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The Australian Government is committed to creating a policy framework to expand Australia's resource base, increase the international competitiveness of our resources sector and improve the regulatory regime, consistent with the principles of environmental responsibility and sustainable development.
Location Map

Gippsland Basin, Victoria and Tasmania

The Gippsland Basin is located in southeastern Victoria and extends into Tasmanian waters. The basin is primarily situated offshore with water depths reaching up to 4000 m to greater than 3000 m. Comprising a world-class petroleum province, the Gippsland Basin has giant oil and gas producing fields, existing infrastructure with widespread seismic coverage and extensive well distribution. The release areas are located along the southern margin of the Gippsland Basin. The release areas are based on the expected fluid migration pathways.

Reservoir:  Top Latrobe Group and intra-Latrobe Group.
Seal:            Lakes Entrance Formation regional seal; intra-formational seals of the Latrobe Group.
Trap:            Major pinch-out plays and migration dissolution/residual trapping.

Refer to O’Brien et al., 2008 for stratigraphic information.

GIPP-01, GIPP-02 AND GIPP-03, Southern Platform, Gippsland Basin

GIPP-01, GIPP-02 and GIPP-03 are located along the southern Gippsland Basin margin and cover much of the Southern Platform in offshore Victoria and Tasmania (Figure 1).

Release area GIPP-01 (Figure 2) covers an area of approximately 4385 square kilometres and 67 graticular blocks or parts thereof. Release area GIPP-02 (Figure 2) covers an area of approximately 3805 square kilometres and 57 graticular blocks, or parts thereof. Release area GIPP-03 (Figure 2) covers an area of approximately 5460 square kilometres and 82 graticular blocks or parts thereof.

Overlapping Petroleum Exploration Titles

Release Areas

Overlapping Petroleum Titles

Petroleum Title Holders

 

VIC/P42

Apache Energy (Operator); INPEX; Bass Strait Oil Company

GIPP-01

VIC/P58

Apache Energy

 

VIC/P63

Drillsearch Energy Ltd

 

VIC/P64

Drillsearch Energy Ltd

 

VIC/P42

Apache Energy (Operator); INPEX; Bass Strait Oil Company

GIPP-02

VIC/P45

Exoil Ltd (Operator); Moby Oil & Gas Ltd; Australian-Canadian Oil Royalties Ltd

 

VIC/P64

Drillsearch Energy Ltd

 

T/46P

Drillsearch Energy Ltd

 

VIC/P59

Apache Energy (Operator); Kuwait Energy Petroleum Exploration Company

GIPP-03

VIC/P60

Hollman Energy (Operator); Australian-Canadian Oil Royalties Ltd; Fly Sakha

 

T/46

Drillsearch Energy Ltd

 

Location map of Gippsland Basin

Figure 1. Location map of offshore Greenhouse Gas Storage release areas for Assessment GIPP-01, GIPP-02 and GIPP-03, Gippsland Basin.

Page Last Updated: 1/02/2011 12:06 AM