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South Australian Petroleum Prospectivity Summary

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South Australian Petroleum Prospectivity Summary South Australian petroleum prospectivity summary NAPE 2021 1. South Australian Petroleum Review (PESA News, second quarter 2021 https://pesa.com.au/pesa- news-magazine/ ) 2. State of Play in SA, Elinor Alexander. Presented at PESA Deal Day on 14 June 2021 TECH TALK TECH TALK ") Marla Moomba South Australian ") ") Petroleum Review Coober Pedy (May–2021) INTRODUCTION Acreage Releases: Competitive acreage process (Figure 2). PEL 680 has been releases have been used successfully granted to Beach Energy and Cooper The Energy Resources Division in by the Department to manage highly Energy in the Otway Basin (formerly the South Australian Department for prospective Cooper Basin acreage OT2019-B block). Energy and Mining is the lead agency since 1998. The expiry of long term ") Ceduna for petroleum, geothermal and carbon exploration licenses (PELs 5 and 6) Petroleum Retention Licences: An ") Port capture and storage activities in the enabled the most significant structured initiative in 2013 to increase the extent Augusta state. It has responsibility for the release of onshore Australian acreage in of retention and production licences generation of royalty income, economic the industry’s history, and has generated has been very successful resulting in ") Port Bonython development, wealth and jobs, public (in today’s terms): a massive increase from 7,645 km2 in ") Port safety and the minimisation of impacts 2013, up to the current 17,107 km2 Pirie on the environment through efficient 44 PELs and 5 PELAs and resultant in April 2021. There are currently 210 management of the state's petroleum PPLs and PRLs from 89,100 km2 of petroleum retention licences, with and geothermal rights on behalf of the acreage; almost all of these located over proven people of South Australia. productive oil and gas play trends in the $834 million in guaranteed work; Cooper/Eromanga Basins (Figure 2). ") PETROLEUM EXPLORATION Petroleum retention licence agreements Port Lincoln 298 conventional exploration wells – for proven oil and gas play trends in the ") & PRODUCTION ACTIVITY ADELAIDE 40% of which achieved commercial Cooper/Eromanga Basins have to date Onshore Petroleum success; been concluded with Senex Energy, Licensing Beach Energy, Drillsearch Energy (now 142 new field discoveries; a Beach Energy subsidiary), Santos Petroleum Exploration Licences: Forty- Limited and Armour Energy (and joint two petroleum exploration licences royalties of $567.1 million from sales venture partners with those companies). Petroleum tenements 0 100 200 km (PELs) are current over the State’s of $8.7 billion to 30 June 2020; and Onshore exploration licence (PEL) onshore petroleum prospective areas. Since the first of the PRL initiative Offshore exploration licence (EPP) Nearly all of the petroleum prospective increased gas supply-side licences were granted in May 2014 to Exploration licence application (PELA) Petroleum pipeline licence regions of the State are now under competition. end April 2021, 45 exploration wells Production licence (PPL) Gas licence or application with the total area have been drilled resulting in 19 new Retention licence (PRL) Gas and liquids 2 1 0 of granted PELs covering 190,856 km The most recent acreage releases field discoveries. A further 33 appraisal 0 Liquids - 8 2 ") 9 and a further 434,175 km of the State occurred in 2019 in the Cooper and wells have been drilled (19 successful) 4 5 Gas storage tenements Mount Gambier 0 under application (Figure 1). Otway basins. The successful applicants and 9 development wells (8 successful). 2 Exploration licence (GSEL) No petroleum exploration access - for the five Cooper Basin blocks and National Parks and Reserves Exploration licence application (GSELA) Overlapping applications can be made one of the three blocks offered in the Hydrogen: on 11 February 2021 the No petroleum exploration access - Retention licence (GSRL) former test site Figure 1: South Australian over current PEL Applications (PELAs) onshore Otway Basin were announced in Petroleum and Geothermal Energy petroleum tenements. at any time but the first PELA has June 2020. (https://www.petroleum. Regulations 2013 were amended to priority for determination followed by sa.gov.au/about-us/latest-news/ declare hydrogen, hydrogen compounds successive applications. results_of_the_2019_cooper_and_ and by-products from hydrogen pipeline licencing provisions of the PGE basement (hydrogen generated via are progressing clean hydrogen and by otway_basins_acreage_release ). production regulated substances under Act. radiolysis of water), both of which occur 2030 aim to use Carbon Capture and Information about how to apply, the the Petroleum and Geothermal Energy on the Gawler Craton. Storage (CCS) technology to improve the licence register and maps showing Most Cooper Basin applicants (blocks Act 2000. Companies are now able Potential exists for native hydrogen economic feasibility of clean hydrogen current licences and applications can be CO2019-A to E) will have to conclude to apply to explore for hydrogen via a plays in South Australia – possible In September 2019, South Australia’s while reducing Cooper Basin emissions. accessed here: https://www.petroleum. native title land access agreements PEL and the transmission of hydrogen source rocks occur in iron-rich cratons Hydrogen Action Plan was launched sa.gov.au/licensing-and-land-access/ ahead of licence grant – either via the or compounds of hydrogen are now (hydrogen generated by oxidation with an initial focus on ‘green’ hydrogen SA offers a Free Hydrogen Export onshore-licensing ILUA process or the right to negotiate permissible under the transmission of Fe(II) by water) and uranium-rich from renewable energy sources. Santos Prospectus and Online Modelling Tool 2 | PESA News | SECOND QUARTER 2021 SECOND QUARTER 2021 | PESA News | 3 TECH TALK TECH TALK 139°0'E 140°0'E 141°0'E PELA 676 conjunctive petroleum ILUA with the in-depth study. GISERA have engage Santos drilled 65 of the SA Cooper Wangkangurru/Yarluyandi people was local stakeholders as well as industry Basin wells, Beach Energy drilled 43. registered with the National Native and regulators to research social and Success rates are shown in Figure 3 and Title Tribunal. environmental issues related to natural Table 1. 0 9 gas operations. The initial tranche of six 2 L E PEL 570 A meeting was held with representatives projects have been completed and four As at 30 April 2021, 5 appraisal and 12 P PELA 675 of the Dieri native title holders in research projects are ongoing and will development wells have been drilled in February 2020 to initiate discussion on conclude in 2021-22 the Cooper-Eromanga basins. the development of a similar conjunctive ( ). PEL 444 https://gisera.csiro.au/states/sa/ 570 Petroleum wells spudded 2019 to 2020 PELA ILUA. Otway Basin: One petroleum 676 677 ª Dry hole S ' Drilling & Seismic Surveys development well was drilled in the SA 0 ¨ ° ª Dry hole with oil shows 7 To date, industry has signed on to Otway Basin in 2020 (Haselgrove 4 side 2 676 i Gas shows at least nineteen ILUA’s with the Cooper Basin: In 2020, a total of 108 track). * Gas well ' Yandruwandha/Yawarrawarrka and wells were drilled including side tracks, Oil well Wangkangurru/Yarluyandi people, of 95 (6 exploration, 25 appraisal, 64 Vintage Energy (JV partner of Otway 570 : PEL 630 Proposed or currently drilling 677 which 12 related to the granting of development) have been cased for Energy in PEL 155) reported strong CO2 ª: PELs in the Cooper/Eromanga Basins. production (Figures 2, 3 and 4). flow rates during production testing of :¨ * ª PEL 182 3D Seismic survey area 1 ' 3 PEL 570 3 * PEL 512 PEL 630 * Acquired 2019 to 2020 L i Cooper/Eromanga Basins Aboriginal E * i i 677 D P * ' * i * * i N Conference: The Cooper Eromanga * * * A '' L Basins Aboriginal Conference ¨ '' S New Entrants Santos Joint Venture All ªª' PELA Petroleum tenements ''''' 678 N '' E ª¨ Production licence (PPL) (CEBAC), supported by the South ' Cooper Basin E ª'¨' * ") U ' '''¨'' * Innamincka Australian Government, was most ª¨ '''ª'''' Q Retention licence (PRL) ''''' * Exploration wells drilled 300 55 355 ¨ ** * recently held in October 2019 ª¨'ª'¨ * Exploration licence (PEL) 678 and continues to bring together ª Exploration licence application (PELA) ª¨ 678 ª¨ representatives from the Dieri, Commercial success rate (%) 40 52.7 '¨ ªª¨ ¨ * * Gas pipeline S ª ª *i * ' * 516 * 0 ¨ * Yandruwandha/Yawarrawarrka and ° ª ª ¨ 8 ªª' ** ª Gas and liquids pipeline 2 i i * *i * Wangkangurru/Yarluyandi people Moomba* * Liquids pipeline * ")* * * Technical success rate (%) 44 54.5 ¨ together with executives of oil & gas 3 ª * * * 7 ¨ * 6 ª *i * ** ****** industry participants within the basins, A * * L PEL 512 * E * Cooper Basin subcrop limit as well as government officials in P *i * PEL Appraisal & development wells drilled 302 722 1024 516 order to foster ongoing relationship PEL 112 i PEL 639 * National Park with no petroleum access building and increased Aboriginal Commercial success rate in appraisal & Eromanga Basin * * 88 95 PELA 516 'ª¨ ' * participation in the oil and gas sector development wells (%) 679 ''' ' 516 * PEL 515 PELA ' workforce. 679 '''''ª PEL 641 Table 1: Cooper and Eromanga basins conventional oil & gas success rates, January 2002 to 23 April 2020. Over the 2018-19 period, key focus 516 areas of the program have included PEL 95 Figure 3: Oil exploration success rates for the SA Cooper region, 1962 to 2020. 0 PEL 641 6 PEL 94 developing strategies to encourage 5 0 50 km A Aboriginal people to undertake L E PEL 515 Oil discovery P PELA 642 GDA 2020 : Zone 54 pre-employment training, as well as the success in assisting to secure ten 1 08 S Breguet 1 ' 0 ° Figure 2: Map showing Cooper Basin tenements, employment placements for Aboriginal 9 NSW August 2018 2 PELA 640 PEL 96 205498-002 drilling and seismic acquisition in 2019-20. people in the oil and gas industry.
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