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

Posted in Cooper Basin Australia0 Comments

Real Energy commences fracture stimulation of Tamarama-1 well

Real is well positioned to further exploit its 100%-owned acreage in the Cooper Basin, Australia’s premier onshore oil & gas province. The facture stimulation of Tamarama-1 represents the next step in Real Energy unlocking the value of its extensive …

Posted in Cooper Basin Australia Oil NewsComments Off on Real Energy commences fracture stimulation of Tamarama-1 well

Fracture stimulation of Tamarama-1 well commences

Real is well positioned to further exploit its 100%-owned acreage in the Cooper Basin, Australia’s premier onshore oil & gas province. The facture stimulation of Tamarama–1 represents the next step in Real Energy unlocking the value of its extensive …

Posted in Cooper Basin Australia Oil NewsComments Off on Fracture stimulation of Tamarama-1 well commences

Real Energy Commences Fracture Stimulation Program at Tamarama-1

Cooper Basin focused oil and gas company, Real Energy Corporation Limited has commenced a five-stage fracture stimulation program at the Tamarama-1 well at located in the Windorah Gas Project in ATP 927P, Australia, Queensland. During the weekend all the …

Posted in Cooper Basin Australia Oil NewsComments Off on Real Energy Commences Fracture Stimulation Program at Tamarama-1

MEC Updates on PEP11 Planned Seismic Program in Offshore Sydney Basin

MEC Resources Ltd. provided Thursday the following update in relation to the planned seismic program within PEP11, in the offshore Sydney Basin, Australia … investee entity of MEC Resources Ltd. Bounty Oil & Gas NL holds the remaining 15 percent of …

Posted in Cooper Basin Australia Oil NewsComments Off on MEC Updates on PEP11 Planned Seismic Program in Offshore Sydney Basin

Bounty Oil & Gas NL : Australia's Bounty Raises Oil Stakes in Surat Basin, Exits PL214 JV

09:03p BOUNTY OIL & GAS NL: Australia’s Bounty Raises Oil Stakes in Surat Basin, Exits.. 04/06 BOUNTY OIL & GAS NL: First Gas Flows from Kilwani North Field in Tanzania 04/06 BOUNTY OIL & GAS NL: 06.04.2016 – Kiliwani North – First Gas Produc..

Posted in Cooper Basin Australia Oil NewsComments Off on Bounty Oil & Gas NL : Australia's Bounty Raises Oil Stakes in Surat Basin, Exits PL214 JV

Australia's Bounty Raises Oil Stakes in Surat Basin, Exits PL214 JV

group for Bounty to acquire additional oil development interests in the Southern Surat Basin, East Queensland, Australia; to exit the PL 214 Utopia Joint Venture (PL 214); South West Queensland and to settle its ongoing dispute in connection with PL 214.

Posted in Cooper Basin Australia Oil NewsComments Off on Australia's Bounty Raises Oil Stakes in Surat Basin, Exits PL214 JV

MEC Says Seismic Survey Being Planned for PEP11 Offshore Australia

MEC Resources Ltd. reported Monday that in relation to the proposed exploration works by Advent Energy Ltd. within PEP11 in the offshore Sydney Basin, Australia … entity of MEC Resources Ltd. Bounty Oil & Gas NL holds the remaining 15 percent of PEP11.

Posted in Cooper Basin Australia Oil NewsComments Off on MEC Says Seismic Survey Being Planned for PEP11 Offshore Australia

Crude oil's mini-recovery may see off private equity wave

AWE’s interest in the Perth Basin gas venture has attracted the eye of private equity. Photo: Karl Schwerdtfeger Last week’s news of a $421 million cash … most interest from private equity in Australian oil and gas appears to have been “relatively …

Posted in Cooper Basin Australia Oil NewsComments Off on Crude oil's mini-recovery may see off private equity wave

AWE, Mitsui in joint bid; GenesisCare sale documents sent

Oil … Cooper Basin venture but that process has stalled Mitsui has previously worked with Rothschild which steered it into Santos’ Kipper gas field, off the coast of Victoria, in November 2015. Mitsui’s local subsidiary, Mitsui E&P Australia …

Posted in Cooper Basin Australia Oil NewsComments Off on AWE, Mitsui in joint bid; GenesisCare sale documents sent

Comet Ridge, APA Ink MOU to Pipe Gas from Australia's Galilee Basin Permits

to work towards the transportation of gas from Comet Ridge’s Galilee Basin permits in Queensland to east coast gas markets in Australia. The MOU provides a framework of cooperation between the parties to negotiate the commercial terms of a gas …

Posted in Cooper Basin Australia Oil NewsComments Off on Comet Ridge, APA Ink MOU to Pipe Gas from Australia's Galilee Basin Permits

Advert

Commodity Prices

World Rig Count

News Archives