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Petroleum Potential of Onshore Timor Leste (2016)
Petroleum Potential of Onshore Timor Leste (2016)
Timor-Leste
The Petroleum Potential of
Onshore Timor-Leste
A new multiclient prospectivity report by
Tim Charlton
Consultant Regional Geologist
www.timcharlton.co.uk
charlton@manson.demon.co.uk
Timor-Leste
• Independent country between
Indonesia and Australia
• Former Portuguese colony, annexed
by Indonesia 1976, independent
since 2002
• Area 14,900km² plus extensive
offshore territory. Population ~1.1
million
• Democratic, stable government
• EITI (Extractive Industry
Transparency Initiative) compliant
• 2 previous offshore licensing
rounds, equitable block awards
• Current offshore production from
Bayu-Undan field in Joint Petroleum
Development Area shared (90:10)
with Australia. Two fields in JPDA
exhausted (Elang, Kitan)
Natural oil and gas seeps
More than 60 natural/drilling-induced oil
and gas seeps identified across Timor-
Leste (at least 10 primarily oil)
Timor GAP’s onshore PSC includes some of the Timor GAP onshore PSC
most attractive exploration leads identified in this
study. Timor GAP offshore PSC
However, significant exploration potential is also
recognised in the currently unlicensed eastern half
of Timor-Leste.
Petroleum Potential of Onshore Timor-Leste
A new non-exclusive multiclient report
The report is in two parts:
Volume 1: General aspects of
exploration 6
- Stratigraphy
- Structure and tectonics 4
(including prospectivity 5
structural model)
3
- Palaeogeography and regional 2
evolution
- Petroleum geology (source, 1
reservoir, seal, maturation,
regional analogues, etc.)