About This Item
- Full text of this item is not available.
- Abstract PDFAbstract PDF(no subscription required)
Share This Item
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 exploration
, and a number of large gas projects are awaiting
development. Frontier
exploration
,
innovative
enhanced recovery techniques,
production from gas hydrates, and use of gas-to-liquids technology could
unlock additional large petroleum volumes for exploitation in the region
over the longer term.
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.