Geology and petroleum prospectivity of the deepwater Otway and Sorell basins: new insights from an integrated regional study

Abstract

The frontier deepwater Otway and Sorell basins lie offshore of southwestern Victoria and western Tasmania at the eastern end of Australia’s Southern Rift System. The basins developed during rifting and continental separation between Australia and Antarctica from the Cretaceous to Cenozoic. The complex structural and depositional history of the basins reflects their location in the transition from an orthogonal–obliquely rifted continental margin (western–central Otway Basin) to a transform continental margin (southern Sorell Basin). Despite good 2D seismic data coverage, these basins remain relatively untested and their prospectivity poorly understood. The deepwater (> 500 m) section of the Otway Basin has been tested by two wells, of which Somerset–1 recorded minor gas shows. Three wells have been drilled in the Sorell Basin, where minor oil shows were recorded near the base of Cape Sorell–1. As part of the federal government-funded Offshore Energy Security Program, Geoscience Australia has acquired new aeromagnetic data and used open file seismic datasets to carry out an integrated regional study of the deepwater Otway and Sorell basins. Structural interpretation of the new aeromagnetic data and potential field modelling provide new insights into the basement architecture and tectonic history, and highlights the role of pre-existing structural fabric in controlling the evolution of the basins. Regional scale mapping of key sequence stratigraphic surfaces across the basins, integration of the regional structural analysis, and petroleum systems modelling have resulted in a clearer understanding of the tectonostratigraphic evolution and petroleum prospectivity of this complex basin system.