Project Profile
Location: Exmouth Plateau, Northern Carnarvon Basin off the Northwest Shelf, Australia
Area: 1,622 sq km
Water Depth: 1,000-1,500m
Prospective Resources: 1.6 billion bbls of oil or 10 tcf of gas (best case)
Start-up Year: 2015
WA-507-P covers an area of 1,622 km2 over the Exmouth Plateau, some 300 km offshore Western Australia, in water depths of 1000 to 1500 metres. The area is covered by an existing, high quality 3D seismic dataset, which reveals the presence of a number of large structures, ranging from 27 km2 to 121 km2 in area (on-block area). These structures have potential to contain significant quantities of gas and condensate in the Triassic Mungaroo reservoir. Similar Mungaroo structural traps contain much of the gas condensate discovered to date on the Northwest Shelf. The block is located in the outboard part of the Mungaroo delta system, where the reservoir is likely to be thick and the interbedded shales are thought to have been deposited in a more marine environment, giving potential for oil to be trapped in the structure.
Operators:
Pilot Energy: Operator with 80% interest
Black Swan Resources: 20% interest
Contractors:
TGS: Acquisition and processing of 3-D seismic dataset (2010).