| Gippsland Basin | |
|---|---|
| Age | Cretaceous and Cainozoic |
| Area (Onshore/Offshore) | 41,000 km2 |
| Thickness | >7.2 km |
| First commercial discovery | Barracouta 1 (1964) |
| Identified commercial reserves | 4073.5 MMB oil (proven and probable) 403.8 MMB oil est. remaining reserves
(Dec. 2001), 9617.6 billion cubic feet gas |
| Production | 3446.5 MMB oil, 4779.5 TCF gas |
| Hydrocarbon shows | Barracouta (1964), Marlin (1966), Kingfish (1967), Halibut (1967), Snapper (1968) and Mackerel (1969) |
| Basin type | Rift basin, narrow, fault-bounded. Proto-Oceanic Rift Troughs (Busby and Ingersoll, 1995) |
| Reservoirs | Marginal marine (Golden Beach), braided and meandering fluvial, deltaic and slope fan sandstones (upper Latrobe) |
| Seals | Marine and lacustrine shales (Gurnard), carbonates (Lakes Entrance) |
| Source rock | Terrestrial coals (coal swamp), lacustrine and marginal marine |
| Depth to oil/gas window | 2-6 km for oil |