The hydrocarbon potential of the 2016 proposed Offshore Acreage Release Areas for petroleum exploration

2016 ◽  
Vol 56 (1) ◽  
pp. 451
Author(s):  
Thomas Bernecker ◽  
Aaron Heugh ◽  
Karen Higgins ◽  
Ryan Owens

The Australian Government usually releases new offshore exploration acreage once a year. The proposed 2016 Release Areas are located across various offshore hydrocarbon provinces and include mature basins with ongoing oil and gas production as well as exploration frontiers. In support of the annual acreage release, Geoscience Australia provides a variety of geological information with an emphasis on basin evolution, stratigraphic frameworks, and overviews of hydrocarbon prospectivity. Geoscience Australia’s petroleum geological studies are aimed at the evolution of hydrocarbon-bearing basins at a regional scale, and include a review of source rock occurrences, their distribution and geochemical characters. Following the recent oil discovery in the Roebuck Basin, a strong focus of Geoscience Australia’s work is being placed on the Triassic period, and any new findings will directly underpin the release of new exploration acreage. Recent updates to stratigraphic frameworks and new results from geochemical studies are regularly published, and are used by Geoscience Australia for prospectivity assessments. Furthermore, the Australian Government continues to assist offshore exploration activities by providing ready access to a wealth of geological and geophysical data.

2018 ◽  
Vol 18 (9) ◽  
pp. 6483-6491 ◽  
Author(s):  
Jian-Xiong Sheng ◽  
Daniel J. Jacob ◽  
Alexander J. Turner ◽  
Joannes D. Maasakkers ◽  
Melissa P. Sulprizio ◽  
...  

Abstract. We use observations of boundary layer methane from the SEAC4RS aircraft campaign over the Southeast US in August–September 2013 to estimate methane emissions in that region through an inverse analysis with up to 0.25∘×0.3125∘ (25×25 km2) resolution and with full error characterization. The Southeast US is a major source region for methane including large contributions from oil and gas production and wetlands. Our inversion uses state-of-the-art emission inventories as prior estimates, including a gridded version of the anthropogenic EPA Greenhouse Gas Inventory and the mean of the WetCHARTs ensemble for wetlands. Inversion results are independently verified by comparison with surface (NOAA∕ESRL) and column (TCCON) methane observations. Our posterior estimates for the Southeast US are 12.8±0.9 Tg a−1 for anthropogenic sources (no significant change from the gridded EPA inventory) and 9.4±0.8 Tg a−1 for wetlands (27 % decrease from the mean in the WetCHARTs ensemble). The largest source of error in the WetCHARTs wetlands ensemble is the land cover map specification of wetland areal extent. Our results support the accuracy of the EPA anthropogenic inventory on a regional scale but there are significant local discrepancies for oil and gas production fields, suggesting that emission factors are more variable than assumed in the EPA inventory.


2019 ◽  
Vol 59 (2) ◽  
pp. 482
Author(s):  
Graeme Bethune

This Petroleum Exploration Society of Australia review looks in detail at the trends and highlights for oil and gas production and development both onshore and offshore Australia during 2018. Total petroleum production climbed strongly for the third consecutive year, driven by LNG. A highlight is the start-up of the INPEX Ichthys project. Production is set for further growth in 2019 with the ramp-up of this project and the start-up of Shell’s Prelude floating LNG project. Prelude and Ichthys are the last projects to be commissioned in a wave of seven new LNG projects that are making Australia the world’s largest LNG exporter and a crucial supplier of gas to Asia, including the largest source of LNG for Japan and China and the second-largest source for South Korea. By contrast, Australian oil production continued to fall rapidly and is now easily surpassed by rising condensate production from new LNG projects. There were stark contrasts between domestic gas on the west and east coasts. On the west coast, prices remain low and supply relatively plentiful. The east coast domestic market was tighter and LNG producers responded by diverting gas supplies to the domestic market. This paper canvasses these trends and makes conclusions about the condition of the oil and gas industry in Australia. This paper relies primarily on production and reserves data compiled by EnergyQuest and published in its EnergyQuarterly reports.


2018 ◽  
Vol 58 (2) ◽  
pp. 469
Author(s):  
Graeme Bethune ◽  
Susan Bethune

This Petroleum Exploration Society of Australia review looks in detail at the trends and highlights for oil and gas production and development both onshore and offshore Australia during 2017. Gas production soared while oil production plummeted yet again. Liquefied natural gas (LNG) did well; 2017 was a great year for LNG and 2018 should be even better. There are stark contrasts between domestic gas on the west and east coasts. On the west coast, prices are affordable and supply relatively plentiful. On the east, prices are high and gas is in short supply. This paper canvasses these trends and makes conclusions about the condition of the oil and gas industry in Australia. This paper relies primarily on production and reserves data compiled by EnergyQuest. In its latest review of Australian energy policy, the International Energy Agency comments yet again on the weaknesses of Australian oil and gas statistics. This paper also makes some observations on these weaknesses.


2020 ◽  
Vol 19 (1-2) ◽  
pp. 181-200
Author(s):  
Ifeanyi Ezeonu

Abstract Petroleum exploration activities started in Nigeria’s Niger Delta in the early twentieth century as part of the expansive process of primitive accumulation instituted by the British colonial administration to advance its economic interest. Since petroleum resources were discovered in commercial quantities in the region in 1956, transnational extraction corporations (including Shell, Chevron, and ExxonMobil) in collaboration with the emergent domestic compradors have plundered the resource wealth. While decades of crude oil and gas production in the region have enormously enriched the captors of the petroleum industry, the host communities have suffered debilitating economic and health consequences. This article discusses the public health challenges resulting from this predatory political economy, along the lines of a bourgeoning body of literature that conceptualizes preventable market-driven harms as criminal.


2014 ◽  
Vol 54 (1) ◽  
pp. 383
Author(s):  
Thomas Bernecker ◽  
Dianne Edwards ◽  
Tehani Kuske ◽  
Bridgette Lewis ◽  
Tegan Smith

The Australian Government formally releases new offshore exploration areas at the annual APPEA conference. Industry nominations provided guidance for the selection of gazettal areas, and in 2014 all 30 areas are supported by such nominations. The release areas are located across various offshore hydrocarbon provinces ranging from mature basins with ongoing oil and gas production to exploration frontiers. Work program bids are invited for two rounds closing on 2 October 2014 and 2 April 2015, while the closing date for four cash bid areas is 5 February 2015. Twenty-nine of the 2014 Release Areas are located along Australia’s northern margin within the Westralian Superbasin, which encompasses the rift-basins that extend from the Northern Carnarvon Basin to the Bonaparte Basin. Evolution during Gondwana break-up established a series of petroleum systems, many of which have been successfully explored, while others remain untapped. Only one area was nominated and approved for release on Australia’s southern margin. The 220 graticular blocks cover almost the entire Eyre Sub-basin of the Bight Basin. In the context of the recent commencement of large-scale exploration programs in the Ceduna and Duntroon sub-basins, this release area provides additional opportunities to explore an offshore frontier. Geoscience Australia’s new long-term petroleum program supports industry activities by engaging in petroleum geological studies that are aimed at the establishment of margin to basin-scale structural frameworks and comprehensive assessments of Australian source rocks underpinning all hydrocarbon prospectivity studies.


2015 ◽  
Vol 55 (1) ◽  
pp. 71
Author(s):  
Thomas Bernecker ◽  
Tehani Kuske ◽  
Bridgette Lewis ◽  
Tegan Smith

The Australian Government formally releases new offshore exploration areas at the annual APPEA conference. These areas are located across various offshore hydrocarbon provinces ranging from mature basins with ongoing oil and gas production to exploration frontiers. A total of 23 areas are released for work-program bidding and six areas for cash bidding (Fig. 1). The two work-program bidding rounds will remain open until 29 October 2015 and 21 April 2016, respectively, while cash bid submissions will close on 4 February 2016. The 2015 Release Areas are located in 13 distinct geological provinces across eight basins and all were supported by industry nominations. Six areas are located in the Bonaparte Basin, two of which are cash bid areas over the Turtle/Barnett oil accumulations. In the Browse Basin, three areas in the Caswell Sub-basin and one area on the Yampi Shelf are released. In support of recent exploration activities and success, one large area has been gazetted in the central Roebuck Basin. The Northern Carnarvon Basin offering comprises 11 areas on the Exmouth Plateau and in the Dampier Sub-basin, including four for cash bidding. This year, the usual predominance of North West Shelf Release Areas is counterbalanced by seven large areas in the Bight, Otway, Sorell and Gippsland basins. This includes one area in the Ceduna Sub-basin, three areas in the deepwater Otway Basin, one area in the northern Sorell Basin and two areas in the southeastern Gippsland Basin. The nominations received for these areas highlights the industry’s interest in evaluating the hydrocarbon potential of Australia’s underexplored southern margin. Geoscience Australia continues to support industry activities by acquiring, interpreting and integrating pre-competitive datasets that are made freely available as part of the agency’s regional petroleum geological studies.


2020 ◽  
Vol 15 (4) ◽  
Author(s):  
G.S. Abdullaev ◽  
◽  
A.N. Bogdanov ◽  
N.K. Eydel'nant ◽  
◽  
...  

The Surkhandarya region is one of the five petroleum bearing regions of the Republic of Uzbekistan, with proven oil and gas production in the stratigraphic range from the Middle Upper Jurassic to the Upper Paleogeone, inclusive. The article provides a general overview of the region, the history of geological and geophysical exploration, lithological and stratigraphic characteristics of sections, tectonic structure, oil and gas content. The stratigraphic and tectonic confinement of accumulations and their phases composition are given. The history of the development of the region is considered, the results of geological petroleum exploration, including those carried out by investors, the number of petroleum discoveries, their ranking by types of fluids, and the degree of development are presented. The priority stratigraphic structures and territories for further petroleum exploration have been identified. Further oil and gas prospects of the region are justified by the presence of promising traps, as well as predictedand promising hydrocarbon resources. The forecasted resources of hydrocarbon raw materials are given for stratigraphic sections: Middle-Upper Jurassic, Lower Cretaceous, Upper Cretaceous and Paleogene age, which indicates the expediency of carrying out prospecting petroleum exploration in the Surkhandarya region of the Republic of Uzbekistan.


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