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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Cooper Energy : Q3 FY15 Highlights

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Bass Strait Oil Company Ltd., an petroleum explorer focused on southeast Australia, revealed Monday that as part of its strategic review in February, the company advised that it has received an initial assessment of the Company’s Gippsland Basin asset base.

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