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The AAPG/Datapages Combined Publications Database
AAPG Bulletin
Abstract
AAPG FOUNDATION PRATT CONFERENCE: PETROLEUM PROVINCES,
21st CENTURY
January 12-15, 2000
San Diego, California
More than 55 billion BOE of ultimate reserves have been discovered to date in the two countries, reservoired in about 1,000 fields within >50 separate proven petroleum systems. Of this total, at least 12.5 billion BOE (75 TCF) of discovered gas reserves await development offshore Natuna Island, onshore and offshore Irian Jaya, and in the Fold and Thrust Belt of Papua New Guinea. Planned infrastructure to exploit these resources, such as the proposed international gas export pipeline from Papua New Guinea to Queensland, will spur future activity in these relatively high cost and remote areas. Significant increases in activity and production potential can also be expected in offshore deepwater areas, such as the Makassar Straits in Indonesia, where recent oil and gas discoveries have been made in water depths approaching 1,000 meters. In addition to proven petroleum systems, at least 50 lightly explored to unexplored speculative petroleum systems exist, both onshore and offshore, with the highest potential for future production likely from frontier areas in Eastern Indonesia and Papua New Guinea.