Angus M. Robinson and Christine Edgoose, Geological Society of Australia
‘Big Red’ country, encapsulated in Australia’s first National Landscape - Australia’s Red Centre is now being recognised as a major draw for global travellers seeking outstanding geotourism experiences in the country.
The 2014 Phoenix South-1 well drilled offshore Western Australia has confirmed at least four discrete oil columns in the Triassic Lower Keraudren Formation. The discovery of exceptionally good quality light oil with a high API gravity and favourable mobility represents one of the most significant developments in the region in recent times. The discovery, made whilst searching for the extension of discovered gas, represents a new oil province for Australia.
Perched on the edge of a subduction zone, Papua New Guinea bears little resemblance to most of the world’s petroleum terranes. But the small Pacific nation is suddenly on the radar of the global petroleum industry and major players are racing to secure a position.
Apache announced on 18 August that its shallow water Phoenix South-1 exploration well in permit WA-435-P, 180 km north of Port Hedland, had intersected at least four discrete oil columns ranging in thickness between 26m and 46m. It made a preliminary estimate of 300 MMbo in place.
In just eleven years, DownUnder GeoSolutions (DUG) has grown from a few people working in a shed in a Perth garden, to a company employing 200 people with seven offices based all around the world. Dr. Matthew Lamont, who founded DUG in 2003 with Dr. Troy Thompson, explains why he decided to start his own geosciences company.
High-quality 3D data could provide new exploration opportunities in this highly prospective part of the Northern Carnarvon Basin, where underexplored areas exist within close proximity to producing fields.