The Cooper Basin is located in the northeastern corner of South Australia and in the southwestern part of Queensland. The basin constitutes an intracratonic depocentre of Permo- Triassic age. The Cooper Basin succession unconformably overlies Proterozoic basement as well as sediments and metasediments of the Cambro- Ordovician age. An unconformity separates in turn the Cooper succession from the overlying Jurassic- Cretaceous Eromanga Basin sediments.The Permo- Triassic succession comprises several cycles of fluvial sandstones, fluvio- deltaic coal measures and lacustrine shales. The coal measures contain abundant humic kerogen, comprising mainly inertinite and vitrinite with a small contribution of exinite. All hydrocarbon accumulations within the Cooper Basin are believed to have originated from these terrestrial source rocks.Exploration of the basin commenced in 1959 and, after several dry holes, the first commercial discovery of gas was made at Gidgealpa in 1963. To date, some 97 gas fields and 10 oil fields, containing recoverable reserves of 5 trillion cubic feet of gas and 300 million barrels recoverable natural gas liquids and oil, have been discovered in the Cooper Basin. Production is obtained from all sand- bearing units within the Cooper stratigraphic succession.The emphasis of exploration in the Cooper Basin is largely directed towards the assessment of four- way dip closures and three- way dip closures with fault control, but several stratigraphic prospects have been drilled. Furthermore, in the development phase of some gas fields a stratigraphic component of the hydrocarbon trapping mechanism has been recognised.Improvements in seismic acquisition and processing, combined with innovative thinking by the explorers, have facilitated the development of untested structural/stratigraphic plays with large reserves potential. Exploration for the four- and three- way dip closure plays in the Cooper Basin is now at a mature stage. However, reserves objectives are expected to continue to be met, with the expectation of a continuing high success rate.Selected new plays are expected to be tested within a continuing active exploration program as exploration for oil and gas in the Cooper Basin refines the search for the subtle trap.
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