Onshore only OBL BRU
Condensate 115.47 .0677 per 1000Sq/Km
Gas 4.65 .0027 “
OBL - 4,000 Sq/Km
The Best Estimate (P50) of the Laurel Formation USG / USO accumulation, is that it contains gross unrisked recoverable volume of 18.7 TCF of gas and 461.9 million barrels of condensate
Derby Block: USG / USO Prospective Resources
Oil Basins Limited
Prospective Resources (Onshore Derby Block)
Product
P90 P50 P10 Mean
Gas In-Place Tcf
31.8 107.4 357.8 164.7
Recoverable Gas Tcf
4.8 18.7 68.8 31.2
Recoverable Condensate MMstb
117.4 461.9 1,785.0 801.7
BRU – 17,373 Sq/Km
Highlights
RISC has concluded the following:
? the gross area containing the Laurel accumulation BCGS on Buru’s permits is some 17,373 square kilometres (4.3 million acres).
? the Best Estimate (P50) of the Laurel Formation tight gas accumulation, is that it contains, net to Buru, an unrisked gross recoverable volume of 47 TCF of gas and 1,177 million barrels of condensate (not including hydrocarbon liquids (LPG), and the gas contained in the normally pressured part of the system which may be very significant).
The gross estimated recoverable volumes of prospective resources1 net to Buru for the Laurel accumulation on Buru’s permits, as determined by RISC, are summarised in the following table.
Prospective Resources (net to Buru) Product Low Case (MMbbl/TCF) Best Estimate Case (MMbbl/TCF) High Case (MMbbl/TCF)
Condensate
226 1,177 4,717
Natural Gas
12 47 150
Values have been rounded to the nearest TCF and MMbbl
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Onshore only OBL BRUCondensate 115.47 .0677 per 1000Sq/Km Gas...
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