AUSTRALIA'S DEEPWATER FRONTIER PETROLEUM BASINS AND PLAY TYPES

Abstract

Vast areas of Australia's continental margin sedimentary basins lying seawards of the 200 m water depth line, or shelf edge, are under-explored for petroleum. Indeed, most are essentially unexplored. However, recent advances in drilling and production technology, as well as recent reconnaissance seismic, geochemical, geothermal and seabed sampling data collected by the Bureau of Mineral Resources' (BMR) Marine Division, may reduce the perceived economic risk of many of these deepwater basins relative to their shelf counterparts. Triassic reefs have been identified off the northern Exmouth Plateau and possibly in the deepwater Canning Basin, locally within a predicted oil window. In the deepwater North Perth Basin, major wrench structures have been identified. The deepwater areas of the Great Australian Bight and Otway Basin are actually the main depocentres of a major basin complex lying along the almost totally unexplored southern Australian continental margin. The Latrobe Group in the outer Gippsland Basin is likely to have similar geology to the well explored and productive shelf basin, but remains untested. The Queensland and Townsville troughs, in deepwater off northeast Australia, contain many significant structures typical of unbreached rift systems.All these areas have been risked relative to each other and their prospectivity assessed. The most attractive frontier areas in terms of relative risk may be the Otway and North Perth basins. The highest potential may occur in the deepwater rift troughs off northeast Australia, although the relative risk is very high. Triassic reefs of the Northwest Shelf may have the best prospectivity in the shorter term, given that they are known from drilling in a region with proven source potential and a substantial exploration infrastructure.