Selected Figures
Gondwanan Basin Trends
General
If we exclude the Middle
East, the major hydrocarbon resources in Gondwana are typically onshore
or within shelfal areas with effective oily Cretaceous source rocks or
gassy Jurassic and Palaeozoic source rocks.
The resource base of the
major basins of Gondwana tends to get larger with time. The deep water
has been the major recent contributor to recently discovered volumes,
but this trend is diminishing--the deep water is maturing.
In the onshore basins
there have still been numerous significant but more minor discoveries.
Middle East
The Middle East has an
estimated 1070 BBO and 2254 TCFG reserves, equating to an oil proportion
of 74% by BOE. The recent rate of hydrocarbon discovery is 3.8 BOE/year.
The remaining exploration potential within the area is very large.
The region is dominated by
the Arabian Basin, and the exploration/discovery trends are more
influenced by politics and the development/exploitation plans of NOC’s
than by competitive exploration efforts.
West Gondwana
West Gondwana is oily,
with deep water dominating recent discoveries. Main contributing basins
are Campos, Niger Delta, and Congo. Recent key subsalt discoveries are
in Brazilian Santos basin. Key failures have been in the Amazon Fan,
Ghana, Togo, Benin, and Morocco. The ultra-deep-water “toe-thrust”
Nigerian failures reflect no source maturity.
No significant new basins
have been discovered outside of proven basinal areas since the
Woodside-led Mauritanian successes of 2001-2003. Main hydrocarbon
systems are known and well mapped with many failures outside of proven
areas. The focus is now on new/deep plays in proven basins.
Central Gondwana
Although less oily than
West Gondwana, Central Gondwana is also oily. Onshore and deep water are
the main contributors, with onshore Sudan, Nile Delta, and Ghadames as
main recent contributors. Key finds include Western Desert 2003 Apache
El Qasr discovery (2.8TCF from deep Jurassic)), and Nile Delta 2004 BP
Raven discovery. Areas of particular interest also include Central
African Rift System (Muglad/Sudan), modern rift system (Uganda [Tullow/Hardman
project]), and offshore Libya, with tests in 2007.
East Gondwana
This is a gassy region,
and all terrains and many basins contribute to the reserves. Three key
areas are Indian sub-continent, East Africa, and Australian North West
Shelf.
With the increase in oil
price, greenhouse, and security issues gas has become progressively more
important over the last few decades, and now exploration is turning to
East Gondwana, where exploration has lagged behind the oilier areas of
Gondwana (and the world).
Key Points
The Middle East is
dominant, but exploration is not the focus there.
Of the three other
Gondwanan regions, West and Central Gondwana areas:
·
Are oily.
·
Have generally maintained recent discovery rates mainly
through deep-water exploration discoveries.
·
Are within a few selected large basins.
The rates of discoveries
are now slowing, and these areas look mature. Few new basin discoveries
have been made outside of proven areas.
East Gondwana:
·
Is oily.
·
Has a leaner hydrocarbon endowment which is spread amongst
more numerous and varied smaller basins.
Discovery rates here are
accelerating due to the increasing global importance of gas and the
relatively low level of exploration which has left significant remaining
exploration potential.
Comparison with Laurasian/Global Trends / Conclusions
Exploration trends are
developed faster and more aggressively in major Laurasian basins than in
Gondwana (especially eastern Gondwana). Many major Laurasian basins are
now mature. Many of the technologies developed in Laurasia have not been
rigorously applied to Gondwanan basins.
Why do technological
developments start in Laurasia—are they cleverer? We believe Laurasians
are not cleverer than Gondwanans; rather we have better things to do
with our time than to develop exploration ideas—like sport and drinking
wine, and we are happy to be fast followers. We are fast copiers and
catch up quickly.
Many Gondwanan basins have
significant remaining exploration potential which can be realized
utilising established Laurasian exploration technologies.
References
Hull, Jonathan J., 2006, Offshore Lamu Basin, Kenya:
deepwater fold belt (abstract): Search and Discovery Article #90061
(2006) (http://www.searchanddiscovery.net/abstracts/pdf/2006/intl_perth/abstracts/hull.pdf).
Modica, Christopher J.,
and Eugene R. Brush, 2004, Postrift sequence stratigraphy,
paleogeography, and fill history of the deep-water Santos Basin,
offshore southeast Brazil: AAPG Bulletin, v. 88, p. 923-945.
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