Offshore Petroleum Exploration Acreage Release 2013

Gippsland Basin

Location of the 2013 Release Areas V13-2 in the Gippsland Basin.

Release Areas – V13-2

Bids close – 22 May 2014

Highlights

  • Shallow to ultra-deep water depths (70–2500 m)
  • Exploration opportunities in deep-water frontier area
  • Proven plays in anticlines, tilted fault blocks, stratigraphic pinchouts and channel sandstones
  • Multiple potential oil- and gas-prone source rocks and active petroleum systems within the region
  • Special Notices apply, refer to Guidance Notes

Release Area V13-2 straddles the modern continental shelf edge and extends into the Bass Canyon where water depth increases to 3,000 m. Geological control is provided by 16 exploration wells which have tested top-Latrobe Group and intra-Latrobe Group targets. Oil and gas discoveries at Angler and Archer/Anemone have demonstrated that a petroleum system, involving the Santonian (Upper Cretaceous) Golden Beach Subgroup, exists in the southeastern part of the Release Area.

The basin developed during the Early Cretaceous as part of the break-up of Gondwana with the separation of the Australian and Antarctic continents. Continued rifting into the Late Cretaceous generated a classic extensional geometry comprising a depocentre (the Central Deep) that is flanked by platforms and terraces. Several petroleum systems operate in the basin. The largest oil and gas fields are hosted by top-Latrobe Group (Eocene) shallow marine barrier sandstones with additional discoveries made in intra-Latrobe (Paleocene) coastal plain and deltaic channel sandstones.

Related documents
Document TitlePDFOther Format
Release Area Map – Gippsland Basin PDF JPG
Geology – Gippsland Basin PDF DOC
Data Listing – Gippsland Basin PDF XLS
Block Listing – Gippsland Basin PDF DOC
Block Diagram – Gippsland Basin PDF JPG
Regional Geology – Gippsland Basin PDF DOC
Further information on bidding and assessment PDF DOC
2013 Acreage Release Special Notices PDF DOC

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