Table 1: Preliminary results of assessment of shale and tight oil in selected basins
Oil Basin Estimated liquids-in-place (OIP; B bbl) Potentially recoverable OIP (5% at P50; B bbl)
P90 P50 P10 Mean
Gippsland Basin          
Shale Resources 10.1 22.4 46 25.8 1.1
           
Perth Basin          
Shale Resources 26.1 60.6 127.2 70.3 3
           
Cooper Basin          
Shale Resources 5.8 8.9 12.9 9.2 0.4
Tight Resources 253.9 490.2 956.3 559.9 24.5
Total         24.9
           
Canning Basin          
Shale Resources 513.2 860.2 1416.5 926.5 43.0
           
Otway Basin          
Shale Resources 15.5 20.7 27.4 21.1 1.0
Tight Resources 5.9 8.9 13.3 9.3 0.4
Total         1.5