Area NT07-1

Troubadour Terrace, Bonaparte Basin

Location

Area NT07-1 is located in the northeastern Timor Sea about 330 km north-northwest of Darwin and about 180 km north of the Darwin to Bayu–Undan gas pipeline (Figures 1 and 2). Water depths in the release area range from about 80 to 530 m. The release area overlies the Mesozoic to Cenozoic sediments of the northeastern Bonaparte Basin. Area NT07-1 comprises 56 blocks (4715 km2) and is adjacent to current offshore petroleum exploration permits. The release area is in close proximity to the Evans Shoal, Lynedoch and Greater Sunrise gas fields. Recent drilling in the region has resulted in further gas discoveries at Caldita 1 (ConocoPhillips, August 2005) and Barossa 1, ST1 (ConocoPhillips, October 2006). The Caldita field has been appraised by the drilling of Caldita 2 (ConocoPhillips, February 2007). Exploration also continued in proximity to the Evans Shoal field with Evans Shoal South 1 being drilled in July 2006 (Santos).

The Bonaparte Basin is a proven hydrocarbon province. It has estimated reserves of 134.6 MMbbls (21.4 GL) of oil, 23.5 TCF (665.8 BCM) of gas, 382.5 MMbbls (60.8 GL) of LPG and 599.6 MMbbls (95.3 GL) of condensate as at January 2005 (Geoscience Australia, 2004). Hydrocarbon reserves in the most significant hydrocarbon fields of the northeastern Bonaparte Basin are as follows; Sunrise 7.68 TCF gas, 300 MMbbls condensate (Woodside, 2003) and Evans Shoal 8.3 TCF dry gas (NTDPIFM, 2006). No official estimate is available for the Caldita 1 discovery, but potentially this is a large multi-TCF discovery. Gas reserves in the Abadi field in Indonesian waters are 5 TCF dry gas (Yui, 2003). The Bayu–Undan to Wickham Point gas pipeline is complete, and the single train from the Wickham Point plant commenced export of LNG to Asia in February 2006. As further discoveries are made within the region, the delivery of gas to the Darwin domestic market and the possibility of a second LNG train are becoming increasingly viable.

Graticular Block Listing

Area NT07-1
Troubadour Terrace, Bonaparte Basin, Northern Territory

Map Sheet SC 52 (Melville Island)

1259
1260
1261
1262
1263
1264
1265
1266
1267
1268
1269
1331
1332
1333
1334
1335
1336
1337
1338
1339
1340
1341
1403
1404
1405
1406
1407
1408
1409
1410
1411
1412
1413
1475
1476
1477
1478
1479
1480
1481
1482
1547
1548
1549
1550
1551
1619
1620
1621
1622
1623
1691
1692
1693
1694
1695

Assessed to contain 56 full blocks



Graticular Block Map

Graticular Block map of areas NT07-1 - click on the image to view a high resolution PDF version