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Petroleum search Subsidy Act - Statement - Year - 1972-73 (14th)


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THE PARLIAMENT OF THE COMMONWEALTH OF AUSTRALIA 1973— Parliamentary Paper No. 324

PETROLEUM SEARCH SUBSIDY ACT

FOURTEENTH ANNUAL STATEMENT FOR YEAR 1972-73

Presented pursuant to Statute 6 December 1973 Ordered to be printed 13 December 1973

THE GOVERNM ENT PRIN TER OF AUSTRALIA

CANBERRA: 1974

Published for the Department of Minerals and Energy by the Australian Government Publishing Service

Printed by Graphic Services Pty Ltd, Adelaide, S.A. 5000

Petroleum Search Subsidy Act 1959-1969

FOURTEENTH ANNUAL STATEMENT

(for the year 1972-73)

Under the Petroleum Search Subsidy Act 1959-1969, I am required to table in each House of Parliament a statement concerning the operation of the Act, the applications under Section 7 of this Act to which approval has been refused or on which the Secretary has deferred making a recommendation, and the payment of subsidy during the financial year 1972-73.

2. The 1959 Act provided for stratigraphic drilling, off-structure drilling, geophysical surveys and borehole surveys; the 1961 amendment (No. 74 of 1961) added subsidy for detailed structure drilling and test drilling; the 1964 amendment (No. 57 of 1964) eliminated subsidy for borehole surveys and detailed structure drilling and deleted off-structure drilling as a separate subsidisable category by including it in stratigraphic

drilling. The 1967 amendment (No. 43 of 1967) extended the duration of the Act for one year but did not alter any other provisions. The 1969 amendment (No. 38 of 1969) extended the duration of the Act to 30 June 1974, deleted stratigraphic and test drilling as separate categories and replaced them by the new category of exploration drilling, and

introduced major differences in the application of the Act to onshore and offshore exploration. The provisions of the Act now restrict the general availability of subsidy to onshore areas; operations in offshore areas are only subsidised if there is an Australian

financial interest in the operation and the rate of subsidy approved has regard to the extent of that interest. In March 1972, the subsidy for approved onshore geophysical operations was increased to 50% of acceptable costs of the operation. For all other approved operations the maximum subsidy is 30% of acceptable costs.

3. As required under Section 7 of the 1959-1969 Act, the applications received were considered by the Secretary of my Department, after detailed examination by officers of the Bureau of Mineral Resources, Geology and Geophysics, to ascertain the extent to which each proposed operation was likely to assist in the search for petroleum in Australia.

4. Table I shows the number of applications under Section 7 of the Act received during the financial year 1972-73 or brought forward from the previous year, and the manner in which they were treated.

TABLE I— APPLICATIONS

Received before 1.7.72 Received 1.7.72 to 30.6.73

Category

Approved Refused Approved Refused W ith­ drawn Pending 30.6.73

Total

Drilling— Exploration 7 1 43*1 2 — 6 59

Geophysical— Seismic 10 — 25 1 1 7 44

Seismic/Magnetic 1 — 1 — — — 2

Seismic/Gravity 1 — 1 — — 1 3

Seismic / Gravity / M agnetic — — 1 — — — 1

Gravity — — 3 * 2 — — 1 4

Aeromagnetic — — — — — — —

Total 19 1 74 3 1 15 113

* l Includes (a) Kalbarri No. 1 and Tamala No. 1 approved as one operation; and (b) Marlin A-24 approved from TVD 5600 feet to TVD 8990 feet (T.D.). * 2 Includes W indorah East gravity and magnetic survey; the gravity part only was approved.

1

APPLICATIONS REFUSED

5. Four applications were refused and one was not approved in full:

(a) E.P. 40 Drilling Project, W.A., of Hematite Petroleum Pty Ltd, on the grounds that the operation would not contribute sufficiently to the search for petroleum in Australia. (b) Rockwood No. 2, Qld, of LSG Australia Inc., on the grounds that it does not

constitute an exploration drilling operation as defined in the Act. (c) Hogarth No. 4, N.S.W., of Clarence Oil and Minerals Company N.L., on the grounds that it does not constitute an exploration drilling operation as defined in the Act. (d) Norm an River Seismic Survey, Qld, of American Australian Energy Ltd, on

the grounds that the operation would not contribute sufficiently to the search for petroleum in Australia. (e) The Magnetic Survey of the Windorah East Gravity and Magnetic Survey, Qld, of XLX N.L., was refused on the grounds that it would not contribute signi­

ficantly to the objectives of the operation.

APPLICATIONS DEFERRED

6. The Secretary did not defer making a recommendation in respect of any application during the year.

APPLICATIONS FOR ADDITIONAL SUBSIDY

7. Table II shows the number of applications for additional subsidy for extensions to operations received during the financial year 1972-73, or brought forward from the previous year, and the manner in which they were treated.

TABLE Π— APPLICATIONS FOR ADDITIONAL SUBSIDY

Received before 1.7.72 Received 1.7.72 to 30.6.73

Category

Approved W ith­

drawn

Approved Refused Pending

30.6.73

Total

Drilling— Exploration 2*i — 14*2 — 3*3 19

Geophysical— Seismic 1 — 7 1*4 — 9

Seismic/Gravity — 1 1 — — 2

Seism ic/Gravity/M agnetic — — 1 — — 1

Gravity 1 — 1 — — 2

Aeromagnetic — — — — — —

Total 4 1 24 1 3 33

*i Includes application for production testing of Brolga No. 1. *2 Includes applications for production testing of Burke No. 1 and Kanowana No. 1. *3 Includes one application for production testing. Second extension, Kiunga Seismic Survey; refused on the grounds that it would not contribute to

the objectives of the operation.

APPLICATIONS APPROVED

8. The total of 93 applications shown as approved in Table I, became the subsidy programme for 1972-73 under the Act. Of the 33 applications for additional subsidy shown in Table II, 28 had been approved by 30 June 1973 and are included in the programme for 1972-73.

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AGREEMENTS

9. On behalf of the Commonwealth, and under Section 8 of the Act, agreements for approved operations were executed as follows:

For operations approved before 1.7.72 14

Supplemental agreements for operations approved before 1.7.72 3 For operations approved from 1.7.72 to 30.6.73 64

Twenty-nine agreements for operations approved between 1.7.72 and 30.6.73 had not been signed by the other party at 30 June 1973.

APPROVED DRILLING OPERATIONS

10. The drilling operations carried out during the twelve months from 1.7.72 to 30.6.73 under the approved 1971-72 and 1972-73 subsidy programmes are summarized in Table III. The locations of drilling operations approved during 1972-73 are shown on Plate 1.

TABLE III— EXPLORATION DRILLING OPERATIONS 1 JULY 1972 TO 30 JUNE 1973

D RILLIN G OPERATIONS

Footage Drilled

Oil Gas With

Signi­ ficant oil/gas shows

With minor oil/gas shows

Dry Total Off­

shore

On­ shore

Approved 1971-72 Programme started before 1.7.72 and completed between

1.7.72 and 30.6.73 12,010 1 4 * 1 5*1 1 4 * 1

Approved 1971-72 Programme started and completed between 1.7.72 and 30.6.73 8,854 1 1 1

Approved 1972-73 Programme started before 1.7.72 and completed between

1.7.72 and 30.6.73 9,542 2 2 1 1

Approved 1972-73 Programme started and completed between 1.7.72 and 30.6.73 282,688*4 4 4*3 1*2 2 25 36 15 21

Approved 1972-73 Programme started but not completed at 30.6.73 13,187 2 * 5 1 1*5

Approved 1972-73 Programme not started at 30.6.73 _ _ _ _ _ 10 3 7

326,281 4 4 1 3 32 56 21 35

*1 Includes Stockyard Creek No. 1, Jandowae West No. 1, and Jandowae South No. 1 classed as one operation—Jandowae Project. * 2 West Tryal Rocks No. 1, still to be tested.

*;i Includes Barrow Deep No. 1, testing at 30.6.73. *1 Includes 3390 ft TVD at Marlin A-24. This well was subsidised from TVD 5600 ft to TVD 8990 ft (T.D.). *5 Includes Kalbarri No. 1 and Tamala No. 1 classed as one operation.

3

11. The subsidy programme for 1972-73 showed an increase in the number of drilling operations over that for 1971-72 (50 compared with 32); the number of onshore opera­ tions increased from 22 to 30, and offshore operations increased from 10 to 20. Twenty of the 50 approved drilling operations were in Western Australia, 14 in Queensland, 8 in South Australia, 5 in Victoria, 1 in New South Wales, and 2 in Papua New Guinea. Offshore drilling operations were in waters adjacent to Western Australia (14), Victoria (5), and Papua New Guinea (1).

12. The average depth of all subsidised wells started and completed during the financial year 1972-73 was 7,852 feet. The number of wells at least 10,000 feet deep was thirteen in the 1972-73 programme (eight in 1971-72). Yampi No. 1 well was still in progress at 9,167 ft on 30 June 1973 (programmed depth 15,000 feet). The thirteen deep wells are listed below:

Well Depth (feet)

Barrow Deep No. 1, W.A. Lake Preston No. 1, W.A. . Bullsbrook No. 1, W.A. . * Picard No. 1, W.A. . .

*Sable No. 1, W.A. . .

*Rosemary No. 1, W.A. .

*West Tryal Rocks No. 1, W.A. *Egret No. 1, W.A. . .

*Malus No. 1, W.A. . .

Alva N o. 1, Qld . .

*Eaglehawk No. 1, W.A. . *Cossigny No. 1, W.A. .

Kanowana No. 1, S.A. .

* Offshore well

15,256 14,977 13,966 13,832 13,030 12,825 12,685 12,000 12,000 11,765 11,450 10,510 10,245

13. Significant shows of hydrocarbons were recorded from four onshore wells and five offshore wells of the 1972-73 subsidy programme. Burke No. 1 and Kanowana No. 1 were drilled in the Cooper Basin, South Australia by Delhi International Oil Corporation and Vamgas N.L. respectively. Burke No. 1 tested gas at rates up to 10.4 M M cf/d. and Kanowana No. 1 tested gas at rates up to 8.5 M M cf/d. Rockwood No. 1 well drilled in the Surat Basin, Queensland, by LSG Australia Inc. tested gas at rates up to

704 M cf/d. Barrow Deep No. 1 drilled by West Australian Petroleum Pty Limited as a deep test of a previously undrilled section on Barrow Island, Western Australia, was in the process of testing and evaluation at 30.6.73. Two of the offshore wells were drilled in the Gippsland Basin by Esso Exploration and Production Australia Inc. A gross oil column of 74 ft having 18 ft of net effective pay and another

16 ft of possible pay was indicated by Formation Interval Tests at Cobia No. 1 well. Marlin A-24 drilled from the Marlin A platform as a test of the Palaeocene section produced oil and gas from Formation Interval Tests in this section. The other three offshore wells were drilled on the Northwest Shelf of Western Australia. Eagle- hawk No. 1 and Egret No. 1 were drilled by B.O.C. of Australia Ltd in the Dampier Sub-basin. Eaglehawk No. 1 well located some 7-12 miles northeast of the North Rankin gas/condensate field on the Rankin Trend tested 29.3° API gravity oil at rates up to 1,645 bbl/day. Egret No. 1 well, some 4 i miles east of Eaglehawk No. 1, tested 39° API gravity oil at rates up to 2,729 bbl/day. West Tryal Rocks No. 1 drilled by West Australian Petroleum Pty Limited in the Barrow Sub-basin approximately 40 miles northwest of Barrow Island was suspended due to mechanical difficulties. Testing will be carried out at a future date.

14. Several subsidized offshore wells completed during the year 1972-73 made signi­ ficant contributions to our knowledge of Australian stratigraphy. The more significant of these were the following:

(i) Ocean Ventures Pty Limited Edel No. 1 (9021 ft)— drilled offshore from the southern Carnarvon Basin.

4

(ii) Esso Exploration and Production Australia Inc. Marlin A-24 (TVD 8990 ft) drilled in the Gippsland Basin as a deep test from the Marlin A production platform. (iii) Amoco Australia Exploration Company

Goodenough No. 1 (9301 ft)— drilled offshore from the Trobriand Islands, PNG. (iv) B.O.C. of Australia Ltd Hauy No. 1 (2708 ft)

Picard No. 1 (13,832 ft) Egret No. 1 (12,000 ft) Yampi No. 1 (drilling ahead at 9167 ft at 30.6.73).

Significant onshore wells were Lovelle Downs No. 1 (6652 ft) drilled in the Galilee Basin by Hematite Petroleum Pty Limited, and Lake Preston No. 1 (14,977 ft) drilled in the southern part of the Perth Basin by West Australian Petroleum Pty Limited.

15. The following ten wells of the 1972-73 programme had not been spudded at 30 June 1973:

Durham Downs No. 1, Qld Ethabuka No. 1, Qld Wolgolla No. 1, Qld *Marlin-4, Vic. Beachport East No. 1, S.A. Diamond Swamp No. 1, S.A. Contention Heights No. 1, W.A. *Jarman No. 1, W.A. *Ronsard No. 1, W.A.

Bongos No. 1, PNG. * Offshore Well

Two approved drilling operations were still in progress at 30.6.73: Yampi No. 1, W.A., and Tarnala No. 1, W.A. (Kalbarri No. 1/Tam ala No. 1 Project).

APPROVED GEOPHYSICAL OPERATIONS

16. Details of geophysical operations carried out between 1 July 1972 and 30 June 1973 under the approved 1971-72 and 1972-73 subsidy programmes are summarised in Table IV. The locations of the operations approved during 1972-73 are shown on Plate 2.

17. During the year ended 30 June 1973, there was a further decrease in the number of subsidised geophysical surveys carried out onshore (29 surveys completed in 1972-73 against 33 in 1971-72) and there was also a decrease in the number of marine surveys (12 surveys completed in 1972-73 compared with 15 in 1971-72).

18. In 1972-73 there were no significant changes in the techniques used for aeromag- netic and gravity surveys. There were likewise no significant changes in the data gather­ ing techniques used for land or marine seismic surveys, but the period was marked by the introduction of portable digital processing systems for seismic data. Two such systems were introduced into Australia by different geophysical contractors. This deve­

lopment marks the reversal of a trend which became evident during the 1960’s for all processing and interpretation of seismic results to be taken away from the field geo­ physicist and concentrated in a few large processing centres with powerful digital com­ puters. The new portable processing systems are capable of being set up on the field crew or in a nearby town where they can provide the field geophysicist with rapid analysis,

processing and display of the seismic data while the crew is still operating. These portable systems, which are capable of executing all but the most sophisticated processes, should improve data quality by providing promptly the information for better control

5

TABLE IV— GEOPHYSICAL OPERATIONS 1 JULY 1972 TO 30 JUNE 1973

Seismic Gravity Aeromagnetic

Number of Surveys

Crew Hours Miles of

Coverage

Stations Line Miles

Approved 1971-72 Programme started before 1.7.72 and completed between 1.7.72 and 30.6.73

a. Seismic (i) Land 5 3,484.5 737

b. Gravity 1 — — 231 —

c. Aeromagnetic 1 — — — 15,950

Approved 1972-73 Programme started and completed before 1.7.72

a. Seismic (i) Land 1 90 24

(ii) Marine 4 — 927 —* —

Approved 1972-73 Programme started before 1.7.72 and completed between 1.7.72 and 30.6.73

a. Seismic (i) Land 1*1 530 117

Approved 1972-73 Programme started and completed between 1.7.72 and 30.6.73 a. Seismic (i) Land 20*2 9,331.5 2,178 1,035

(ii) Marine 12*3 — 9,713 — —

b. Gravity 1 — — 175 —

Approved 1972-73 Programme in progress 30.6.73 a. Seismic (i) Land 1 340 113

b. Gravity 1 — — 1,577 —

Approved 1972-73 Programme not started 30.6.73 a. Seismic (i) Land 1

b. Gravity 1 — — — —

Total 50 13,776 13,809 3,018 15,950

*1 Popondetta Seismic Survey, a combined river and land survey *- Includes: (a) the Kiwai Seismic Survey, a combined land and shallow-water marine operation comprising 27 land miles, 364 miles within internal waters, and 9 miles in an offshore area

(b) Two seismic and gravity surveys (c) One seismic, gravity and magnetic survey *3 Includes two seismic and magnetic surveys.

of field techniques, should provide better survey planning as a result of a much quicker availability of results and should result in economies in data processing.

SEISMIC SURVEYS

19. The number of subsidised seismic surveys (including two combined seismic and gravity surveys, one seismic, gravity and magnetic survey, and one combined land and shallow-water marine survey) completed onshore in 1972-73 decreased from 30 in 1971-72 to 26 (one survey was still in progress and one had not started at 30.6.73).

6

These surveys produced 3032 miles of coverage compared with 3460 miles in 1971-72. Twelve marine seismic surveys, including two seismic and magnetic surveys, were com­ pleted in 1972-73, compared with 14 in the previous year. The total coverage of these marine surveys increased from 8086 miles in 1971-72 to 9713 miles in 1972-73.

20. The following five land seismic surveys completed during the year each exceeded 200 miles: Operator Survey Mileage Basin

West Australian Petroleum Pty Limited East Canning 563 Canning

West Australian Petroleum Pty Limited Dampier-Downs-Collins 267 Canning

Texaco Overseas Petroleum Company Kiunga 266 Papuan

Reef Oil N.L. Poeppel Corner 262 Pedirka

Continental Oil Company of Australia Limited U pper Fly River-Lake M urray 230 Papuan

21. The larger marine seismic surveys completed during 1972-73 were: Operator Survey Mileage Basin

B.O.C. of Australia Ltd Mermaid-Cartier 3,020 Browse and

Canning

Hem atite Petroleum Pty Ltd Bedout-Broome Swell 2,396 Canning

B.O.C. of Australia Ltd Steamboat-Spit 1,623 Dampler ant

Beagle

Shell Development (Australia) Pty Ltd Bougainville D -l 498 Offshore

Bougainville

GRAVITY SURVEYS

22. Three gravity surveys were approved during the year, compared with two in 1971-72; one of the surveys was completed, one was still in progress, and one had not been started at 30 June 1973. The Murchison-Gascoyne D -l survey in the Carnarvon Basin, W.A., of Oceania Petroleum Pty Ltd. approved and started in the previous year,

was completed on 17 July 1972. This was the largest gravity survey undertaken in recent years and involved a total of 6576 gravity stations.

MAGNETIC SURVEYS

23. No applications for aeromagnetic surveys were received during 1972-73. In the previous year, five aeromagnetic surveys were approved, including the Leonard Shelf survey in the northern Canning Basin, W.A., of West Australian Petroleum Pty Limited, which started in June and was completed in September 1972. A total of 19,732 line

miles were flown during this operation.

LEVEL OF EXPLORATION FOR PETROLEUM

24. During the financial year 1972-73, the number of drilling operations approved for subsidy showed a considerable increase on the previous year. The total number of approved operations increased by 56% , due mainly to an increase in the number of onshore operations in Queensland (14 against 2 in 1971-72), and to an increase in

offshore activity in Bass Strait and on the Northwest Shelf. Of the 50 drilling operations approved in 1972-73, twenty (40%) were offshore compared with ten (31%) of the 32 operations approved in 1971-72. Twenty (40%), including 14 offshore, of the drilling operations approved in 1972-73 were located in Western Australia and fourteen (28%)

were in Queensland. Subsidised geophysical activity in 1972-73 was at about the same level as in 1971-72. Forty-three geophysical operations were approved in 1972-73. Sixteen (37%) of these operations were offshore compared with twelve (23.5%) of the 51 operations approved

in 1971-72. Forty seismic surveys and 3 gravity surveys were approved in 1972-73 compared with 44 seismic, 2 gravity and 5 aeromagnetic surveys in the previous year. Total seismic coverage onshore in 1972-73 was 3145 miles compared with 4000 miles

7

in 1971-72. Marine seismic coverage increased from 8086 miles in 1971-72 to 9713 miles in 1972-73.

SUBSIDY PAYMENTS

25. A total of $8,084,257 was paid during the financial year 1972-73. Of this amount. $6,314,406 was paid for onshore operations and $1,769,851 for offshore operations. Details of the subsidy payments made during 1972-73 are summarized in Tables V-VIII.

R. F. X. CONNOR Minister for Minerals and Energy

8

T A B L E V . P R O J E C T S O N W H I C H P A Y M E N T S W E R E M A D E D U R I N G 1 9 7 2 -7 3 O R W H I C H H A D A N U N P A I D B A L A N C E A T 3 0 .6 .7 3

Company

Drilling Operations

No. of Funds Subsidy Balance

projects committed payments during 1972-73

out­

standing

$ $ $

— — — —

— — — —

1 268,787 160,487 —

. --- — — —

— — — —

2 272,776 109,974

2 90,201 7,033

2 320,727 142,800 92,591

1 904,220 260,900 —

— — — —

— — — —

7 1,160,039 164,776 224,779

1 53,047 11,575 —

2 177,900 99,120 35,580

1 24,275 24,275 —

— —

— — —

1 229,619 44,022 —

Geophysical Operations

No. of projects

Funds committed

Subsidy payments during 1972-73

Balance outstanding

1969- 70

Beach Petroleum No Liability Flinders Petroleum N.L. West Australian Petroleum Pty Limited

1970- 71

Barewa Oil and Mining N.L. B.O.C. of Australia Ltd Delhi International Oil Corporation Esso Exploration and Production Australia Inc.

Shell Development (Australia) Pty Ltd Union Oil Development Corporation West Australian Petroleum Pty Limited

1971- 72

Abrolhos Oil No Liability Amoco Australia Exploration Company Arco Australia Limited Associated Australian Oilfields N.L. Australasian Petroleum Company Pty Ltd Australian Aquitaine Petroleum Pty Ltd

Beach Petroleum No Liability B.O.C. of Australia Ltd Damson Oil (Australia) Ltd Delhi International Oil Corporation Flinders Petroleum N.L. Hematite Petroleum Pty Limited

Longreach Oil Limited Magellan Petroleum (N.T.) Pty Ltd and Magellan Petroleum Australia Ltd

Marathon Petroleum Australia Ltd N.S.W. Oil and Gas Company N.L. Oceania Petroleum Pty Ltd

1 1*1 1

1 1*2 1

1 2 1 4

1

1

2 1 5

5*3

1 2 1

2 1

$

25,614 99,983 130,652

13,050 158,152 4,219 78,296 337,537 401,786

547,046

58,358

22,684

15,614 58,707 188,292

201,828 15,618 20,066 31,775

89,020 152,273

184,441

$

6,934 19,543 34,007

47,956 1,339 17,279 95,740

133,958

5,526

15,614

14,512

94,044

20,066 6,095

32,020 20,273

75,796

- (Qld & S.A.)

2,610 - (W.A. & N.T.)

80,357

11,672

21,891 27,783

44,160 (S.A. & Qld) 3,124

49,809

TABLE V— continued

Drilling Operations

No. of Funds Subsidy Balance

projects committed payments during 1972-73

out­

standing

$ $ $

— — — —

— — — —

1 47,549 19,549 —

1 17,696 17,696 —

1 225,000 90,000 45,000

12 1,217,928 467,393 336,857

1 112,342 112,342

1 237,570 — 237,570

4 64,648 36,898 27,750

1 217,489 — 217,489

11 2,347,810 605,550 1,742,260

6 324,282 120,612 203,670

. --- —

4 346,965 131,445 215,520

— —

1 13,650 — 13,650

1 322,667 322,667

1 121,500 72,900 48,600

4 248,934 181,046 67,888

2 65,520 — 65,520

2 45,652 41,274 4,378

Company

Geophysical Operations

No. of projects

Funds committed

Subsidy payments during 1972-73

Balance outstanding

Ocean Ventures Pty Limited Pursuit Oil N.L. Shell Development (Australia) Proprietary Limited

Southern Union Energy Pty Ltd Target Exploration Pty Ltd Texaco Overseas Petroleum Company Union Oil Development Corporation

West Australian Petroleum Pty Limited

1972-73

Alliance Oil Development Australia N.L. and Alliance Petroleum Australia N.L. American Australian Energy Ltd Amoco Australia Exploration Company

Associated Australian Oilfields N.L. Australian Aquitaine Petroleum Pty Ltd Beach Petroleum N o Liability B.O.C. of Australia Ltd

Coastal Petroleum N.L. Continental Oil Company of Australia Limited Delhi International Oil Corporation Endeavour Oil Company N.L.

Esso Exploration and Production Australia Inc. Exoil N.L. General Exploration Company of Australia

Pty Limited General Crude Oil Company International Ltd Hartogen Explorations Pty Ltd

Hematite Petroleum Pty Limited John Henry Resources Pty Limited LSG Australia Inc.

1 1

4 1 1 3

1

13

43,993 18.828

316,042 10,290 20,744 1,236,869

328,286 1,664,969

$

2,811 18,828

264,807 10,290 20,744 704,087

122,228 954,114

29,798

117,748 65,658 65,845

1 4,750 4,750 —

1 45,946 36,756 9,190

1 16,629 13,303 3,326

2 566,410 96,772 469,638

2 285,000 205,120 79,880

1 1,980 1,980 —

7*4 286,340 60,343 226,087 (W .A .& N .T .)

1 8,200 6,560 1,640

1 553,803 443,042 110,761

l*r> 444,196 — 444,196 (S.A. & Qld)

1 230,675 92.270 138,405

1 10,635 7,231 3,404

1 53,108 42,486 10,622

2 107,816 40,815 67,001

3*o 149,856 119,898 29,958 (Vic. & Tas.)

1 10,958 10,958 —

T A B L E V —continued

Company

Drilling Operations

No, of Funds Subsidy Balance

projects committed payments during 1972-73

out­

standing

$ $ $

1 18,210 14,568 3,642

1 89,819 53,891 35,928

1 183,072 73,229 109,843

_ _ _ _

1 18,631 — 18,631

— — — —

— — — —

1 85,965 — 85,965

6 1,235,622 793,213 442,409

_

Geophysical Operations

No. of projects

Funds committed

Subsidy payments during 1972-73

Balance outstanding

Magellan Petroleum Australia Ltd Mayfair Minerals Inc. Ocean Ventures Pty Limited Oceania Petroleum Pty Ltd Reef Oil N.L. Shell Development (Australia) Proprietary

Limited Southern Union Energy Pty Ltd Sunningdale Oils Proprietary Limited Target Exploration Pty Ltd Texaco Overseas Petroleum Company

Tricentrol Australia Ltd Vamgas N.L. West Australian Petroleum Pty Limited XLX N.L.

$

6,864

230,681

264,878

42,100 39,080 2,842 5,100

570,460 2,500

154,984

13,672

31,264 2,273

216,943

$

6,864 (Vic. & Tas.)

75,697

251,206

42,100 7,816 569 5,100

353,517 2,500

The following amount committed in 1972-73 was not approved at 30.6.73—___________

West Australian Petroleum Pty Limited 42,327 42,327

3,744,226 4,760,529 107 4,340,031 2,859,932

The following surveys have been divided between the respective States or Territories as detailed below. Each division has been included as an approval in Tables VI-VIIL . Flinders Petroleum N.L.—Innamincka Seismic and Gravity Survey, Queensland and South Australia. B.O.C. of Australia Ltd—Trimouille-Dillon Marine Seismic Survey, W estern Australia and N orthern Territory. . Delhi International Oil Corporation, includes

Omicron Seismic Survey, South Australia and Queensland, Dunjeroo Seismic Survey, South Australia and Queensland, Tilparee Seismic Survey, South Australia and Queensland.

. B.O.C. of Australia Limited—includes Prudhoe-Hibernia Marine Seismic Survey, Western Australia and N orthern Territory. . Delhi International Oil Corporation—Mudlankie Seismic Survey, South Australia and Queensland. . Hematite Petroleum Pty Limited—includes Portland-King Island Marine Seismic Survey, Victoria and Tasmania. . Magellan Petroleum Australia Ltd—N orth East Furneaux Marine Seismic Survey, Victoria and Tasmania.

TABLE VI. PROJECTS ON W H ICH PAYM ENTS W ERE M A DE D U R IN G 1972-73 OR W H ICH HA D AN U N PA ID BALANCE AT 30.6.73

Summary by States and Territories)

State or Territory

Drilling Operations

No. of Funds Subsidy Balance

projects committed payments

during 1972-73 outstanding p

$ $ $

— — — —

— — — —

_ _ _

— — — —

3 541,563 270,461 —

— — — —

2 70,743 29,271

1 47,549 19,549 —

2 177,900 99,120 35,580

1 142,227 — 56,891

24 2,895,913 896,277 692,336

1 229,619 44,022 —

1 904,220 260,900 —

14 603,178 230,287 372,891

1 18,210 14,568 3,642

5 516,684 233,276 283,408

8 328,227 120,612 207,615

20 4,073,992 1,525,883 2,547,929

— — — —

! — — — —

2 560,237 — 560,237

Geophysical Operations

Funds comm itted

Subsidy payments during 1972-73

Balance outstanding

1969- 70

Queensland South Australia Western Australia

1970- 71

Queensland Victoria South Australia Western Australia

Papua New Guinea N orthern Territory

1971- 72

Queensland Victoria South Australia Northern Territory

Western Australia T asmania New South Wales Papua New Guinea

1972- 73

Queensland New South Wales Victoria South Australia Western Australia

Tasmania Northern Territory Papua New Guinea

$

49,991 75,606 130,652

2,109 337,537 90,406 639,172

401,786 79,076

89,961 335,432 158,519 154,898 2,089,200

31,775 1,800,783

614,808

263,415 228,828 1,523,220 15,626

378,526 874,147

$

9,771 16,706 34,007

669

95,740 17,949 157,936

23,978

37,183 294,997 87,895 35,588 1,058,472

6,095 861,625

223,796

12,195 6,730 502,615 12,194

236,844 607,046

The following amount committed in 1972-73 was not approved at 30.6.73:

2,610 80,357

35,784 29,798 11,500 21,891 143,437

195,078

391,012

251,220 222,098 1,020,605 3,432

141,682 267,101

Western Australia

3,744,226 4,760,529

1

116

42,327

4,340,031

42,327

2,859,932

TABLE VII. PROJECTS ON W H ICH PAYM ENTS W ERE M A DE D U R IN G 1972-73 OR W H ICH H A D AN U N PA ID BALANCE AT 30.6.73

SUMMARY OF OFFSHORE OPERATIONS

Geophysical Operations

Funds committed

79.076 79.076

31,775

20,744 14,025 174,276 77,042

15,627 15,626 4,750 374,052

37,845 149,057

Subsidy payments during 1972-73

23.978 23.978

6,095

20,744 3,568 10,944 8,704

12,195 12,194 4,750 139.112

16,740 73,110

356.112

Balance outstanding

27,783 11,672

3.432 3.432

234,940 21,105 75,947

378,311

TABLE VIII. PROJECTS ON W HICH PAYMENTS W ERE M A DE D U R IN G 1972-73 OR W H ICH H A D AN U N PA ID BALANCE AT 30.6.73 SUMMARY OF ONSHORE OPERATIONS

Drilling Operations

No. of Funds Subsidy Balance

projects committed payments

during 1972-73 outstanding

$ $ $

— — — —

— — — —

~ ~

_ _

— — — —

1 195,340 69,319 —

2 70,743 29,271

1 47,549 19,549 —

2 177,900 99,120 35,580

16 1,656,289 667,833 451,640

1 904,220 260,900

14 603,178 230,287 372,891

1 18,210 14,568 3,642

8 328,227 120,612 207,615

7 1,557,159 819,028 738,131

1 322,667 — 322,667

State or Territory

Geophysical Operations

No. of Funds

committed

Subsidy payments during 1972-73

Balance outstanding

1970-71

Queensland South Australia Western Australia

1970- 71

Queensland Victoria South Australia Western Australia Papua New Guinea

1971- 72

Queensland Victoria South Australia Northern Territory Western Australia

Papua New Guinea

1972- 73

Queensland New South Wales Victoria South Australia

Western Australia Northern Territory Papua New Guinea

4 5 5 3

18 6

1 2

10 2 3

$

49,991 75,606 130,652

2,109 337,537 90,406 560,096

401,786

89,961 335,432 137,775 140,873 1,914,924

1,723,741

614,808

247,788 224,078 1,191,495 340,681

725,090

$

9,771 16,706 34,007

669

95,740 17,949 133,958

37,183 294,997 67,151 32,020 1,047,528

852,921

223,796

1,980 363,503 220,104 533,936

2,610 80,357

35,784 29,798 11,500

21,891 115,654 183,406

391,012

247,788 222,098 785,665 120,577

191,154

The following amount committed in 1972-73 was not approved at 30.6.73: Western Australia

2,330,487 2,132,166

42,327 42,327

3,983,919 2,481,621

PI

AUSTRALIA AND PAPUA NEW GUINEA

DRILLING OPERATIONS NEW IRELAND

APPROVED UNDER PETROLEUM SEARCH SUBSIDY ACT 1959-1969

iRTHERN

X N f V V GUINEA FROM 1 JULY 1972 TO 3 0 JUNE 1973

NEW BRITAIN

800 KILOMETRES

B O U G A IN VIU

x\ > ^!La 0 BASIN

. PORT MORE AR A F U R A SEA

ARAFURA BASIN

DARWIN

TIMOR

BONAPARTE GULF

M U R A BASIN

CANNING

1 ^d r u m m Ο ΝΟ j

NGAUA BASIN

Rough Rangel

fW.A.

9 B ollesInA A™Ol BASIN ^eyao/fooc

PEDIRKA BASIN

CARNARVON

JG" basin

'«!*«. i y l

V(beW S 8A N f

,w«cf.«owro~

A U S T R A L IA N

M U RRAY

y SyoNey

ΪΝΤ BASIN

CANBERRA

I MEJMURN£_

o TV/A)

PROCLAIMED DISCOVERY W (N am es of subsidized wells l

• OH well

(?os we//

* < ? / / and gas well

Γ I /V o / ? prospective · — Basin boundary Approximate limit o f Great A rtesian Basin

\ ΐ K 'ng,fh*I&B, Λ· ft * ;

EXPLORATION WELLS

U nless otherwise stated, well location re fe rs to No. 1 Well

1 Bindango, Qld (A.A.O.)

2 F airfield West, Qld (A.A.O.)

3 Minmi, Qld (A.A.O.)

4 Pleasant H ills No. 17, Qld (A.A.O.)

5 Durham Downs, Qld (Delhi)

6 Wolgolla, Qld (Delhi)

7 Clyde, Qld (Hematite)

8 G olehurra, Qld (Hematite)

9 Lovelle Downs, Qld (Hematite)

10 Rockwood, Qld (LSG Aust.)

11 Sawpit Gully, Qld (LSG Aust.)

12 Ethabuka, Qld (Alliance)

13 Alva, Qld (Hartogen)

14 Banoona South, Qld (S. Union)

15 Moree, N.S.W. (Mayfair)

16* Cobia, Vic. (Esso)

17* M arlin A-24, Vic. (Esso)

18* M arlin - 4, Vic. (Esso)

19* Morwong, Vic. (Esso)

20* Snail, Vic. (Hematite)

21 Burke, S.A. (Delhi)

22 M urteree A, S.A. (Delhi)

23 M urteree C, S.A. (Delhi)

24 Toolachee E ast, S.A. (Delhi)

25 Beachport E ast; S.A. (J.H.R.)

26 Diamond Swamp, S.A. (J.H.R.)

27 Douglas Point, S.A. (Gen. Ex.)

28 Kanowana, S.A (Vamgas)

29* Cossigny, W.A. (B.O.C.)

30* Eaglehawk, W.A. (B.O.C.)

31* E gret, W.A. (B.O.C.)

32* Hauy, W.A. (B.O.C.)

33* Jarm an, W.A. (B.O.C.)

34* Malus, W.A. (B.O.C.)

35* P icard, W.A. (B.O.C.)

36* Ronsard, W.A. (B.O.C.)

37* Rosemary, W.A. (B.O.C.)

38* Sable, W.A. (B.O.C.)

39* Yampi, W.A. (B.O.C.)

40 Barrow Deep, W.A. (WAPET)

41 Bullsbrook, W.A. (WAPET)

42 Lake P reston, W.A. (WAPET)

43 Thangoo No. 2, W.A. (WAPET)

44* West Muiron, W.A. (WAPET)

45* West T ryal Rocks, W.A. (WAPET)

46 Contention Heights, W.A. (Aquitaine)

47* Edel, W.A. (Ocean Ven.)

48A K albarri, W.A. Ί

(Oceania)

48B Tamala, W.A. J

49* Goodenough, PNG (Amoco)

50 Bongos, PNG (Gen. Crude)

Offshore Operation

X AUS-I

PLATE 2

AUSTRALIA AND PAPUA NEW GUINEA

GEOPHYSICAL SURVEYS NEW IRELAND

APPROVED UNDER PETROLEUM SEARCH SUBSIDY ACT 1959-1969

NORTHERN

'% ,N E W ~G U IN E A FROM 1 JULY 1972 TO 3 0 JUNE 1973

NEW BR/TaI

800 KILOMETRES

BOUGAIN Vh

“S 3 8 BASIN'

, PORT MORE A RAFU RA SEA

TIM O R

BONAPARTE GULF

c o r a l !

\URA BASIN

BROWS5 BASIN / .

GEORGINA

CANNING

dampieb b* siN

JmummondI

j AMADEUS

W.A.

PfDWKA BASIN

CARNARVC

COOAfA BASIN

y 'B risbane

etorrens

A USTRA LI A N

BIGHT M U RRAY

ST VINCENT BASIN

CANBERRA

MELBOURNE

T. T as***ia I

Non-prospective a r e a s - - - - - - - - - - - - - - - - - - - - - - - - - -

Basin boundary Approximate limit a/ Great A rtesian Basin

SEISMIC SURVEYS

SI G allipoli, Qld

S2 Mount Edinburgh, Qld

S3 Belyando, Qld

S4 L o re lle, Qld

S5 Hexham , Qld

S6 M arm adua, Qld

S7. B urton Downs, Qld (& G ravity &

M agnetic)

S8 Yuleba C reek, Qld

S9* P o rtla n d - King Island, V ic. & T as.

S 1 0 * N orth E a st F urneaux, V ic. & T as.

S l l Otway C oastal S trip , Vic.

S 1 2 * P o rt M acDonnell, S.A.

S13* M arsden, S.A.

S14 M udlankie, S.A. & Qld

S15* De G rey Nose, W.A.

S16* M alus - Hedland, W.A.

S17* M erm aid - C a rtie r, W.A. & N.T.

S18* N aringla, W.A.

S19* N orth Reef, W.A.

S20* Prudhoe - H ibernia, W.A.

S21* S team boat - Spit, W.A.

S22* Bedout - B room e Swell, W.A. (& M agnetic)

S23* Ja u b e rt, W.A. (& Magnetic)

S24 B arb e rto n , W.A.

S25 Coom allo 2, W.A.

S26 L iveringa Ridge, W.A.

S27 M ullering, W.A.

S28 Rockingham, W.A.

S29 W arradong II, W.A.

S30 Thornton, W.A.

S31 Hickey H ills, W.A.

S3 2 Scorpion Bight, W.A. (& G ravity)

S33 B o rd er C reek, N.T.

S34* C alder - E vans, N.T.

S35 Poeppel C o rn er, N.T.

S36* T ro b rian d Islands D etail, PNG

S3 7 U pper Fly R iver - Lake M urray, PNG

(& Gravity)

S38 Kiwai, PNG

S39 Popondetta, PNG

S40* Bougainville D -l, PNG

GRAVITY SURVEYS

G1 W indorah E a st, Qld

G2 C oolcalalaya, W.A.

G3 P a lm e r, PNG

* O ffshore Operation

(Hartogen)

(Hartogen)

(A.A.E.)

(A.A.O.)

(Exoil)

(LSG A ust.)

(T arget)

(T ricen tro l)

(Hematite)

(Magellan)

(Shell)

(A lliance)

(Beach)

(Delhi)

(B.O.C.)

(B.O.C.)

(B.O.C.)

(B.O.C.)

(B.O.C.)

(B.O.C.)

(B.O.C.)

(H em atite)

(H em atite)

(WAPET)

(WAPET)

(WAPET)

(WAPET)

(WAPET)

(WAPET)

(A.A.O.)

(Aquitaine)

(C oastal)

(Aquitaine)

(B.O.C.)

(Reef)

(Amoco)

(Continental)

(Endeavour)

(Gen. Ex.)

(Shell)

PC LX)

(Sunningdale)

(Texaco)

X AUS-I-I6P