PETROLEUM GEOLOGICAL SUMMARY RELEASE AREAS V11-3, V11-4, V11-5 AND V11-6, GIPPSLAND BASIN, VICTORIA Bids Close – 13 October 2011 Located in a world-class petroleum province with remaining reserves estimated at 400 MMstb oil and 6 Tcf gas, with 2-4 Tcf of gas and up to 600 MMstb of liquids yet to be discovered. Release Areas are in largely under-explored parts of a major hydrocarbon province. Proximal to at least two proven petroleum systems. Multiple sets of updated geoscientific data available, including new Gippsland Basin Southern Flank Marine Seismic Survey. Sizeable petroleum infrastructure: both onshore and offshore, including access to major pipeline networks which distribute processed gas to Victorian, New South Wales, South Australian and Tasmanian markets. 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 1 of 27 LOCATION The Release Areas V11-3 to V11-6 are spread across the basin (Figure 1), providing potential explorers with the choice of several different tectonic settings, play types and petroleum systems. Release Areas V11-3 and V11-4 are adjacent to each other, in close proximity to the southern Gippsland coast. Water depths across both of these are typically shallow, with the maximum depth of ~70 m reached in the eastern edge of V11-4. Release Area V11-3 spans the Southern Terrace and parts of the Southern Platform and Central Deep. It comprises 38 full and part graticular blocks and covers an area of 2,326 km2 (Figure 2). Area V11-4 consists of 14 graticular blocks and is 937 km2, and is predominantly on the Southern Platform, covering parts of the Foster Fault system and adjacent Southern Terrace. Release Area V11-5 lies in the northeastern part of the basin, and covers parts of the Central Deep, Northern Terrace and Northern Platform, with water depths increasing from 50-150 m towards the southeast. It encompasses 16 graticular blocks and covers 1,082 km2 (Figure 2). This area also includes the small Leatherjacket oilfield. Release Area V11-6 is in the far southeastern part of the Gippsland Basin, and covers the majority of the Pisces Sub-Basin and parts of the Southern Platform. This Release Area stretches over the southern margin of the Bass Canyon, resulting in water depths ranging from 50 m on the shallow shelf to >1,500 m in the northeastern corner of the Release Area. This Release Area covers 24 part and full graticular blocks and covers 1,361 km2 (Figure 2). 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 2 of 27 RELEASE AREA GEOLOGY Local Tectonic Setting The east–west-trending Gippsland Basin was formed as a consequence of Gondwana break-up (Rahmanian et al, 1990; Willcox et al, 1992, 2001; Norvick and Smith 2001; Norvick et al, 2001) and the basin evolution is recorded by several depositional sequences that are Early Cretaceous to Neogene in age. The Gippsland Basin’s architecture developed initially during the Early Cretaceous rifting between Antarctica and Australia and consisted of a primary depocentre – the Central Deep – which is flanked by structurally higher platforms and terraces to the north and south. The basin is defined by a series of major fault systems, namely the Rosedale and Lake Wellington fault systems on the northern margin and the Darriman and Foster fault systems on the southern margin (Figure 3). The Rosedale and Darriman fault systems separate the Northern and Southern platforms from the Central Deep respectively. The Pisces Sub-basin lies close to the southeastern margin of the Gippsland Basin, and is a perched Cretaceous half-graben in the hanging wall of the bounding fault of the Southern Platform. The Central Deep contains most of the major oil and gas fields; this region is characterised by rapidly increasing water depths in the east, where depths in excess of 3000 m occur in the Bass Canyon (Hill et al, 1998). The eastern limit of the basin is defined by the East Gippsland Rise, a prominent northnortheast-striking ‘basement’ high (Megallaa, 1993; Moore and Wong, 2002). The western onshore limit of the basin is represented by outcrops of Lower Cretaceous Strzelecki Group sediments (Hocking, 1988). Structural Evolution and Depositional History of the Sub-basin Basin evolution The initial basin-forming rifting event occurred in the Early Cretaceous (Berriasian-Albian), creating a series of graben and half-graben of limited geographic extent that became filled with non-marine arkoses and fluvial volcaniclastic sediments of the Strzelecki Group. Subsequently, a period of uplift and erosion occurred between 100 and 95 Ma (Cenomanian). This event produced a new basin configuration and may have provided the accommodation space for large volumes of basement-derived sediments (Emperor Subgroup; Figure 4a and Figure 4b). Renewed crustal extension during the Late Cretaceous (Turonian), associated with the rapid rifting along the Southern Margin and extension in the Tasman Sea, established the Central Deep as the primary depocentre. Terrigenous sedimentation in the Gippsland Basin continued until the late Santonian, when the first marine incursion is recorded in the eastern part of the basin (Partridge, 1999). Rift-related extensional tectonism continued into the early Eocene, with the formation of a pervasive set of northwest–southeast-trending normal faults. By the middle Eocene, a period of low-strain compressional tectonism began to affect the Gippsland Basin and resulted in the formation of a series of northeast to east-northeast-trending anticlines. This event may have been due 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 3 of 27 to intra-plate stress effects, perhaps associated with changes in the sea-floor spreading rate along the Southern Margin rift system. All the major fold structures at the top of the Latrobe Group, which became the hosts for the large oil and gas accumulations such as Barracouta, Tuna, Kingfish, Snapper and Halibut, formed as a result of this inversional tectonism. Minor inversion episodes continued well into the Neogene, forming a number of smaller anticlines and traps. Post-rift depositional architectures and settings became dominant in the Gippsland Basin from the early Oligocene, with the deposition of the basal unit of the Seaspray Group, the Lakes Entrance Formation. These onlapping, marly sediments provide the principal regional sealing unit across the basin. Subsequently, the deposition of the thick Gippsland Limestone, also part of the Seaspray Group, provided the critical loading for the source rocks of the deeper Latrobe and Strzelecki groups, with the majority of hydrocarbon generation (or certainly the preserved component of the generated hydrocarbons) occurring in the Neogene. The deposition of relatively thick Cenozoic sequences, and the attendant late loading of the source rocks, means that even traps that have developed during the Neogene can be charged with economic quantities of hydrocarbons. Stratigraphy and depositional history Three broad stratigraphic successions are recognised in the Gippsland Basin, based upon lithological variations (Figure 4a and Figure 4b). These stratigraphic successions comprise: a) the Strzelecki Group, a thick sequence of non-marine, volcaniclastic-rich sediments; b) the Latrobe Group, a sequence of marine and non-marine siliciclastics that host all of the known hydrocarbon occurrences in the offshore; and c) the Seaspray Group, a carbonate-dominated sequence that provides both the regional top-seal to the oil and gas accumulations at the top of the Latrobe Group, and the critical loading for the generation of hydrocarbons. Strzelecki Group (Lower Cretaceous) The Hauterivian–Albian Strzelecki Group was deposited during low-strain synrift tectonism and unconformably overlies Paleozoic igneous and folded sedimentary rocks. The group consists of interbedded lithic, volcaniclastic sandstones, mudstones and includes several coal-rich horizons. The sediments accumulated in a non-marine environment dominated by a fluvial depositional regime. The Strzelecki Group has very strong affinities with the Eumeralla Formation (Otway Group) in the Otway Basin (Duddy, 1994). Although often regarded by the industry as ‘economic basement’, it is considered to have potential for hydrocarbon generation and accumulation, in particular in the western part of the basin (Mehin and Bock, 1998), and is host to minor dry gas accumulations in the Seaspray Depression onshore. The total thickness of the Strzelecki Group is poorly defined, but it is likely to exceed 3,000 m in parts of the basin. 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 4 of 27 Latrobe Group The Latrobe Group is of key relevance to explorers as it hosts all currently known hydrocarbons in the offshore and was deposited in tectonic settings which ranged from active syn-rift to early post-rift. Four subgroups have been defined: the Emperor, Golden Beach, Halibut and Cobia; each of which is bounded by basin-wide unconformities. Emperor Subgroup The Emperor Subgroup is exclusively Turonian in age and has only been intersected around the basin margins in the vicinity of the bounding faults of the Northern and Southern terraces. Seismic data suggest that a thick section of the subgroup exists below depths of 4 to 6 km in the Central Deep (Bernecker et al, 2001). The Otway Unconformity, which separates the subgroup from the underlying Strzelecki Group, developed in response to uplift along the basin margins. Large volumes of erosional material were delivered to the evolving rift-valley, within which a system of large, deep lakes developed. The subgroup comprises marginal coarse-grained alluvial fan/plain as well as lacustrine facies associations that are characteristic for rift-valley deposition prior to continental break-up. Within the rift-valley, one or more deep lakes emerged to form a large lacustrine depocentre (Marshall and Partridge, 1986; Marshall, 1989; Lowry and Longley, 1991). This palaeo-lake or lakes, presumably occupied most of the Turonian rift-valley and received detrital sediments from the basin margins; these lacustrine facies associations form the Kipper Shale. The Kersop Arkose, a coarse-grained feldspathic sandstone, represents the earliest erosion of uplifted granites at the southern basin margin. The unit has been intersected both in Moray 1 (type section) in the south, and also in Admiral 1, northeast of the Kipper gas field, providing evidence that the early depocentre was oriented east-west and was relatively narrow. These intersections provide evidence that the Turonian basin margin was defined by the Lake Wellington Fault Zone to the north and the Foster Fault Zone to the south. The Admiral Formation is characterised by quartzdominated lithic arenites that were derived from Paleozoic sedimentary and metamorphic terrains, as well as from newly uplifted Lower Cretaceous sediments. The Curlip Formation consists of sandstones and conglomerates that are interbedded with thin shales and minor coals. This formation overlies and interfingers with the lacustrine Kipper Shale and the formation top is represented by the basin-wide Longtom Unconformity that terminates Emperor Subgroup deposition. This unconformity was recognised by Partridge (1999), who showed that it had been previously erroneously merged or confused with the Seahorse Unconformity at the top of the Golden Beach Subgroup. Accordingly, numerous well sections were incorrectly assigned to the Golden Beach Subgroup. The hiatus between the Emperor and Golden Beach subgroups separates freshwater lacustrine sediments from non-marine and marine sediments and correlates with the opening of the adjacent Tasman Sea. 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 5 of 27 Golden Beach Subgroup Two formations are distinguished in the Golden Beach Subgroup, the marine Anemone Formation and the fluvial/paralic Chimaera Formation. The Anemone Formation consists predominantly of mudstones, shales and other fine-grained siliciclastics that represent shallow to open marine deposition that prevailed in the eastern part of the basin. The marine Golden Beach Subgroup has been intersected in Archer 1, Anemone 1, Angler 1 and Pisces 1. The Chimaera Formation is a non-marine succession that consists of coarse-grained alluvial/fluvial sediments, as well as fine-grained floodplain deposits including some coals. The formation has been intersected, and occasionally fully penetrated, in wells near the Rosedale Fault System but it is missing on the Northern Platform and Northern Terrace. In the southern part of the basin, the Chimaera Formation is only known from Omeo 1, 2 and Perch 1. The Golden Beach Subgroup is essentially confined to the Central Deep, which reflects tectonic movement along the basin margins where conglomerates accumulated. Finer material was transported by fluvial systems that continued to migrate across a gradually widening lower coastal plain and terminated as deltaic bodies in the shallow sea. This alternation between marine and non-marine influence persisted throughout the remainder of the Latrobe Group and had significant control on the distribution of petroleum system elements. The subgroup also contains several volcanic horizons that, although undated, are likely to be Campanian in age. These volcanics, most prominently developed in the Kipper Field and in the Basker/Manta/Gummy area, terminate the Golden Beach Subgroup and signal another depositional hiatus represented by the Seahorse Unconformity. Halibut Subgroup The hiatus recorded by the Seahorse Unconformity is longest in Golden Beach West 1, where sediments from the upper F. longus biozone directly overlies N. senectus sediments. Closer to the Rosedale Fault System, F. longus sediments overlie the Campanian volcanics (Bernecker and Partridge, 2001). The Halibut Subgroup hosts the bulk of the hydrocarbons in the Gippsland Basin and comprises five formations that are distinguished by their dominant depositional facies regimes and document the changes from nonmarine to marine environments in a west–east or onshore–offshore direction. The Barracouta Formation, which represents upper coastal plain deposition is characterised by fluvial sediments and contains only minor coal. The Volador and Kingfish formations comprise the typical lower coastal plain coal-rich sediments and are separated by the Kate Shale, a marine unit recognised at the Cretaceous/Paleogene boundary across the basin. The Mackerel Formation consists of near-shore marine sandstones, commonly typified by excellent reservoir qualities, with intercalated marine shales. Sea-level fall in the early Eocene, driven by mild basin inversion, initiated a period of major canyon cutting during which parts of the lower coastal plain and the shelf were eroded. The array of submarine channels that developed has added a considerable complexity to seismic mapping, given that the major channels cut down hundreds of metres into the underlying strata. 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 6 of 27 During subsequent transgression, the channels were filled with marine sediments (e.g. Flounder Formation), which led to the formation of potential stratigraphic traps (Johnstone et al, 2001). The Marlin Unconformity comprises the major erosional event associated with channel incision and terminated deposition of the Halibut Subgroup. Cobia Subgroup The middle Eocene to lower Oligocene Cobia Subgroup comprises the coalbearing Burong Formation (lower coastal plain facies) and the shallow to open marine Gurnard Formation, a condensed section composed of fine- to medium-grained glauconitic siliciclastics. The Gurnard Formation is the reservoir unit in the Patricia/Baleen gas field and consists of fine- to mediumgrained clastics. In most other wells, the formation is mud-dominated and characterised by low porosity and permeability, although the formation is not considered an effective seal. Included in the subgroup is the Turrum Formation that consists of mid-Eocene marine channel-fill sediments. Deposition of the Cobia Subgroup ceased during the early Oligocene as a consequence of a marked decline in sediment supply. Large areas of the central basin were left with starved or condensed sections which led to the development of what is traditionally known as the ‘Latrobe Unconformity’ (Partridge, in Purcell, 1999). On seismic sections, this surface is commonly interpreted as a time-line, even though the biostratigraphic data clearly indicates that the Latrobe Unconformity should be considered a composite of several, separate erosional events (Partridge, 1999, 2003). Seaspray Group The Seaspray Group consists of calcareous sediments that unconformably overlie the siliciclastics of the Latrobe Group. Subsequent to a change in ocean circulation along the southern Australian margin, accumulation of marls and limestones began in the middle Eocene in the Eucla Basin, extended to the Otway Basin during the late Eocene and reached the Gippsland Basin during the early Oligocene (Holdgate and Gallagher, 1997). Since then, coolwater carbonate production resulted in progradation of the shelf edge. From an exploration perspective, the Seaspray Group is both the primary regional seal (the Lakes Entrance Formation) to the oil and gas accumulations hosted in the top-Latrobe Group and the key sequence that loads and matures the source rocks. Only sparse data on its lithological character and physical properties are available and although the carbonates appear to be monotonous on wireline logs, the Seaspray Group in the offshore can be subdivided into four units (Bernecker et al, 1997; Partridge, 1999) according to lithological composition, depositional facies and log-signature. Recent work by Goldie Divko et al (2009, 2010) and O’Brien et al (2008) provide details of the sealing characteristics of the Lakes Entrance Formation. This work shows that the Lakes Entrance Formation is predominantly a smectitic marl over much of its distribution, with the ability to contain significant hydrocarbon columns, particularly over the Central Deep. In the context of this report, the conventional subdivision into the basal mudrich, marly, slightly fossiliferous Lakes Entrance Formation and the carbonate2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 7 of 27 dominated Gippsland Limestone is used. It should be noted that a different subdivision applies to the onshore Seaspray Group (Holdgate and Gallagher, 1997; Partridge, 1999). The boundary between the two formations in the offshore is not well defined and is based on a subtle increase in carbonate content. However, over large parts of the basin, a seismic reflector has been identified at the top of the Lakes Entrance Formation, known as the ‘MidMiocene Marker’. Above this horizon, an interval of anomalous seismic velocity, the ‘High Velocity Zone’, produces distinctive two-way time pull-ups, which, in the past, had enormous effects on the correct mapping of target zones in the Latrobe Group (Feary and Loutit, 1998). The seismic velocity anomalies are related to a complex system of midMiocene channels that eroded up to 300 m into a sequence of calcareous sediments. These interfingering channels, which are very well imaged on seismic sections, are filled with generally coarser and more porous materials, are characterised by higher velocities than the underlying carbonates, and also show considerable lateral velocity gradients (Bernecker et al, 1997; Holdgate et al, 2000). Diagenetic processes, especially the preferential cementation of channel bases, also influence the seismic velocities (Wong and Bernecker, 2001). The modern shelf edge of the basin is located near a line that connects the Archer/Anemone discoveries with the Blackback and Basker/Manta/Gummy areas (Figure 3). The slope gradient is <6º, but increases rapidly along the Bass Canyon, which is deeply eroded into older sequences; erosion has reached the sediments of the Golden Beach Subgroup east of the East Gippsland Rise (Marshall, 1990). 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 8 of 27 EXPLORATION HISTORY The Release Areas in the Gippsland Basin are all relatively under-explored, especially Release Area V11-6. Few wells have been drilled within the Release Areas (Figure 1), although seismic coverage is reasonable. Release Area V11-3 covers the southern part of the former VIC/P58, held by Apache Northwest Pty Ltd (awarded 2004, relinquished 2009). Prior to this, the permit was held by Amity Oil from 1995 to 1999, as permit VIC/P36. Amity drilled Broadbill 1, but failed to complete the guaranteed work program and the permit was cancelled in 1999. Earlier exploration in this area, including seismic acquisition and the drilling of Kyarra 1A, Wyrallah 1 and Tommyruff 1, has been covered by Bernecker et al (2003). Release Area V11-4 is the recently relinquished southern portion of VIC/P42. This permit has been operated by Bass Strait Oil since the permit was granted in 1997. Over that time both Inpex Alpha Ltd and Apache Northwest Pty Ltd have farmed in (Inpex Alpha in 2001 and Apache Northwest in 2006), although the remainder of the permit is now solely operated by Bass Strait Oil. There have been no wells drilled in V11-4 over the duration of VIC/P42 (for details of earlier exploration, see Chiupka et al, 1997). Bass Strait Oil acquired a 3D seismic survey across the eastern part of VIC/P42 in 2002 which covers Devilfish 1 and Pike 1 and the area to the west of these wells. Release Areas V11-4 and V11-3, are also covered by the 2010 Gippsland Basin Southern Flanks Marine 2D Survey. The northernmost Release Area V11-5 was, until recently, the western part of VIC/P47, and has several 3D seismic surveys obtained over its southern portion. The remainder of Permit VIC/P47 is held by Bass Strait Oil, Moby Oil and Gas Ltd and Strategic Resources, and was initially awarded to Eagle Bay Resources NL and Bass Strait Oil in 2000. There were no wells drilled in Release Area V11-5 while it was part of VIC/P47, although some seismic acquisition was undertaken. The Leatherjacket oil field was discovered by Esso Exploration and Production Australia in 1986, but was not further developed. The oil is moderately biodegraded, a feature common to other discoveries on the northern flank of the basin. Further information is given by Bernecker et al (2003). The early exploration of the Pisces Sub-basin (which includes Release Area V11-6) has been summarised by Thomas et al (2003). There is only one well, Pisces 1, within the Release Area, and it was drilled as a combined structural and stratigraphic test of the sub-basin. It encountered weak hydrocarbon shows in the upper part of the Golden Beach Subgroup. An exploration permit (VIC/P60) was last operated over this area by Holloman Corporation and was relinquished in mid-2010, with very little activity undertaken during the life of this permit. This area has reasonable seismic coverage, including the 2010 Gippsland Basin Southern Flanks Marine survey. 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 9 of 27 To view image of seismic coverage follow this link: http://www.ga.gov.au/energy/projects/acreage-release-andpromotion/2011.html#data-packages Well Control The Release Areas are relatively under-explored, with few wells drilled in each area. In the southern part of the basin, most wells in the Release Areas have been drilled on the Southern Terrace. Broadbill 1, Kyarra 1A, Wyrallah 1 and Tommyruff 1 lie within Release Area V11-3, with the wells in the Perch field immediately to the north providing important stratigraphical and lithological control. Pike 1 and Devilfish 1 are the only wells within release Area V11-4, and there are four wells within Release Area V11-5, with more information available from the Sole, Moby and Kipper fields that lie just outside the area. Pisces 1 is the single well drilled in Release Area V11-6. Perch Field (1968) The Perch field was discovered by Esso Australia in March 1968 in a water depth of 42 m, located 24 km offshore and 50 km south of Longford. The field lies on the Perch-Dolphin-Tarwhine-Barracouta trend and is bounded to the north by an inverted south dipping normal fault. The field is constrained to the northeast by an inverted southwest dipping normal fault. The entrapment mechanism of oil is similar to that seen in the Dolphin Field with plunge of the anticline to the southwest and by fault-seal of the Cobia Subgroup juxtaposed against marls of the Lakes Entrance Formation to the northeast. The field has an aerial extent of 3.1 km2, a field OWC of 1,131 mTVDSS and the net thickness of the reservoir is 17 mTVD (38 mTVD gross). Average porosity for the field was calculated to be 27% and permeability 3000 mD. The Perch Tower was installed in July 1989 and production began in January 1990. Oil is piped to shore via the Dolphin Platform and gas is used to assist oil recovery. The oil is napthenic with an API of 41° and GOR is calculated as 84 scf/bbl. The field lies in permit block VIC/L17 and is operated by Esso Australia on behalf of the BHB Billiton-Esso joint venture. Wahoo 1 (1969) Wahoo 1 was drilled by Esso Exploration and Production Australia to test a large fault-line closure on the downthrown side of the Lake Wellington Fault System. It was spudded in 74.7 m of water and reached TD at 745.5 mRT in the Strzelecki Group. The absence of hydrocarbons could be either because the well was drilled 30-60 m below the crest of the structure, or because the lateral fault-seal is lacking due to the juxtaposition of permeable MioceneOligocene marls and limestones, allowing updip migration of hydrocarbons away from the structure. The well was plugged and abandoned as a dry hole. Pike 1 (1973) Pike 1 was spudded in 73.8 m of water by Esso Australia 16 km northwest of Moray 1 and 19 km south-southwest of Gurnard 1 on the southern margin of the Central Deep. The target was a stratigraphically controlled trap within 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 10 of 27 upper Latrobe Group sediments. The well reached TD at 2,134 mKB in the Kingfish Formation (Halibut Subgroup). The lack of hydrocarbons in this well was interpreted to be due to a lack of lateral and/or up-dip seal. The well was plugged and abandoned as a dry hole. Sweep 1 (1978) Sweep 1 was drilled by Esso Australia Ltd in 69 m of water approximately 10 km north of Admiral 1. It reached TD at 900 mKB in the Strzelecki Group It was designed to test a small west-southwest-east-northeast-trending anticlinal culmination.. Both the Latrobe Group sands and the uppermost Strzelecki Group were targets, as the uppermost Strzelecki Group was hydrocarbonbearing at nearby Flathead 1. No hydrocarbons were encountered, either due to non-generation, migration prior to trap development, or lack of a valid seal. The well was plugged and abandoned as a dry hole. Hammerhead 1 (1982) Hammerhead 1 was drilled by Shell Development (Australia) Pty Ltd about 10 km northeast of the Basker-Manta-Gummy field. It was spudded in 121 m water and reached TD at 2,130 mKB in the Emperor Subgroup. It was drilled to test a potential intra-Latrobe structural trap where Upper Cretaceous to Paleocene shallow marine to marginal marine sandstones are faulted against upthrown tight Strzelecki Group sediments. Lack of hydrocarbon indications was attributed to the absence of adequate seal (intra-Latrobe shales). The well was plugged and abandoned as a dry hole. Omeo 1 (1982) Omeo 1 was drilled by Australian Aquitaine Petroleum Pty Ltd 14 km southwest of the Bream Field, on the southern margin of the Central Deep. It was spudded in 62.7 m of water, and reached TD at 3,380 mKB in the Golden Beach Subgroup. The well was drilled to test a roll-over within Latrobe Group sediments on the downthrown side of a normal fault, with lateral seal required by Latrobe Group reservoirs being juxtaposed against Strzelecki Group sediments in the upthrown side of the fault. The top-Latrobe sands lacked evidence of hydrocarbons, with the first gas show at 2,846 mKB in the Barracouta Formation. Further gas, with a thin film of oil/condensate was encountered at 2,849.8 and 3,125 mKB. 33 m of net gas pay was interpreted in sands within the interval 2,845-3,137 mKB. The well was plugged and abandoned. Pisces 1 (1982) Pisces 1 was drilled by Union Texas in 122 m water in the Pisces Sub-basin and is one of the more distal wells drilled in the Victorian part of the Gippsland Basin. It reached a TD of 2,580 mKB in the Golden Beach Subgroup. The target was a complex stratigraphic/structural trap of Latrobe Group sediments adjacent to the northern bounding fault of the Southern Platform, and it was expected to provide stratigraphic information about the deep-water prospects of VIC/P12. It was drilled to test predicted Paleocene to Eocene marginal marine reservoir sands, stratigraphically sealed beneath the top2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 11 of 27 Latrobe unconformity and to test a fault-defined structural prospect. Stratigraphic seal at top-Latrobe level proved to be absent due to the sheet sands of the Gurnard and basal Lakes Entrance formations acting as thief zones for any migrating hydrocarbons at this level, allowing continued migration updip (S and W) across the Southern Platform. The well was plugged and abandoned. Kyarra 1A (1983) Kyarra 1A was drilled by Australian Aquitaine Petroleum Pty Ltd about 16 km southwest of the Perch field. It was spudded in 43.5 m water depth, reaching a TD of 1,280 mKB in the Strzelecki Group. The well targeted a stratigraphically sealed sand (Keera Sand), and structural closures within fluvial (channel and bar sands) to deltaic intra-Latrobe interbedded sands. Good reservoir and seal units were intersected, while the lack of hydrocarbons was attributed to formation of the Kyarra structure in the Miocene (i.e. after the main phase of hydrocarbon expulsion), in addition to evidence of freshwater flushing and associated biological degradation of any hydrocarbons that migrated into the structure. The well was plugged and abandoned as a dry hole. Wyrallah 1 (1984) Wyrallah 1 was drilled in 32 m of water by Australian Aquitaine Petroleum Pty Ltd and reached TD 1,160 mKB in the Barracouta Formation. It is located 15 km offshore from 90 Mile Beach, 9 km west of Kyarra 1A and 20 km southwest of the Perch Field. The well was designed to test a structural culmination of the top-Latrobe Group, and also to test intra-Latrobe intervals. The structure was mapped at top-Latrobe level adjacent to a high angle reverse fault, with a roll-over formed by the upthrown block, creating a structural ridge that extends eastwards to Kyarra 1A. The lack of hydrocarbons in the Wyrallah structure was attributed either to a lack of migration from the Central Deep into the structure or to biodegradation. The Wyrallah structure is also interpreted to have formed in the Miocene, after the main phase of hydrocarbon generation and migration. The well was plugged and abandoned as a dry hole. Omeo 2A (1985) Omeo 2A was drilled by Australian Aquitaine Petroleum Pty Ltd 900 m west of Omeo 1. It was spudded in 62 m of water, and reached TD at 3,400 mKB in the Golden Beach Subgroup. This well encountered more complex geology than Omeo 1 as it is located in the vicinity of a major growth fault, and the anticipated structural play was not encountered. Omeo 2A failed to encounter significant indications of hydrocarbons, indicating that the accumulation discovered in Omeo 1 was likely to be small. It was abandoned due to technical difficulties. 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 12 of 27 Kipper gas field (1986) The Kipper field was discovered in 1986 by the Esso-BHP Petroleum led consortium, and represented the first significant hydrocarbon discovery in the Golden Beach Subgroup. The field lies approximately 42 km offshore, on the northern flank of the Gippsland Basin, close to the Rosedale Fault System and approximately 15 km east of the Tuna field. Estimates of in-place reserves are approximately 900 Bcf gas and 30 Mstb oil. Development of this field began in 2010 with the drilling of four development wells. The field is a lowside fault-dependent trap with a significant gas column within fluvial/deltaic sandstones at the top of the Golden Beach Subgroup. Kipper 1 also intersected four minor oil pools within the Cobia and Halibut Subgroups above the gas column. Leatherjacket 1 (1986) Leatherjacket 1 was drilled by Esso Exploration and Production Australia Inc. in 106 m of water, approximately 10 km northeast of the Kipper Field. It reached a TD of 951 mKb in the Strzelecki Group, only intersecting ~100 m of Latrobe Group sediments. It was drilled to test a fault-dependent closure, with the structure situated on the high-side of a northeast-southwest-trending inverted normal fault. Two reservoir intervals were intersected, with the upper accumulation in lower L. balmei sands (Kingfish Formation, 25.5 m oil-bearing column, from 763.5 mKB to OWC at 789 mKB), with an average porosity of 30% and an average oil saturation of 54%. The lower accumulation is in Volador Formation sands with an average porosity of 21% and an average oil saturation of 55%. These sands contain a 7.7 m oil-bearing column intersected at 811.3 mKB with OWC at 819 mKB. The well was plugged and abandoned as a new field oil discovery. Admiral 1 (1989) Admiral 1 was drilled in 101 m of water by Esso Australia Resources Ltd and reached TD of 2,162 mKB in the Emperor Subgroup. The well is located about 5 km northwest of the Kipper gas field. This well tested a footwall fault-dependent closure against the Rosedale Fault System. While reasonable reservoir quality sandstone was intersected in the Curlip Formation (Emperor Subgroup), the predicted top-seal (Campanian volcanics) was not realised, as the volcanics did not extend to the bounding fault. Geochemical analysis indicates that the lacustrine P. mawsonii sediments are rated as fair source rocks for gas only. This well was plugged and abandoned as a dry hole. Anemone 1A (1989) Petrofina Exploration Australia spudded Anemone 1A in 231 m of water. TD was reached at 4,775 mKB (side track) in the base of the Golden Beach Subgroup. 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 13 of 27 The well was drilled to test a large, fault-dependent closure within the northern, downthrown block of a major northwest trending listric fault, and to evaluate the hydrocarbon potential of coastal plain and deltaic intraCampanian (Golden Beach Subgroup) sandstones and the Maastrichtian Volador Formation. The predicted source rock for this area was Campanian lower coastal plain coaly sediments. Poor shows were found in the Maastrichtian, top-Campanian and Campanian “1” (Anemone Formation) sandstones, moderate shows in Campanian “2” (Anemone Formation) sandstones, and the well intersected a gas-rich sandstone sequence at 4,525 mKB (Chimaera Formation). The well was plugged and abandoned as a noncommercial gas-condensate discovery. Archer 1 (1990) This well was drilled at the crest of the Archer structure by Petrofina. It was spudded in 167 m water depth, reaching TD of 4,050 mKB in the Golden Beach Subgroup. The target of this well was the Campanian “1” and “2” sandstones of the Anemone Formation that had previously been intersected at Anemone 1A. Enhanced reservoir properties were expected in the Archer prospect, which was a series of stacked reservoir intervals within the Anemone Formation, having fault-dependent closure with partial four-way dip closure. Seven main hydrocarbon zones were intersected in the Golden Beach Subgroup, with progressively more volatile oil found in four intervals within 3,384.0– 3,655.5 mKB, and very gas rich condensate intersected in three intervals within 3,655.5–4,050 mKB. The marine shales within the Anemone Formation are likely to be a regional barrier to vertical migration within the Archer/Anemone area, possibly preventing migration of hydrocarbons into the Volador Formation. .Petrofina Exploration Australia S.A. (1990) estimated recoverable gas reserves of 53 Bcf, 5.0 Mmbbl of oil and condensate. The well was plugged and abandoned as a non-commercial oil and gas-condensate discovery. Devilfish 1 (1990) Devilfish 1 was drilled by Shell Development (Australia) Pty Ltd in 74 m of water. It is located about 30 km southwest of the Kingfish oil field, close to the inferred southern limit of the Strzelecki Group. It reached a TD of 2,058 m in the Volador Formation. The target structure was a downthrown fault trap, mapped at top-Latrobe level, and bounded by the Foster Fault System. The trap was predicted to be fault-sealed, relying on the juxtaposition of the reservoir sands in the downthrown block against a thick marine shale, with an additional minor, independent dip closure also mapped. The lack of hydrocarbons in this well was attributed to a lack of charge, and insufficient thickness of marine shale to provide effective lateral fault-seal. The well was plugged and abandoned as a dry hole. 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 14 of 27 Tommyruff 1 (1990) Tommyruff 1 was drilled by BHP Petroleum in 33 m of water about 17 km to the east of the Perch field and north of Kyarra 1 and Wyrallah 1. It reached TD at 1,550 mKB in the Kipper Shale (Emperor Subgroup), without penetrating any Golden Beach Subgroup. The target was an anticlinal structure with independent 4-way dip closure mapped at top-Latrobe, with both structural and stratigraphic traps potentially present in the Latrobe succession. Good to excellent reservoirs and competent seal were found, with the lack of hydrocarbon indications attributed to the structure not being on a migration pathway from the Central Deep. The well was plugged and abandoned as a dry hole. Broadbill 1 (1998) Broadbill 1 was drilled by Amity Oil N.L. in 22 m water depth, reaching TD of 1345 mKB in the Strzelecki Group. The target was the Broadbill structure, about 6 km offshore and 13 km west of the Perch field. This prospect was a low relief four-way dip structural closure at top-Latrobe level. Hydrocarbons were thought to have migrated through this area, due to the presence of hydrocarbon indications in the nearby Woodside 2 well and Perch field. Gas readings were high from the top-Latrobe level (850 mKB) down to 966 mKB, although reservoir saturations were too low to be economic. The well was plugged and abandoned as a dry hole. 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_gippslandl_AR11.xls 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 15 of 27 Data Coverage The Release Areas all have some seismic coverage, with the best covered being V11-5 in the northern margin of the basin. This area has several 3D surveys over its southern portion, and reasonable quality 2D coverage over most of the remainder. As mentioned previously, GSV (in conjunction with DRET) acquired the 8,000 line km Gippsland Basin Southern Flanks Marine Survey in 2010, which covers a large part of the southern flank of the Gippsland Basin, and ties into wells drilled in the three southern Release Areas. Otherwise, Release Areas V11-3 and V11-4 have better seismic coverage over their portions which cover the Southern Terrace rather than those covering the Southern Platform. 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 16 of 27 PETROLEUM SYSTEMS AND HYDROCARBON POTENTIAL Table 1: Petroleum Systems Elements Summary Cobia and Halibut subgroups (Latrobe Group) – coals and carbonaceous shales Anemone Formation (Golden Beach Subgroup) – marine shale Sources Kipper Formation (Emperor Subgroup) – lacustrine carbonaceous shales Strzelecki Group (proven contributor of dry gas along northern margin) Burong and Mackerel formations (Cobia Subgroup), and Barracouta and Kingfish formations (Halibut Subgroup) Reservoirs Volador Formation (Halibut Subgroup), Chimaera Formation (Golden Beach Subgroup) Regional top seal – Lakes Entrance Formation Intra-Latrobe seals – Kate Shale (Halibut Subgroup) Seals - volcanics (several distinct horizons, Campanian to Paleocene) - Anemone Formation (Golden Beach Subgroup) - Kipper Shale (Emperor Subgroup) Structural traps (anticlinal closures) Play Types Fault traps along the northern and southern bounding faults of the Central Deep and terraces Stratigraphic pinch out plays Petroleum systems elements The identification of all the required components of petroleum systems in the Gippsland Basin is the subject of ongoing work and is not a simple task, especially given that many of the system’s elements are located at great depth. There are likely to be several petroleum systems operating in the Gippsland Basin, with the most prolific being that which generated the hydrocarbon accumulations now reservoired at the top of the Latrobe Group. This system has a source in the lower coastal plain and swamp facies of the 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 17 of 27 Halibut Subgroup, and is usually reservoired in the shallow marine barrier and shoreface sandstones close to the top of the Latrobe Group. There is evidence of a deeper system operating within the Latrobe Group, for example in the Basker-Manta-Gummy field, where the source is a thick section of coal-bearing lower coastal plain sediments of the Volador Formation (Halibut Subgroup). These rich source rocks are believed to have charged the major hydrocarbon traps in the central part of the offshore basin, and in the Basker-Manta-Gummy field, the reservoir units are fluvial sandstone of the Chimaera Formation (Golden Beach Subgroup) and lower coastal plain channel sandstone of the Voldaor Formation (Halibut Subgroup). Seal for this intra-Latrobe system in the Basker-Manta-Gummy field is provided by a series of interbedded claystones and siltstones, in addition to cross-faulting. Recent work (O’Brien et al, 2008) indicates that an older petroleum system is operating in the Lower Cretaceous Strzelecki Group, and is providing significant quantities of dry gas, especially along the northern margin of the Gippsland Basin (e.g. the Sole field) and onshore (Wombat, North Seaspray and Gangell fields). Source Only a few wells have penetrated the oil- or gas-mature section of the deeper Halibut and Golden Beach subgroups and hence the distribution of the main source rock units and source rock kitchens are not fully understood. It is generally considered that the source rocks for both the oil and gas in the basin are represented by organic-rich, non-marine, coastal plain mudstones and coals (Burns et al, 1984, 1987; Moore et al, 1992). Source rocks of dominantly terrestrial plant origin (Kerogen Type II/III) are widely distributed throughout the Latrobe Group and generally exhibit high total organic carbon (TOC) values (>2.0%), high Rock-Eval pyrolysis yields, and moderate to high hydrogen indices (>250 mgHC/gTOC), suggesting that they have the potential to generate both oil and gas. The richest Latrobe Group source rocks (mainly humic to mixed type) occur within lower coastal plain and coal swamp facies. Well correlations show that much of the T. lilliei biozone is represented by low energy, lagoonal/paludal sediments in the east-southeast. This facies extends beneath the giant Kingfish oil field and across the basin to the north. In the Central Deep, T. lilliei sediments accumulated in a marine environment with interbedded sandstones and marine shales (Rahmanian et al, 1990; Moore et al, 1992; Chiupka et al, 1997). Data from Hermes 1, located in the southern part of the basin, proves the existence of a thick, rich source rock unit at this level. The >950 m T. lilliei section within this well has TOC concentrations that generally exceed 10% (Petrofina Exploration Australia S.A., 1993). Analysis of condensate recovered from the Archer/Anemone discovery suggests that source rock potential may also exist within marine sediments (Gorter, 2001). The Strzelecki Group sediments within the onshore and offshore Gippsland Basin have the potential to generate significant quantities of gas (O’Brien et 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 18 of 27 al, 2008). Overall, the Strzelecki Group appears to have a broadly similar source rock quality to its temporal equivalent, the proven working Eumeralla Formation source in the Otway Basin. This indicates that the gas in the Gippsland Basin fields, such as the onshore Trifon, Gangel and North Seaspray and offshore Sole, was probably generated within the Strzelecki Group. If confirmed, these results mean that traps either remote from the mature Central Deep source, or located in Latrobe migration shadows, can still be charged with gas, providing that a local, mature Strzelecki Group source is present. Reservoirs Marine near-shore barrier and shoreface sandstones are traditionally regarded as the best reservoirs in the basin. The most productive of these were drilled at or near the top of the Latrobe Group and are commonly referred to as the ‘top-Latrobe coarse clastics reservoirs’. This is an unfortunate misnomer, given that similar coarse sandstones are developed throughout the stratigraphic column. All these sandstones are diachronous and developed in response to periodic marine regressive cycles associated with low depositional rates. This provided an ideal environment for high levels of reworking and winnowing of the deltaic and coastal plain sediments. Geographically, this reservoir facies is best developed in the Barracouta, Snapper, Marlin, Bream and Kingfish fields. Reservoir distribution in intraLatrobe sequences can be complex and frequently involves multiple stacked sandstone/shale alternations characteristic of fluvial/deltaic environments. Submarine channelling, the presence of numerous, thin, condensed sequences and the overall lower net-to-gross ratio contribute to lower reservoir qualities. Nevertheless, there are plenty of examples for good quality reservoirs in deltaic sandstones, as well as in fluvial and submarine channels. Latrobe Group reservoir porosities average 15-25% across the basin, with the best primary porosities preserved in fluvial/deltaic sandstones that are texturally mature and moderately well sorted. In contrast to the Latrobe Group, the identification of permeable reservoirs within the Strzelecki Group has proven elusive, though primary porosities can be high. Unless an improved model for the prediction of permeability within the Strzelecki Group sands can be developed, such targets are inherently high-risk. Seal For the top-Latrobe reservoirs, a basin-wide, high quality regional seal is provided by the marls of the lower Oligocene Lakes Entrance Formation. The thickness of this seal varies considerably and ranges from approximately 100 m to over 300 m in deeper water parts of the basin (O’Brien et al, 2008). In addition, many potential intraformational sealing units are present within the Latrobe Group. These include floodplain sediments deposited in upper and lower coastal plain environments, as well as lagoonal to offshore marine shales. These seals are commonly thin and mostly occur within stacked sandstone/mudstone successions; the low shale volume in such settings makes the prediction of cross-fault seal problematic. Excellent seals, such as the Turonian lacustrine Kipper Shale, are developed adjacent to the basin2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 19 of 27 bounding faults and other effective seals are formed by several distinct volcanic horizons of Campanian to Paleocene age (e.g., as in the Kipper Field). The Kipper Shale exceeds 500 m in thickness, whereas the volcanics are often less than 50 m thick, though they are known to exceed 100 m in the Kipper field. Traps At the level of the basin-wide Latrobe Unconformity, the basin is dominated by a series of northeast-trending anticlines and synclines. Along the anticlinal trends, four-way dip closures form the traps for the major fields within the basin. These anticlines formed during the inversion of deeper Lower Cretaceous graben and half-graben that were initially filled with the volcaniclastic-dominated sediments of the Strzelecki Group. As tectonic regimes changed, these structural lines of weakness have been variably reactivated. The same northeast trends of anticlines and underlying graben are present in the onshore, where Lower Cretaceous rocks are exposed within both the Strzelecki and Otway ranges. Maturity and migration Numerous studies of the hydrocarbon generation and thermal history of the Gippsland Basin have been undertaken, but the results of these investigations remain largely unpublished. It has been suggested that the main period of hydrocarbon generation and expulsion was initiated in the Miocene, as a result of increased sedimentary loading by the Oligocene and younger carbonate sequences (Moore et al, 1992). Some workers (Duddy et al, 1997) have proposed that the source rocks within the basin are currently at their peak levels of hydrocarbon generation and expulsion. Given that traps in the top-Latrobe interval were formed as a result of Neogene compressional events, the relative timing of trap formation and reservoir charging is ideal. This ‘late charge’ scenario does not apply to the deeper Latrobe Group, however. The Late Cretaceous depocentres underwent an early phase of generation and migration – in about the late Paleocene to early Eocene (Moore et al, 1992). With peak generation from the Golden Beach Subgroup likely to have occurred during the Eocene due to relatively high heat flows (Summons et al, 2002). At this time, the regional Lakes Entrance seal had not been deposited and thus by necessity, any trapping must have involved intraLatrobe Group sealing units and early formed traps. Just how much of this early generated hydrocarbon inventory was in fact ever trapped remains problematical. Recent migration modelling by GeoScience Victoria indicates that there are two long distance fill-spill pathways in the Gippsland Basin (Figure 5; O’Brien et al, 2008), with evidence of an early oil charge in many of the giant fields now filled with gas (e.g., Barracouta, Snapper, Marlin). Play types The two principal types of petroleum plays are present on both the basin terraces and in the Central Deep; these are Top-Latrobe plays, and the intraLatrobe/Golden Beach plays. The elements associated with these plays are as follows: 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 20 of 27 Top-Latrobe Group plays Source: Halibut and Golden Beach subgroups; ?Strzelecki Group Seal: Lakes Entrance Formation Reservoirs: Burong, Barracouta, Kingfish, Flounder formations and Gurnard Formation when present Traps: Erosional remnants as in Tuna, Halibut/Cobia/Fortescue, Volador or Sunfish (reservoirs are intra-Latrobe); Anticlines as in Snapper, Moonfish, Marlin and Turrum, Leatherjacket; Possible topLatrobe sediments as in Sweetlips. Intra- and deep-Latrobe Group plays (Halibut, Golden Beach and Emperor subgroups) Source: Halibut, Golden Beach and Emperor subgroups; ?Strzelecki Group Seal: Intra-Halibut/Golden Beach mudstones, Kipper Shale or younger volcanics Reservoirs: Intra-Latrobe, Golden Beach and Emperor sandstones Traps: Highside fault closures as seen in Angler or Dolphin; Lowside fault closures as in Kipper, Basker/Manta/Gummy, Longtom, West Tuna or Archer/Anemone; Faulted anticlines as in Flounder, Seahorse, Whiting and Turrum. Critical Risks The Release Areas are relatively under-explored, particularly along the southern margin of the basin. Distribution and effectiveness of sealing facies is not seen as a major risk over most of the areas. An effective regional seal – the marls of the lower Seaspray Group – is likely to be present over the majority of the Release Areas, although the lithologies in the eastern offshore area and on the Southern Platform remain unknown. The quality of intraformational seals depends very much on the overall facies associations and their variations through time. Well control in the Central Deep and on the Northern Terrace indicates that the Latrobe Group sediments tend to have more marine influence in the easternmost part of the basin. Uncertainties also relate to the behaviour of the main fault systems and related structures. The transition between the Central Deep and the Northern Terrace is controlled by a complex fault system (the Rosedale Fault System) that has juxtaposed reservoir and sealing facies in several locations, but is also known to act as migration pathway in others, and this is also likely to be the case in the Foster and Darriman fault systems in the southern part of the 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 21 of 27 basin. Fault seal integrity is certainly one issue that requires detailed attention by any explorer. A further issue around the basin margins is the possibility of freshwater flushing of at least the top portion of the Latrobe Group reservoir. 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 22 of 27 FIGURES Figure 1: Gippsland Basin permit map showing location of Release Areas V11-3, V11-4, V11-5 and V11-6, major oil and gas fields, and petroleum infrastructure. Figure 2: Graticular block map and graticular block listings for Release Areas V11-3, V11-4, V11-5 and V11-6, in the Gippsland Basin, Victoria. Figure 3: Digital terrain image of the Gippsland Basin displaying the major tectonic elements. Figure 4a: Gippsland Basin stratigraphy. Geologic Time Scale after Gradstein et al (2004) and Ogg et al (2008). Hydrocarbon shows are displayed. Figure 4b: Gippsland Basin stratigraphy continued. Geologic Time Scale after Gradstein et al (2004) and Ogg et al (2008). Hydrocarbon shows are displayed. Figure 5: Petromod model showing predicted a: Neogene and b: present day hydrocarbon accumulations at top Latrobe horizon, Gippsland Basin. 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 23 of 27 REFERENCES BERNECKER, T. AND PARTRIDGE, A.D., 2001—Emperor and Golden Beach Subgroups: The onset of Late Cretaceous Sedimentation in the Gippsland Basin, SE Australia. In: HILL, K.C. AND BERNECKER, T. (editors), Eastern Australasian Basins Symposium, A Refocused Energy Perspective for the Future, Petroleum Exploration Society of Australia, Special Publication, 391–402. BERNECKER, T., PARTRIDGE, A.D. AND WEBB, J.A., 1997—Mid-Late Tertiary deep-water temperate carbonate deposition, offshore Gippsland Basin, southeastern Australia. In: JAMES, N.P. AND CLARKE, J.D.A (editors), Cool Water Carbonates, SEPM Special Publications 56, 221–236. BERNECKER, T., THOMAS, H. AND DRISCOLL, J., 2003—Hydrocarbon prospectivity of Areas V03-1, V03-2, 03-1(v) and 03-2(v) offshore Gippsland Basin, Victoria, Australia. Victorian Initiative for Minerals and Petroleum Report 79, Department of Primary Industries. BERNECKER, T., WOOLLANDS, M.A., WONG, D., MOORE, D.H. AND SMITH, M.A., 2001—Hydrocarbon prospectivity of the deep-water Gippsland Basin, Victoria, Australia. The APEA Journal, 41(1), 79–101. BURNS, B.J., BOSTWICK, T.R. AND EMMETT, J.K., 1987—Gippsland terrestrial oils – recognition of compositional variations due to maturity and biodegradation. The APEA Journal, 27, 73–85. BURNS, B.J., JAMES, A.T. AND EMMETT, J.K., 1984—The use of gas isotopes in determining the source of some Gippsland Basin oils. The APEA Journal, 24, 217–221. CHIUPKA, J.W., MEGALLAA, M., JONASSON, K.E. AND FRANKEL, E., 1997—Hydrocarbon plays and play fairways of four vacant offshore Gippsland Basin areas. 1997 acreage release. Victorian Initiative for Minerals and Petroleum Report 42, Department of Natural Resources and Environment. DUDDY, I.R., 1994—The Otway Basin: Thermal structural tectonic and hydrocarbon generation histories. In: FINLAYSON, D.A.I. (editor), NGMA/PESA Otway Basin Symposium Abstracts, Australian Geological Survey Organisation Record 1994/14, 35-42. DUDDY, I.R., GREEN, P.F. AND HEGARTY, K.A., 1997—Impact of thermal history on hydrocarbon prospectivity in SE Australia. In: COLLINS, G. (editor), 1997 Great Southern Basin Symposium, Abstracts, Australian Petroleum Exploration Association, Vic./Tas. Branch, 14–17. FEARY, D.A. AND LOUTIT, T.S., 1998—Cool-water carbonate facies patterns and diagenesis – the key to the Gippsland Basin ‘velocity problem’. The APPEA Journal, 38(1), 137–146. 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 24 of 27 GOLDIE DIVKO, L.M., O’BRIEN, G.W., TINGATE, P.R. AND HARRISON, M.L., 2009—Geological Carbon Storage in the Gippsland Basin, Australia: Containment Potential. VicGCS Report 1, Department of Primary Industries. GOLDIE DIVKO, L.M., O’BRIEN, G.W., HARRISON, M.L. AND HAMILTON, P.J., 2010—Evaluation of the regional top seal in the Gippsland Basin: Implications for geological carbon storage and hydrocarbon prospectivity. APPEA Journal 2010, 463-486. GORTER, J.D., 2001—A Marine Source Rock in the Gippsland Basin? In: HILL, K.C. AND BERNECKER, T. (editors), Eastern Australasian Basins Symposium, A Refocused Energy Perspective for the Future, Petroleum Exploration Society of Australia, Special Publication, 385–390. GRADSTEIN, F., OGG, J. AND SMITH, A. (EDITORS), 2004—A Geologic Time Scale 2004. Cambridge: Cambridge University Press, 589p. HILL, P.J., EXON, N.F., KEENE, J.B. AND SMITH, S.M., 1998—The continental margin off east Tasmania and Gippsland: structure and development using new multibeam sonar data. Exploration Geophysics, 29, 410–419. HOCKING, J.B., 1988—Gippsland Basin. In: DOUGLAS, J.G. AND FERGUSON, J.A. (editors), Geology of Victoria, Victorian Division Geological Survey Australia Inc., Melbourne, 322–347 HOLDGATE, G.R. AND GALLAGHER, S., 1997—Microfossil palaeoenvironments and sequence stratigraphy of Tertiary cool-water carbonates, offshore Gippsland Basin, southeastern Australia. In: JAMES, N.P. AND CLARKE, J.D.A (editors), Cool Water Carbonates, SEPM Special Publications 56, 221–236. HOLDGATE, G.R., WALLACE, M.W., DANIELS, J., GALLAGHER, S.J., KEENE. J.B. AND SMITH, A.J., 2000—Controls on Seaspray Group sonic velocities in the Gippsland Basin – multidisciplinary approach to the canyon seismic velocity problem. The APPEA Journal, 40(1), 295–313. JOHNSTONE, E.M., JENKINS, C.C. AND MOORE, M.A., 2001—An integrated structural and palaeogeographic investigation of Eocene erosional events and related hydrocarbon potential in the Gippsland Basin. In: HILL, K.C. AND BERNECKER, T. (editors), Eastern Australasian Basins Symposium, A Refocused Energy Perspective for the Future, Petroleum Exploration Society of Australia, Special Publication, 403–412. LOWRY, D.C. AND LONGLEY, I.M., 1991—A new model for the MidCretaceous structural history of the northern Gippsland Basin. The APEA Journal, 31(1), 143–153. 2011 Release of Australian Offshore Petroleum Exploration Areas Release Areas V11-3, V11-4, V11-5 and V11-6, Gippsland Basin, Victoria Release Area Geology Page 25 of 27 MARSHALL, N.G., 1989—An unusual assemblage of algal cysts from the Late Cretaceous, Gippsland Basin, southeastern Australia. Palynology, 13, 21–56. MARSHALL, N.G., 1990—Campanian dinoflagellates from southeastern Australia. 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