Aspects of exploration, development of Vulcan sub-basin, Timor Sea

Journal Article · Sun Oct 01 00:00:00 EDT 1989 · Oil and Gas Journal; (USA)

OSTI ID:5342415

Smith, B L ^[1]; Lawrence, R B ^[2]

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1. Peko Oil Ltd., Pymble, New South Wales (GB)
2. Santos Ltd., Adelaide, South Australia (AU)

This article presents a geological summary of the Vulcan sub-basin. Three exploratory phases in the Timor Sea are detailed and the economics of exploration in this area is discussed. The Timor Sea is emerging as a major Australian oil-producing area. From the Jabiru field alone Timor Sea oil production contributes 9% of Australia's oil production. The Timor Sea will soon rank second in terms of daily production. Early phases of exploration in the area focused on the detection and drilling of large structures. Success rates were low. Since the Jabiru discovery in 1983, better exploration methods have resulted in the delineation of many prospects which could contain significant oil reserves. New play concepts being developed will result in additional prospects.

• OSTI ID: 5342415
• Journal Information: Oil and Gas Journal; (USA), Vol. 87:44; ISSN 0030-1388
• Country of Publication: United States
• Language: English

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