Asset Report
Australia Canning exploration basin
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The Australian Canning basin is vastly underexplored, but with 5 discoveries made offshore since 2014 totalling approximately 507 mmboe, we anticipate a renewed optimism for offshore exploration and a positive prospective outlook to 2040. Our economic analysis focuses on the Bedout sub-basin play, where we expect sizable prospect pools ranging from 50 – 200 mmboe. Our creaming curve methodology has been positively impacted by the size and recency of discoveries resulting in an optimistic forecast of 425 mmboe of prospective resources.
Table of contents
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Summary of commercial outlook
- Advantages:
- Challenges:
- Wells drilled
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Prospective resources by play
- Bedout Sub-basin Play
- Prospective resource costs and underlying development assumptions
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Prospect economics - Bedout Sub-basin Play
- Full-cycle basin economics
- Oil and gas prices
Tables and charts
This report includes the following images and tables:
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Exploration history mapTop 10 discoveries (2013-2022)Current acreage holders
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Drilling activity by well typeDiscoveries and success ratesBedout Sub-basinOnshoreSummary of discovery and development costsUnit value of potential discoveriesBreakeven price of explorationExpected monetary value (EMV) at Base priceBrent and local oil price assumptions
- 7 more item(s)...
What's included
This report contains:
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