New insights into the organic geochemistry of the Otway Basin
The Penola Trough of the Otway Basin in South Australia has enjoyed over 20 years of commercial hydrocarbon production from the sandstones of the Early Cretaceous Otway Group with 71.46 PJ sales gas and 65840 kL of condensate produced from five fields until production ceased in 2011. Recent success in Haselgrove 3, where a newly discovered deeper reservoir underlying depleted reservoirs of the Pretty Hill Formation flowed 25 MMscfd on test heralds a new phase of exploration and appraisal with a 2C Contingent Resource of 87 PJ assigned to the discovery. These hydrocarbons are considered to have been principally derived from lacustrine, floodplain and back swamp facies of the Pretty Hill Formation and lacustrine facies of the underlying Casterton Formation. The South Australia Department for Energy and Mining is currently investigating an unnamed Late Jurassic syn-rift sequence of interbedded metasediments, tuffaceous sediments and organically-rich shale, first identified as fractured basement in Sawpit 1, located on the northern flanks of the Penola Trough and which unconformably underlies the Casterton Formation. A low-sulfur medium-gravity paraffinic oil was recovered from drill stem tests from this well and subsequent total organic carbon and Rock-Eval analyses for the same unit in nearby Sawpit 2 identified a source rock containing algal organic matter and thought to be deposited in a deep anoxic lake setting. In this paper, we will present the preliminary results of detailed geochemical analyses of rocks and rock extracts from this previously unrecognised syn-rift sequence and discuss implications for hydrocarbon prospectivity in the deeper portions of the Penola Trough.