A KEY TEST OF OTWAY BASIN POTENTIAL: THE EUMERALLA-SOURCED PLAY ON THE CHAMA TERRACE

Abstract

Geochemical analysis, petrographic examination and wireline log interpretation have identified intervals within the lower Eumeralla Formation of the Otway Group (Early Cretaceous) with good source potential. The sequence has a maximum penetrated thickness of 260 m and consists of thinly interbedded coal and siltstone deposited in peat swamp and lacustrine environments. Vitrinite is the dominant maceral present in the coal although the proportion of more oil-prone liptinite commonly exceeds 10 per cent. This is consistent with the intermediate Type II/ III kerogen composition indicated by Rock-Eval and is comparable with data from proven terrestrial oil-productive source rocks in the Gippsland and Cooper Basins. The siltstone is organically-lean but has some algal input. Algal-rich lacustrine source rocks could be developed nearer the basin centre.

Regional stratigraphic, structural and thermal modelling studies highlight the exploration potential of the Chama Terrace in the northwest Otway Basin. Structures on the terrace are ideally situated to receive a hydrocarbon charge from mature Eumeralla Formation source rocks in fault blocks on the downthrown side of the Tartwaup Hingeline.

Seismic mapping of offshore permit EPP 24, and adjacent onshore permit PEL 40, has delineated several large fault blocks where Crayfish Subgroup (Otway Group) reservoir is juxtaposed against, and sealed by, the lower Eumeralla Formation sequence. Drilling scheduled for late 1992 will determine the credibility of the Eumeralla-sourced play and provide a key test of the ultimate hydrocarbon potential of the Otway Basin.