Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

Free
Message: New article: "Beetaloo bigger than Impex"
Reply New Message
Prev Message Back To Forum Threaded View Next Message

Nobody here seems to care much about the Beetaloo, but it looks like some Russians were interested in the area back in 1991. Their estimates are 675 to 1066 billion barrels of oil and 1236 to 2472 TCF of gas in the McArthur Basin. The article is old, but on the bright side, that means we don't have to wait as long to see if their underlined prediction becomes true :)

-----------------------------

Title The Earth’s Upper Proterozoic Deposits;A New Prospective Level for Petroleum Exploration
Authors A. E. Kontorovich, V. S. Surkov and A. A. Trofimuk,(Institute of Geology and Geophysics, USSR)
Source 13th World Petroleum Congress, October 20 - 25, 1991 , Buenos Aires, Brazil
Copyright

1991. World Petroleum Congress
Language

English
Preview THE EARTH'S UPPER PROTEROZOIC DEPOSITS-A NEW PROSPECTIVE LEVEL FOR PETROLEUM EXPLORATION A. Eh. Kontorovich, Institute of Geology, Siberian Branch of the U.S.S.R. Academy of Sciences; V. S. Surkov, SNIIGGIMS and A. A. Trofìmuk, Institute of Geology, Siberian Branch of the U.S.S.R. Academy of Sciences, U.S.S.R. Abstract. In the last 25 years, oil and gas pools have been discovered in Upper Proterozoic deposits aged 1O00 to 570 million years, initially in the regions of the Siberian platform in the U.S.S.R. and then in China and Oman. The most important results were obtained in the Siberian platform, where more than 30 fields have been discovered, including a number of giant ones. Oil shows in Precambrian deposits have been detected in the East European, North American and Australian platforms. The most ancient source rock formations (1400 to 1600 million years) and oil shows have been recognized in the McArthur basin in Australia. Oil geochemistry on Precambrian source rocks shows that their composition is similar to that of black shale bitumoids and associated Phanerozoic oils, suggesting the unity of living matter biochemistry at least over 1600 million years. Some features of the most ancient oil composition have been detected. The authors estimate the amount of unmetamorphosed sedimentary rocks at 39000 km'. 95 to 150 billion tonnes of in situ resources of oil and 35 to 70 trillion m3 of gas are predicted to be in them. The Precambrian deposits of ancient platforms will be a new prospective stratigraphic level for oil and gas exploration during the next decades. The idea that oil potential declines with increase of sedimentary rock age, which is widely accepted by geologists, has not been substantiated.
5 Recommendations
Reply New Message
Prev Message Back To Forum Threaded View Next Message
Share
Share
New Message
Please login to post a reply