As production from Gippsland Basin peaks: interest in oil and gas supplies have shifted elsewhere. panicuarly offshore wherethere have been significant discoveries in the Tinor Seaand North west self area. Estimates of Australian reserves arecrude oil 2.4 b.b..condensate 0.5 b.b. and natural gas 23 tcf. There is considerable potential for increase in these reserves because exploration activity has not yet been extensive.
Get full access to this article
View all access options for this article.
References
1.
BMR, 1988 Australia's Petroleum Potential in Petroleum in Australia: The First Century. Australian Petroleum Exploration Association, Sydney, 48-90.
2.
TunMaung U, 1989 Regional seismic synthesis of the offshore Gippsland Basin. Australian Society of Exploration Geophysicists Bulletin, 20 (12).
