic anticlines. Extensional faulting was concentrated in the northeastern part of the Caswell Sub-basin and along the adjacent outer margin of the Prudhoe Terrace (Link to Browse Basin CASWELL Sub-basin Figure 3); Struckmeyer et al, 1998). The Lower–Middle Jurassic syn-rift sediments (Plover Formation) comprise sandstones, mudstones and coals (Link to Browse Basin CASWELL Sub-basin Figure 4) that accumulated in deltaic and coastal-plain settings. Widespread erosion and peneplanation in the Callovian coincided with continental breakup and the initiation of sea-floor spreading in the Argo Abyssal Plain. From the Late Jurassic to the Cenozoic, accommodation space was controlled by the interplay of thermal subsidence, minor reactivation events and eustasy. Upper Jurassic interbedded sandstones and shales (Link to Browse Basin CASWELL Sub-basin Figure 4) onlap and drape the preCallovian structures, providing a thin, regional seal across much of the subbasin (Link to Browse Basin CASWELL Sub-basin Figure 4 and Link to Browse Basin CASWELL Sub-basin Figure 5). An overall transgressive cycle began in the Early Cretaceous and peaked in the mid-Turonian, with open marine conditions established throughout the sub-basin by the Aptian (Link to Browse Basin CASWELL Sub-basin Figure 4). Thick marine claystones deposited during this interval (Echuca Shoals and Jamieson formations) provide a regional seal in the Release Area (Link to Browse Basin CASWELL Sub-basin Figure 4 and Link to Browse Basin CASWELL Sub-basin Figure 5) and contain potential source rocks, with particularly high total organic carbon (TOC) values recorded at the maximum flooding surfaces of several Early Cretaceous transgressive cycles (Blevin et al, 1998a). The Turonian–Cenozoic section represents a major progradational (regressive) cycle in which the shelf edge migrated northwestwards to the outer limits of the Buffon–Scott Reef–Brecknock Anticlinal Trend. The development of submarine canyons on the Yampi Shelf and deposition of turbidite mounds within the central Caswell Sub-basin occurred during the middle to late Campanian (Benson et al, 2004). Inversion in the Late Miocene occurred as a result of the convergence of the Australia-India and Eurasia plates (Shuster et al, 1998). 2011 Release of Australian Offshore Petroleum Exploration Areas Release Area W11-1, Caswell Sub-basin, Browse Basin, WA Release Area Geology Page 4 of 20 EXPLORATION HISTORY The Caswell Sub-basin is well explored and hosts significant discoveries of gas, condensate and to a lesser extent, oil. Five gas fields have been discovered in the Caswell Sub-basin, but remain undeveloped: Torosa (Scott Reef), Brecknock, Calliance (Brecknock South), Ichthys (Brewster) and Crux. There are also several other gas discoveries in the Caswell Sub-basin (Abalone 1 ST1, Adele 1, Argus 1, Columba 1A ST1, Concerto 1, Echuca Shoals 1, Kaleidoscope 1, Marabou 1 ST1 and Prelude 1A) as well as both oil and gas discoveries in Caswell 2 ST2. Gas shows and/or oil shows have been found in several other wells in the Caswell Sub-basin. The Yampi Shelf hosts a significant discovery of oil and gas in the undeveloped Cornea field. There are additional oil and gas discoveries on the Yampi Shelf at Gwydion 1 and Focus 1. An oil discovery was made at Sparkle 1 (near Cornea oil field) and a gas discovery was made at Caspar 1A (near Gwydion 1), which also has an oil show. The Release Area has no exploration wells and is only lightly explored. However, exploration wells Braveheart 1, Buccaneer 1 and Prudhoe 1 ST1 are less than 2 km from the Release Area. Exploration wells were drilled near the Release Area during the 1970s: Rob Roy 1 (1972), Yampi 1 (1973) and Londonderry 1 (1973), along the basin margin faults of the Yampi Shelf; and Heywood (1974) and Prudhoe 1 ST1 (1974) in the central Caswell Sub-basin (Link to Browse Basin CASWELL Sub-basin Figure 1). Oil shows were found in Yampi 1 (1973) within the Callovian sequence (Lower Vulcan Formation; Link to Browse Basin CASWELL Sub-basin Figure 4). Yampi 2 was drilled 860 m northeast of Yampi 1 in 1994 and reported oil shows in the Lower Vulcan Formation (reported as the Montara Formation equivalent) as well as the Plover Formation. Drilling of Heywood 1 (1974) resulted in high gas readings and traces of live oil encountered in the Lower Cretaceous to Lower Jurassic sequence (Echuca Shoals and Upper Vulcan formations). During the 1980s, a significant discovery was made near the Release Area in the central Caswell Sub-basin at Echuca Shoals 1 (1983; Link to Browse Basin CASWELL Sub-basin Figure 1). Log interpretation of Echuca Shoals 1 indicated gas in separate reservoirs within the Upper Jurassic (Tithonian) Upper Vulcan Formation and in the Lower Cretaceous (Berriasian) Brewster Member (Willis, 1988). In the late 1990s, the testing of stacked Lower Cretaceous seismic amplitudes near the Release Area on the Yampi Shelf lead to the Gwydion 1 (1995) oil and gas discovery, the Cornea oil and gas discovery (1996-1997) and the Caspar 1A (1998) gas discovery (Link to Browse Basin CASWELL Sub-basin Figure 1). Gwydion 1 (1995) discovered oil/gas-bearing zones in Barremian to Albian shallow marine sandstones (Echuca Shoals and Upper Jamison formations) draped over a prominent basement high (Spry and Ward, 1997). The Cornea 1, 1B and 2 wells (1996-1997) encountered a 25 m gas column overlying an 18 m oil column in the base Albian reservoir sequence (Ingram et 2011 Release of Australian Offshore Petroleum Exploration Areas Release Area W11-1, Caswell Sub-basin, Browse Basin, WA Release Area Geology Page 5 of 20 al, 2000; Upper Heywood Formation; Link to Browse Basin CASWELL Subbasin Figure 4). Caspar 1A discovered gas accumulations and oil shows in the Lower Cretaceous sandstones (Echuca Shoals Formation; Link to Browse Basin CASWELL Sub-basin Figure 4). The reservoir facies for these wells were encountered in less than 1,000 mRT. Significant gas discoveries were made in the central Caswell Sub-basin in 2000 with the drilling of Titanichthys 1, Dinichthys 1 and Gorgonichthys 1 on the Brewster structure (Link to Browse Basin CASWELL Sub-basin Figure 1). Appraisal drilling in the Ichthys gas field was completed in 2003–2004 (Ichthys 1A, Ichthys 2A ST2 and Ichthys Deep 1; Link to Browse Basin CASWELL Sub-basin Figure 1). Here, gas is primarily reservoired within the Upper Vulcan Formation (Brewster Member) and the Plover Formation. Gas was also encountered within Callovian sandstones (reported as Ichthys Formation, renamed Montara Formation; (Link to Browse Basin CASWELL Sub-basin Figure 1) and in basal Oxfordian sandstones of the Lower Vulcan Formation (Ban and Pitt, 2006; Link to Browse Basin CASWELL Sub-basin Figure 4). Drilling continued in this region in 2007–2008 with Dinichthys North 1 and Ichthys West 1 (DoIR, 2008a, b). During this period, Mimia 1 (2008) recorded a 72 m gas column, confirmed as a gas and condensate discovery by subsequent production testing (Inpex, 2008b). Shell Development (Australia) Pty Ltd drilled twelve exploration wells (Prelude 1, Prelude 1A, Gigue 1, Bouree 1, Bouree 1A, Rigaudon 1, Tocatta 1, Rondo 1, Trio 1, Fortissimo 1, Intermezzo 1, Minuet 1, Concerto 1 and Crescendo 1) in this region during 2007–2009 (Link to Browse Basin CASWELL Sub-basin Figure 1) .Shell reported that Prelude 1A, Fortissimo 1, Concerto 1, Intermezzo 1 and Minuet 1 were discoveries (DoIR, 2007, 2008a, 2009). Nexus Energy Ltd (2007) reported that the Fossetmaker 1 appraisal well (Link to Browse Basin CASWELL Sub-basin Figure 1), drilled on the Echuca Shoals structure 7 km east-northeast of Echuca Shoals 1 and 6 km northwest of the Release Area reached a total depth of 3,822 m in September 2007. Wireline logs indicate the well encountered a 10 m tight gas interval with a low net to gross at a depth just below the 70 m main gas column seen in the Echuca Shoals 1 well. Nexus Energy Ltd (2007) reported that further studies will be required to assess the commercial implications of this result for the Echuca Shoals gas accumulation. In December 2009–January 2010, Braveheart 1 was drilled 1.3 km east of the Release Area and approximately 34 km southwest of and along trend from the Cornea field (Link to Browse Basin CASWELL Sub-basin Figure 1). The well encountered the targeted Barremian submarine fans (Echuca Shoals Formation) over a gross interval of 30 m, of which 22.7 m of the net porous sands had an average total porosity of 28.7%. Wireline formation testing showed residual hydrocarbons in the top ~4 m of the targeted sandstone reservoir (Exoil Limited FPO, 2010a). 2011 Release of Australian Offshore Petroleum Exploration Areas Release Area W11-1, Caswell Sub-basin, Browse Basin, WA Release Area Geology Page 6 of 20 Well Control There are currently no wells drilled in the Release Area. However, a number of wells have been drilled in adjacent petroleum permits, including Braveheart 1, Buccaneer 1 and Prudhoe 1 ST1 which are less than 2 km from the Release Area (Link to Browse Basin CASWELL Sub-basin Figure 1). The Release Area is also located some 40 km east of the Ichthys gas field (Caswell Sub-basin), 35 km east of the Prelude 1A discovery and 40 km southwest of the Cornea oil field (Yampi Shelf; Link to Browse Basin CASWELL Sub-basin Figure 1). Rob Roy 1 (1972) Rob Roy 1 targeted a possible carbonate buildup on an anomalous dip zone. The well intersected Cenozoic-Lower Jurassic and Lower Permian sediments and bottomed in Proterozoic quartzite basement. No carbonate buildup was penetrated and the anomalous dip zone was found to be the pre-Jurassic erosional surface. No significant hydrocarbon shows were recorded in this well. Yampi 1 (1973) Yampi 1 was drilled on a well defined easterly trending, Permo-Triassic fault controlled anticline. The well penetrated a sedimentary and volcanic succession ranging in age from Holocene to Early Permian. Numerous minor hydrocarbon shows were recorded during drilling but Formation Interval Tests (FITs) carried out over the intervals with the best shows produced only water and mud. Traces of residual oil were extracted during core analysis of a core cut in the Montara Sands (Lower Vulcan Formation; Link to Browse Basin CASWELL Sub-basin Figure 4). The well was plugged and abandoned at a total depth of 4,176 mRT in Lower Permian sediments. Heywood 1 (1974) Heywood 1 was drilled to evaluate the hydrocarbon potential of a Permo/Triassic-Middle Jurassic horst block. The well penetrated a sedimentary section ranging in age from Holocene to Early Jurassic. High gas readings and traces of live oil were encountered in the Lower Cretaceous to Lower Jurassic succession. Two wireline formation tests (FITs) were run to test Kimmeridgian-Oxfordian and Hauterivian-Berriasian sandstones, but no hydrocarbons were recovered. Good oil shows in the Lower-Middle Jurassic section could not be tested due to mechanical problems. Prudhoe 1 ST1 (1974) Prudhoe 1 ST1 was drilled to test a seismically defined fault block on the inner margin of the basin. The well penetrated a sedimentary succession ranging in age from Pliocene-Middle Miocene to Lower Permian. No significant hydrocarbons were encountered and wireline logs indicated that the sandstones are 100% water saturated. Echuca Shoals 1 (1984) Echuca Shoals 1 was designed to test multiple objectives. Shallower targets were Barremian-Tithonian sandstones (Echuca Shoals and Upper Vulcan formations) and Middle Jurassic sandstones (Plover Formation) above a horst 2011 Release of Australian Offshore Petroleum Exploration Areas Release Area W11-1, Caswell Sub-basin, Browse Basin, WA Release Area Geology Page 7 of 20 block. Deeper objectives were sandstones within a Permo-Triassic horst block. The well encountered gas in two separate reservoirs within the Tithonian? (and Berriasian?) section. RFT data implied a gas column of 17.5 m net pay averaging 12% porosity for the upper sand and 23.7 m net pay averaging 15.1% for the lower sand. No detailed testing was conducted and the well was plugged and abandoned as a gas discovery. Browse Island 1(1986) Browse Island 1 was drilled to determine the thickness and interval velocity of the surface reef associated with Browse Island. The well was drilled to assist identification of the pull-up effect of a deeper, seismically defined structure beneath the island. The well was plugged and abandoned at a total depth of 405.5 mRT in a Late Pliocene fossiliferous limestone grading to wackestone. Buccaneer 1 (1990) Buccaneer 1 was drilled to test Middle-Upper Jurassic Plover and Lower Vulcan Formation fluvio-deltaic sandstones in a fault controlled roll-over closure on the downthrown side of the basin margin fault. The primary Middle Jurassic objective was absent immediately below the main unconformity. However, fair hydrocarbon shows were encountered in the Upper Vulcan Formation (Tithonian-Berriasian) and the Middle Triassic (Pollard Formation), consistent with the presence of residual oil. Yampi 2 (1994) Yampi 2 was drilled on the Yampi structure, 860 m south southeast of Yampi 1 well, to follow-up hydrocarbon shows reported in the Yampi 1 well. Significant hydrocarbon indications were observed during drilling the Montara Sands (Lower Vulcan Formation; Link to Browse Basin CASWELL Sub-basin Figure 4) and a core was cut. No significant direct fluorescence was noted and only very slow crush cut fluorescence was observed in the core. Minor hydrocarbon shows were noted in the Plover Formation and an RFT only recovered mud and water. Log interpretation estimates high water saturation throughout both zones indicating the hydrocarbons are immobile. The well was plugged and abandoned at a total depth of 3,321 mRT terminating in volcanics within the Lower Plover Formation. Gwydion 1 (1995) Gwydion 1 tested a series of stacked Lower Cretaceous seismic amplitude anomalies draped over a prominent basement high. Three separate gas reservoirs, ranging in thickness from 4-6 m, were intersected in Albian to Aptian glauconitic sandstones. An RFT program consisting of pretests and samples confirmed the presence of gas in each of these reservoirs. A deeper gas-oil reservoir was also encountered. This lowermost hydrocarbon zone is Hauterivian–Barremian in age and consists of 9.5 m net oil-filled sandstone 6 m of net gas-filled glauconitic sand (Spry and Ward, 1997). The reservoirs were encountered in shallow depths between 675-809 mRT. The well has validated a new Lower Cretaceous drape (over basement) play on the Yampi Shelf that is dependent on long distance oil migration from the Browse Basin depocentre (this play was subsequently extended by the Cornea discovery wells). Oil recovered at both Gwydion 1 2011 Release of Australian Offshore Petroleum Exploration Areas Release Area W11-1, Caswell Sub-basin, Browse Basin, WA Release Area Geology Page 8 of 20 and the Cornea Field indicate that the late gas charge in the Browse Basin has not excluded oil from all traps. The Cornea field is located some 40 km northeast of the Release Area. Exploration on the Yampi Shelf resulted in the discovery of oil and gas accumulations at Cornea 1 and 1B in 1997 by Shell. These wells tested a direct hydrocarbon indication (DHI) supported closure within Albian sandstones, within a large, northeast-trending, elongate drape anticline over a highly eroded rugose basement (Ingram et al, 2000). Small quantities of oil and gas were recovered from the Albian section during wireline formation tests (FITs) in Cornea 1 and oil only was recovered from Cornea 1B, but no production tests were attempted. Cornea 1 and 1B established the presence of a minimum 25 m gas column and a minimum 18 m oil column in the Albian sandstone reservoir (Ingram et al, 2000). Subsequent drilling and re-appraisal of the shallow Cornea field (<900 mRT) suggested that fundamental development problems existed due to: the thin, laterally discontinuous oil rim; the low API gravity and relatively high viscosity of the oil; the low effective porosity and permeability of the reservoir; the likely rapid gas breakthrough during production; and partial degradation of the oil (Ingram et al, 2000). Cornea 3 was drilled in 2009 and penetrated exploration targets in the upper and lower Jamison Formation (Upper and Lower Heywood formations; Link to Browse Basin CASWELL Sub-basin Figure 4). An oil column of 20.4 m was intersected in the top Middle Albian reservoir sand (Lower Vulcan Formation) between 788-808.4 mRT. Pressure testing results have established oil and water gradients and the free water level. High quality log data implies an average effective free fluid porosity of 16.4% and an average inferred permeability of 100 mD for the reservoir (Exoil Limited FPO, 2010b). Caspar 1A (1998) Caspar 1A was drilled to test a small drape closure within sandstones of the Echuca Shoals Formation overlying basement. Logs and MDT sampling indicate a 5 m gas column between 978-983 mRT in low porosity sandstones underlain by traces of residual biodegraded oil, believed to represent an earlier hydrocarbon charge. No hydrocarbons were encountered in other potential reservoir facies of the Echuca Shoals Formation in the well, indicating that migration across the Yampi Shelf is potentially complex and possibly restricted to specific carrier beds. The giant Ichthys gas field is located some 40 km west of the Release Area (Inpex, 2008b). The exploratory wells Brewster 1A ST1 (1980), Dinichthys 1 (2000) and Gorgonichthys 1 (2000) resulted in gas discoveries. Gas is primarily reservoired within the Brewster Member of the Upper Vulcan Formation and within the Plover Formation. Gas was encountered within Callovian sandstones (Montara Formation; Link to Browse Basin CASWELL Sub-basin Figure 4) and in basal Oxfordian sandstones of the Lower Vulcan Formation (Ban and Pitt, 2006). Fossetmaker 1 (2007) Fossetmaker 1 was drilled on the Echuca Shoals structure, 7 km eastnortheast of Echuca Shoals 1. Wireline logs indicated a 10 m tight gas interval 2011 Release of Australian Offshore Petroleum Exploration Areas Release Area W11-1, Caswell Sub-basin, Browse Basin, WA Release Area Geology Page 9 of 20 with a low net to gross at a depth just below the 70 m main gas column seen in the Echuca Shoals 1 well (Nexus Energy Ltd, 2007). The well was plugged and abandoned at a total depth of 3,822 mRT. Detailed results of the well have not been released. Prelude 1A (2007) Prelude 1A was drilled to evaluate the hydrocarbon potential of a dip-closed structure east of the Ichthys field. The well penetrated a sedimentary succession and encountered hydrocarbons. Drill stem testing (DST) flowed 26.5 MMscfd of gas and 1,080 stbd of condensate at depth interval 4,145.54,233 mRT. The well was plugged and abandoned at a total depth of 4,361 mRT in a claystone. Detailed results of the well have not been released. Braveheart 1 (2010) Braveheart 1 targeted Barremian submarine fans within the Echuca Shoals Formation. The well encountered the targeted sandstone reservoir over a gross interval of 30 m, of which 22.7 m of net porous sands had an average total porosity of 28.7%. Wireline formation testing showed residual hydrocarbons in the top ~4 m of the reservoir interval. (Exoil Limited FPO, 2010a). The well validated the depositional model relied upon to support the presence of a high quality reservoir interval. Detailed results of the well have not been released. For further details regarding wells and available data follow this link: http://www.ret.gov.au/Documents/par/data/documents/Data%20list/data%20li st_caswell_AR11.xls 2011 Release of Australian Offshore Petroleum Exploration Areas Release Area W11-1, Caswell Sub-basin, Browse Basin, WA Release Area Geology Page 10 of 20 Data Coverage The Release Area has been covered by a broad grid of reconnaissance seismic lines. To view image of seismic coverage follow this link: http://www.ga.gov.au/energy/projects/acreage-release-andpromotion/2011.html#data-packages The data is of varying vintage and quality – the 1970s data is of poor quality but the later data, acquired in the 1990s, is generally of fair to good quality. The Braveheart 2D M.S.S. (2005) consisted of 1,353 line km of 2D seismic data over 39 lines across the Release Area and two permits WA-333-P and WA-342-P. Line spacing was 1–15 km (line density is greatest to the NE in the Release Area) and the survey included well tie lines to Prudhoe 1, Buccaneer 1, Rob Roy 1 and the Cornea field wells. The Braveheart Infill 2D M.S.S. (2008) acquired a further 770 line km of new infill 2D seismic across the Release Area and part of WA-333-P. This seismic survey will become open file in November 2011. WesternGeco acquired the Adele Trend speculative 3D seismic survey (Phase I and Phase II) in 2001. These surveys were acquired across several blocks including the northern edge of the Release Area (WesternGeco, 2010). The Release Area also falls within the boundaries of the North West Shelf Digital Atlas (North West Shelf Digital Atlas, 2010). 2011 Release of Australian Offshore Petroleum Exploration Areas Release Area W11-1, Caswell Sub-basin, Browse Basin, WA Release Area Geology Page 11 of 20 PETROLEUM SYSTEMS AND HYDROCARBON POTENTIAL Table 1: Petroleum Systems Elements Summary Lower–Middle Jurassic Plover Formation (oil and gas prone) Callovian–Valanginian Lower and Upper Vulcan formations (oil prone) Sources Valanginian–Aptian Echuca Shoals Formation (oil prone) Aptian–Cenomanian Lower and Upper Jamieson formations (oil prone) Multiple stratigraphic levels within: Jurassic – Plover Formation (fluvio-deltaic) Reservoirs Cretaceous – Upper Vulcan Formation, Echuca Shoals Formation, Lower and Upper Jamieson formations (shallow marine sandstones, submarine fans and ’ponded’ turbidite mounds) Upper Jurassic-Lower Cretaceous Vulcan Formation claystones (regional seal) Seals Lower Cretaceous Echuca Shoals Formation claystones (regional seal) Intra-formational Lower–Middle Jurassic Plover Formation shales Upper Jurassic to Lower Cretaceous drape of erosional basement highs on the Yampi Shelf Play Types Jurassic horsts/tilted fault blocks and associated drapes Cretaceous submarine canyon fill, basin floor fans and ‘ponded’ turbidite stratigraphic traps Play Types and Migration The potential play types in the Release Area W11-1, include Upper Jurassic to Lower Cretaceous drape on erosional basement highs on the Yampi Shelf, Jurassic horsts/tilted fault blocks and associated drape anticlines and Cretaceous submarine canyon fill, basin floor fans and ‘ponded’ turbidite stratigraphic traps (Link to Browse Basin CASWELL Sub-basin Figure 5). Hydrocarbon accumulations have been encountered near the Release Area 2011 Release of Australian Offshore Petroleum Exploration Areas Release Area W11-1, Caswell Sub-basin, Browse Basin, WA Release Area Geology Page 12 of 20 W11-1 in both structural and stratigraphic plays in the Caswell Sub-basin and Yampi Shelf. These play types include Upper Triassic faulted anticlines (e.g. Crux 1), Jurassic horsts/tilted fault blocks and associated drape anticlines (e.g. Yampi 1 and 2) , Lower Cretaceous drape on erosional basement highs on the Yampi Shelf (e.g. Gwydion 1, Caspar 1A, Cornea field) and Cretaceous submarine canyon fill, basin floor fans and ‘ponded’ turbidite stratigraphic traps (e.g. Braveheart 1). The Release Area W11-1 has the potential to be on the migration pathway of known petroleum systems. Significant quantities of oil and gas have migrated within the Caswell Sub-basin and from the Caswell Sub-basin to the Yampi Shelf, as evident by the Ichthys gas field, Cornea oil field and other hydrocarbon discoveries and major shows. Gwydion 1 validated a Lower Cretaceous drape (over basement) play on the Yampi Shelf that is dependent on long distance oil migration from Caswell Sub-basin depocentres. This play was subsequently extended by the Cornea discovery wells. Oil recovered at both Gwydion 1 and the Cornea Field indicate that the late gas charge in the Browse Basin has not excluded oil from all traps. Multiple indications of hydrocarbon seepage on the Yampi Shelf (including synthetic aperture radar, airborne laser fluorescence, water-column sniffer and seismic amplitude effects) confirm the oil and gas expulsion and migration (O’Brien et al, 2000). However, migration across the Yampi Shelf is potentially complex and possibly restricted to specific carrier beds as demonstrated in Caspar 1A where hydrocarbons were only encountered in one of multiple reservoir facies of the Echuca Shoals Formation. Source Rocks Potential source rocks near and in the Release Area W11-1 exist in multiple stratigraphic levels within the Plover Formation (Lower-Middle Jurassic), the Lower and Upper Vulcan formations (Middle-Upper Jurassic), the Echuca Shoals Formation (Early Cretaceous) and the Lower and Upper Jamieson formations (Early Cretaceous; Blevin et al, 1998a, 1998b, Kennard et al, 2004). A comprehensive assessment of the source rock potential of the Browse Basin was undertaken by Boreham et al (1997) and the results summarised by Blevin et al (1998a, 1998b), which include generalised distribution maps of the Upper Jurassic-Lower Cretaceous source units. These studies recognised organic-rich rocks with fair to moderate oil potential at multiple stratigraphic levels within the Permian–Lower Cretaceous section and that some local, thin, high-quality coals and pro-delta shales occur within the Lower–Middle Jurassic, fluvio-deltaic Plover Formation. However, hydrocarbons generated from the fluvio-deltaic Plover Formation are likely to be dominated by gas rather than oil (Blevin et al, 1998b). The Lower-Middle Jurassic Plover Formation is very thick near the Release Area W11-1 (Link to Browse Basin CASWELL Sub-basin Figure 5) and is intersected near the Release Area in Rob Roy 1 (Link to Browse Basin CASWELL Sub-basin Figure 3). The Plover Formation is dominated by fluviodeltaic facies, including pro-delta shales and coastal plain shaly coals that have significant source potential (Blevin et al, 1998b). Kerogen kinetics data 2011 Release of Australian Offshore Petroleum Exploration Areas Release Area W11-1, Caswell Sub-basin, Browse Basin, WA Release Area Geology Page 13 of 20 shows that the Plover Formation source sediments within the Prudhoe Terrace are mature for oil and wet-gas generation (Kennard et al, 2004). The Callovian-Tithonian Lower Vulcan Formation (Middle-Upper Jurassic) experiences localised thickening of the potential source units near and in the Release Area W11-1 (Blevin et al, 1998a; Link to Browse Basin CASWELL Sub-basin Figure 5). On the Prudhoe Terrace, the Lower Vulcan Formation consists of stacked sequences of fluvial to marine shelf sediments. Thick sections of Lower Cretaceous potential source sediments (Echuca Shoals to Upper Jamieson formations) occur within the Release Area (Blevin et al, 1998a; Link to Browse Basin CASWELL Sub-basin Figure 5) and contain mixed marine and terrestrial organic matter with moderate to good source potential (Blevin et al, 1998a). Pyrolysis data also suggests that these potential source sediments have liquids potential (HI=150–350 mgH/gTOC; Kennard et al, 2004, table 1). Oil-source correlations have also been established between the Cornea-Gwydion oils/stains and marine organic matter in the Lower Cretaceous Echuca Shoals Formation (Valanginian S. areolate and Barremian lower M. australis dinoflagellate zones; Boreham et al, 1997; Blevin et al, 1998a). Reservoirs and Seals Reservoir facies are best developed within the fluvio-deltaic Lower–Middle Jurassic Plover Formation as well as shallow marine sandstones, submarine fans and ’ponded’ turbidite mounds of Tithonian, Berriasian, Barremian, Aptian and Albian ages (Upper Vulcan to Upper Jamieson formations). The reservoirs are of potential high quality, with Gwydion 1 encountering a shallow marine Hauterivian–Barremian sandstone reservoir that consisted of 24-27% porosity (Spry and Ward, 1997). The separate reservoirs encountered in Gwydion 1, Caspar 1A and the Cornea field are all between 650-1,000 mRT. Upper Jurassic-Early Cretaceous claystones (Vulcan Formation) and Lower Cretaceous claystones (Echuca Shoals Formation) provide regional seals throughout much of the basin (Link to Browse Basin CASWELL Sub-basin Figure 5). Potential intraformational sealing shales occur within the Lower– Middle Jurassic Plover Formation (Blevin et al, 1998b). Critical Risks Proven hydrocarbon systems and migration have already been established near the Release Area W11-1 in the Caswell Sub-basin and Yampi Shelf (Link to Browse Basin CASWELL Sub-basin Figure 3). Therefore, continued success relies on the identification of additional valid traps with access to charge from source rocks. Potential traps in the Release Area W11-1 include Upper Jurassic to Lower Cretaceous drape on erosional basement highs on the Yampi Shelf, Jurassic horsts/tilted fault blocks and associated drape anticlines and Cretaceous submarine canyon fill, basin floor fans and ‘ponded’ turbidite stratigraphic traps. In the inboard part of the Release Area, another risk can arise from the shallow nature and quality of the potential reservoirs 2011 Release of Australian Offshore Petroleum Exploration Areas Release Area W11-1, Caswell Sub-basin, Browse Basin, WA Release Area Geology Page 14 of 20 that can have fundamental development problems, as identified in the Cornea field (<900 mRT) by Ingram et al (2000). Key exploration tools that are likely to contribute to continued structural and stratigraphic trap identification in the Release Area are 3D seismic and AVO technology (Longley et al, 2002; Williamson and Kroh, 2007). Detailed highresolution (system tract level) sequence stratigraphic control would also assist in stratigraphic trap identification as well as enable the accurate modelling of the generation and expulsion history of the discontinuous lenses of organicrich intervals within the Lower Cretaceous section (Kennard et al, 2004). 2011 Release of Australian Offshore Petroleum Exploration Areas Release Area W11-1, Caswell Sub-basin, Browse Basin, WA Release Area Geology Page 15 of 20 FIGURES Figure 1: Location map of Release Area W11-1 in the Caswell Sub-basin and Yampi Shelf, Browse Basin. Exploration wells relevant to Release Area W11-1 are also shown. Figure 2: Graticular block map and graticular block listings for Release Area W11-1 in the Caswell Sub-basin and Yampi Shelf, Browse Basin. Figure 3: Structural elements of the Caswell Sub-basin, Prudhoe Terrace and Yampi Shelf showing the 2011 Release Area and the exploration wells relevant to Release Area W11-1. The location of the seismic section in (Link to Browse Basin CASWELL Subbasin Figure 5).is also shown Figure 4: Generalised stratigraphy of the Caswell Sub-basin, Prudhoe Terrace and Yampi Shelf. The lithostratigraphic scheme is based on the Browse Basin Biozonation and Stratigraphy Chart (Nicoll et al, 2009). Geologic Time Scale 2004 after Gradstein et al (2004) and Ogg et al (2008). Figure 5: AGSO Seismic line 119/04 across Release Area W11-1 in the Caswell Sub-basin, Prudhoe Terrace and Yampi Shelf demonstrating some structural and stratigraphic play types. Location of the seismic line is shown in (Link to Browse Basin CASWELL Sub-basin Figure 3. Regional seismic horizons are shown in (Link to Browse Basin CASWELL Sub-basin Figure 4) 2011 Release of Australian Offshore Petroleum Exploration Areas Release Area W11-1, Caswell Sub-basin, Browse Basin, WA Release Area Geology Page 16 of 20 REFERENCES BAN, S. 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