Offshore Gippsland Basin – Exploration Permit – Vic/P47
- Australia’s premier hydrocarbon province
- Located 200 km east of Melbourne
- Exploration commenced in 1924
- Over 400 exploration wells drilled
- Some 90,000 line km of 2D seismic
- More than forty 3D seismic surveys
- Gas infrastructure well developed with a network of pipelines to onshore gas processing facilities at Longford and Orbost.
- Gas delivered across southeastern Australia as far as Sydney, Adelaide and Tasmania
- Operators include Esso/BHP, Nexis, 3D-Oil and Cooper Energy
- Esso/BHP have developed the Kipper gas field adjacent to Vic/P47 investing over $5.5 billion in the basin as part of its Kipper – Tuna – Turrum gas project
Vic/P47
- EMP holds 100% of 202 km2 Vic/P47 Permit
- EMP is Operator of the Permit
- Water depths: 20 – 85 m
- Two-gas discovery wells drilled within the permit:
- Judith-1 drilled by Shell in 1989
- Moby-1 drilled by Bass Strait Oil in 2004
- 3D seismic reprocessing, mapping and interpretation completed in August 2017
- 1.8 Tcf Gas in Place Estimate at Judith Prospect
- Longtom gas field 15 km to west of Vic/P47 provides a good analogy for successful appraisal, potential development and production from Emperor Group Reservoirs at Judith
- Judith is located 2 km north of the Kipper Gas Field recently into production by Esso / BHP
- Application to renew permit for 5 years lodged with NOPTA in August 2017
Vic/P47 Volumetrics Summary
Summary of Gross Contingent Resources for the Judith Discovery
(Gaffney Cline & Associates, 2013)
Gas-in Place Bcf | Gas Recoverable Bcf Gross Contingent Resources |
|||||
Block | P90 | P50 | P10 | C90 | C50 | C10 |
Judith | 67 | 155 | 368 | 37 | 101 | 276 |
Total | 67 | 155 | 368 | 37 | 101 | 276 |
Unrisked Probabilistic | Gas-in Place Bcf 1 | Gas Recoverable Bcf 2,3 | ||||
Block | P90 | P50 | P10 | C90 | C50 | C10 |
Judith | 300 | 420 | 550 | 165 | 273 | 413 |
North | 1200 | 1380 | 1550 | 600 | 897 | 1163 |
Total | 1500 | 1800 | 2100 | 825 | 1170 | 1575 |
Location
