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

TAG appoints Jacobs as COO

where he led the acquisition of several oil and gas properties in Papua New Guinea and Indonesia. He also led the acquisition of numerous Australian companies including Basin Oil, Barcoo Petroleum, and Esso Timor Sea Ltd. Jacobs holds a Bachelor of Science …

Posted in Cooper Basin Australia Oil NewsComments Off on TAG appoints Jacobs as COO

TAG Welcomes Experienced International Oil and Gas Executive Onboard as COO

where he led the acquisition of several oil and gas properties in Papua New Guinea and Indonesia. He also led the acquisition of numerous Australian companies including Basin Oil, Barcoo Petroleum and Esso Timor Sea Limited. “I have known Frank for more …

Posted in Cooper Basin Australia Oil NewsComments Off on TAG Welcomes Experienced International Oil and Gas Executive Onboard as COO

Aubrey McClendon’s American Energy Partners Seeks Capital for Australia Push

Mr. McClendon’s American Energy Partners LP, which has been on a buying spree across major U.S. energy basins, is seeking capital for a new entity that would purchase about 16 million acres of shale in the McArthur Basin in northern Australia …

Posted in Cooper Basin Australia Oil NewsComments Off on Aubrey McClendon’s American Energy Partners Seeks Capital for Australia Push

SGH goes back to the Beach

The Cooper Basin, a big oil and gas province on the South Australian, Queensland and Northern Territory border, is seen as a key supplier to energy-strapped NSW as well as providing backfill for Gladstone Island’s three hungry LNG plants.

Posted in Cooper Basin Australia Oil NewsComments Off on SGH goes back to the Beach

Orocobre, Sundance Energy favoured by UBS small-cap funds

UBS says Orocobre, with its new long … benchmark oil prices, 45 per cent down on last year’s peak, Sundance’s wells enjoy rates of return of about 30 per cent. In contrast, the team sees little value to be had in Cooper Basin plays in Australia, where …

Posted in Cooper Basin Australia Oil NewsComments Off on Orocobre, Sundance Energy favoured by UBS small-cap funds

Seven raises stake in Beach Energy amid consolidation talk

Seven Group Holdings has lifted its stake in Cooper Basin oil and gas producer Beach Energy, fuelling speculation that it seeks to drive a consolidation of players in the central Australian oil and gas province. In a sharemarket notice late on Friday …

Posted in Cooper Basin Australia Oil NewsComments Off on Seven raises stake in Beach Energy amid consolidation talk

Seven Group again lifts stake in Beach Energy amid consolidation talk

Seven Group Holdings has again increased its holding in Cooper Basin oil and gas producer Beach Energy, further fuelling speculation it is seeking to drive a consolidation between players in the central Australian oil and gas province. In a filing lodged …

Posted in Cooper Basin Australia Oil NewsComments Off on Seven Group again lifts stake in Beach Energy amid consolidation talk

Mad Men face a challenge selling Australian coalseam gas

It was a good news story: here was a home-grown source of oil and gas that promised to deliver cheap … s Bass Strait and conventional fields in the onshore Cooper Basin in South Australia, the state’s neighbor to the west. The new Queensland LNG …

Posted in Cooper Basin Australia Oil NewsComments Off on Mad Men face a challenge selling Australian coalseam gas

Oil prices diverge at close

US oil prices rose during the final session of the week as traders weighed expectations of growing demand against concerns that the market remains oversupplied. Light, sweet crude settled up US45c, or 0.8 per cent, to $US59.39 a barrel on the New York …

Posted in Cooper Basin Australia Oil NewsComments Off on Oil prices diverge at close

Cooper Energy : Callawonga-11 Spuds

an oil appraisal well located in PPL 220 on the western flank of the Cooper Basin, South Australia, spudded on Wednesday 6 May 2015 at 04:00 hours. At 06:00 hours this morning, the rig was drilling ahead at 51 metres in 12-1/4 inch surface hole.

Posted in Cooper Basin Australia Oil NewsComments Off on Cooper Energy : Callawonga-11 Spuds

Advert

Commodity Prices

World Rig Count

News Archives