THE ELANG OIL DISCOVERY ESTABLISHES NEW OIL PROVINCE IN THE EASTERN TIMOR SEA (TIMOR GAP ZONE OF COOPERATION)

Abstract

The Elang-1 oil discovery in the Timor Gap Zone of Cooperation (ZOC) has established a new oil province in the eastern Timor Sea. The discovery well, completed in February 1994, recorded a flow of 5,800 BOPD (5,013 STBOPD) from marine sandstone of the Late Jurassic Montara beds. The oil is a light (56° API), undersaturated oil with a GOR of approximately 550 SCF/STB. Elang-1 was the first well drilled by the ZOCA 91-12 Joint Venture and only the fifth well in the ZOC since exploration of this frontier area resumed in 1992.

The Elang Prospect, initially mapped by Petroz in the late 1970s on the basis of regional seismic data, was detailed by the 1992 Walet Seismic Survey. The prospect is the main crestal culmination on the Elang Trend, a prominent structural high to the north of the Flamingo High that was established during continental break-up in the Late Jurassic. The Elang Trend is bounded to the south by a series of en-echelon normal faults and connecting relay ramps and comprises a number of horst and tilted fault blocks.

Elang-1 tested a near crestal culmination on the Elang Prospect and intersected a 76.5 m gross oil column below 3,006.5 m RT. At time of drilling this oil column was the thickest that had been encountered by any well in the Northern Bonaparte Basin. Good quality reservoir sandstone in six discrete bodies were intersected within the Montara beds. Core-measured porosity and permeability range up to 17 per cent and 2.2 Darcies within the oil column.

Subsequent to the Elang discovery, the Joint Venture recorded a 402 km2 3D survey over the Elang Trend. Elang-2, an appraisal well spudded in September 1994 prior to receipt of the 3D data, established the lateral continuity of the Montara beds reservoirs. Flow rates of 6,080 BOPD (5,300 STBOPD) and 7,500 BOPD (5,970 STBOPD) from separate intervals have confirmed that high deliverabilities can be expected from individual sandstones. Further appraisal drilling is planned in the first half of 1995. This is expected to lead to commercial development of the field.