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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Bengal Ends Hydraulic Stimulation Program in Cooper Basin's Barta Block

in Cooper Basin, Australia. The hydraulic stimulation campaign has exceeded Bengal’s technical and commercial expectations. Four of the five wells have now been placed back into production demonstrating an aggregate incremental rate of over 200 gross …

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Holloman and JV to Continue Exploration of PELs 112, 444 in Cooper Basin

Holloman Energy Corporation reported that the company and its Joint Venture partners plan to continue to explore Petroleum Exploration Licenses (PEL) 112 and 444 in Cooper Basin, South Australia … to be prepared when the oil markets become more favorable.

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Origin Energy Revenue Falls Despite Rise in Output

Amid a wave of writedowns by Australian oil-and-gas producers, Origin said it was also reviewing … maintenance and from fields in Australia’s southern Otway and eastern Cooper Basin, as well as a fall in prices. That left revenue down 6% on-quarter …

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Beach Energy Completes Udacha-1 Well Stimulation, Flow Test in Cooper Basin

Rawson Resources Limited disclosed Wednesday the successful completion of the fracture stimulation and flow test of the Udacha-1 well in the Udacha license (PRL 26) in the Cooper Basin, South Australia. Halliburton successfully completed the fracture …

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Shareholders approve merger of Australia's Drillsearch, Beach Energy

Beach and Drillsearch’s core oil and gas assets are held in central Australia’s onshore Cooper Basin. The synergies and cost savings to be realized from the combination of the two companies are estimated at around A$20 million annually on a pre-tax basis …

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Beach Energy rallies despite writedown

Shares in the sector have been battered over the past year, losing between 30 to 80 per cent in value, as oil prices tumbled to 13-year lows. Beach said its impairment charge, to be taken against non-operated oil and gas assets in the Cooper Basin …

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Beach joins chorus on oil assumptions

forecasting writedowns of up to $650 million and further spending cuts at its Cooper Basin operations in South ­Australia. But the news is not all bad for the battered mid-tier oil and gas sector, with a US shale asset sale last week providing a strong …

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Santos flags more oil price pain

Moomba oil and gas plant in Cooper Basin. File Pic. SOUTH Australian oil and gas company Santos has flagged more pain due to the slump in oil prices, writing down assets and reviewing its operations with a focus on preserving cash. The company said it is …

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Empire O&G Completes Interpretation of Geophysical Survey in Perth Basin

Oil and gas producer Empire Oil and Gas reported Thursday that it has completed the interpretation of the Black Swan Airborne geophysical survey in the Perth Basin, Western Australia. In addition to the existing prospect portfolio, structural highs and …

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Senex Energy eyes more hedging gains

Junior oil and gas producer Senex Energy has suffered a … Senex, which has operations in Queensland’s Surat Basin and the Cooper Basin in South Australia, expects to achieve its FY 2016 production guidance of 1.0 to 1.2 mboe. The company said it has …

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