Project Profile
Location: Cooper-Eromanga Basin, central Cooper basin Nappamerri Trough shale gas fairway, Central Australia
Value: Undisclosed
Area: 500,000 acres
Start-up Year: -
ATP 940P covers more than 500,000 acres of the central Cooper basin Nappamerri Trough shale gas fairway. The Cooper-Eromanga Basin is located in Central Australia and divided over two states which are the north-eastern region of South Australia and the south-western region of Queensland. The Eromanga Basin sedimentary rocks that were developed during the Early Jurassic to Late Cretaceous unconformably overlie the older Cooper Basin sedimentary rocks that were developed during the Palaeozoic stage. The unconformable relationship between the basins provides a migration pathway at the Permian sub-crop edge for the Permian sourced oils to reach these overlying reservoir rocks. The first oil discoveries were made in 1978 at Strzelecki in South Australia and Jackson in Queensland. Since then, exploration has encountered oil and gas accumulations from the Permian through to the Cretaceous aged sedimentary rocks.
Cumulative production from the Cooper-Eromanga Basins since the year 1977 holds the total of 270 million barrels of oil, 82 million barrels of condensate, and 123 million barrels of LPG and 5.5 trillion cubic feet of sales gas.
Operators:
Circumpacific (a subsidiary of Beach Energy): Operator with 40% interest
QGC (Shell): 60% interest
Contractors:
Halliburton: Hydraulic stimulation services