About Cooper Basin Australia

The Cooper Basin is the location of the most important on-shore petroleum and natural gas deposits in Australia The oil and gas window is located 1,250 m below the surface[1] and was originally discovered in the 1960s (although there are larger oil and gas deposits off-shore). The first commercial discovery of gas occurred in 1963.[1] It includes Australia’s largest onshore oil field, the Jackson oil field.[2] This field was discovered in 1981. Pipelines transport gas to the major markets of BrisbaneAdelaide and Sydney. Overall about 1,800 petroleum wells have been drilled.[1]

The largest producer in the basin is Santos Limited with its main production facility at Moomba, South Australia. The oil and gas deposits in the Cooper Basin tend to be fairly small and fragmentary. Overall there are 160 gas fields and 75 oil fields in production containing about 630 producing gas wells and more than 340 producing oil wells.[3] There are many small listed companies exploring for additional deposits in the region. Some of these companies are Austin Exploration Limited, Cooper Energy, Beach Petroleum LimitedSenex EnergyStrike Energy, Acer Energy, Magellan, Impress Energy and many others.*

* source wikipedia.com


cooper basin australia

* Details

Age Late Carboniferous – Middle triassic
Area in South Australia 35 000 km2 (13 510 sq. miles)
Depth to target zones 1250 – 3670 m
Thickness 2500 m
Hydrocarbon shows Widespread over 8 formations
First commercial discovery 1963 gas (Gidgealpa 2)
Production (12 months to December 2005) 67.09 PJ sales gas, 168 kt LPG, 263.08 ML condensate, 609.52 ML crude oil, 295.21 kt ethane (Cooper and Eromanga Basins)
Basin type Intracratonic
Depositional setting Non-marine
Reservoirs B Fluvial, deltaic, shoreface sandstones
Regional structure Faulted anticlines
Seals Lacustrine shales, coal
Source rocks Carbonaceous shale, thick (up to 30 m) coal
Depth to oil/gas window 1250 m (oil)
Number of wells ~1800
Seismic line km 75 829 2D , 8 882 3D km2

**Source Govt of South Australia

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Chevron: plans for oil drilling in Australia canceled

Nigel Hearne, managing director of Chevron Australia emphasized that the decision was … after cancelling the plans to look for shale gas and oil in the Cooper Basin 2 years ago.

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Karoon Gas Australia awarded Santos Basin block in ANP Bid Round 14

Karoon Gas Australia has successfully bid for a prospective 171 sq km offshore block in the Santos Basin in the state of Santa Catarina, Brazil, just south of Rio de Janeiro with a water depth of approx. 400m. Karoon was awarded Block S-M-1537 by the…..more

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Asia-Pacific Crude-PV Oil sells Nov Ruby, Bunga Orkid at higher premiums

It offered 20,000-23,000 barrels per day of Cooper Basin crude to be lifted in cargo size of 300,000-600,000 barrels. For Barrow Island, the buyer must lift 4,500 bpd of the oil from all of the sellers, namely Chevron, Santos and Mobil Australia Resources …

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Origin to Sell Lattice Energy Unit for A$1.585 Billion — Update

Lattice’s portfolio includes Origin’s stakes in an oil-and-gas venture in the Cooper Basin in South Australia, gas operations in Western Australia, Victoria and New South Wales states and exploration projects in New Zealand. The exit leaves Origin focused …

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Australia’s Beach Energy to buy Lattice Energy in $1.25-billion deal

Origin joins other energy producers such as Santos Ltd. in slashing debt following an oil rout and ballooning costs of … to increase its exposure to energy assets in central Australia’s Cooper Basin. Beach shares, which have declined 2.9% this …

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Origin and Santos: Australia’s bungling Gas Giants

All of the write offs in FY17 related to its oil … Australia capable of replacing GBJV. Perhaps CSG gas in Victoria might have that possibility. I’ve never seen any studies on the technical merits. Certainly, it’s not coming from NSW or the Cooper Basin.

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Bass gas in Exxon’s frame due to onshore constraint

Cooper Energy and Origin Energy are also planning wells in Bass Strait from early next year, in what will be the first drilling in the nation’s most prolific oil and gas region for three years. Exxon Australia … Gippsland Basin, where it operates …

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T7 Global strikes oil in Australia

Kuala Lumpur: T7 Global Bhd’s investment, Triangle Energy (Global) Ltd, has strike oil in the coastal Xanadu-1 well in the Perth Basin. In a filing to Bursa Malaysia, the company, formerly known as Tanjung Offshore Bhd, also said, it has secured two …

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T7 Global Investment In Triangle Energy Strikes Oil In Australia

KUALA LUMPUR, Sept 18 (Bernama) — T7 Global Bhd’s investment, Triangle Energy (Global) Ltd, has strike oil in the coastal Xanadu-1 well in the Perth Basin. In a filing to Bursa Malaysia, the company, formerly known as Tanjung Offshore Bhd, also said …

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Mosman Oil & Gas Completes Acquisition Of Welch Permian Basin

LONDON (Alliance News) – Mosman Oil & Gas Ltd said on Friday it has completed its acquisition of the Welch Permian Basin asset for USD130,000, as the company continues to progress its operations in the US, Australia and New Zealand. The project is situated …

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