Horn Valley Siltstone Producing Stairway Sandstone Producing Eromanga Basin Toolebuc Formation Inactive Inactive Oodnadatta Formation Pedirka Basin Peera Peera Formation Inactive Preliminary exploration Purni Formation Ngalia Basin Inactive Mount Eclipse Sandstone Wiso Basin Montejinni Limestone Inactive Table 8.1: Northern Territory unconventional resource potential Reserves/Resources: PRODUCTION RESERVES RESERVES RESERVES (PIIP) 1P 2P 3P PIIP COMMERCIAL CONTINGENT CONTINGENT CONTINGENT RESOURCES RESOURCES RESOURCES DISCOVERED 1C 2C 3C INITIALLY-IN-PLACE UNRECOVERABLE PROSPECTIVE PROSPECTIVE PROSPECTIVE PETROLEUM RESOURCES RESOURCES RESOURCES Low Estimate: 8 626 PJ High Estimate: 351 054 PJ Best Estimate: 275 211 PJ PIIP TOTAL UNRECOVERABLE UNDISCOVERED Source: Munson (2014), , NT DPIR 2016, EnergyNT 2015 Table 8.2: Northern Territory unconventional resources Production/Forecasts: None Unconventional resource drilling activity: The number of wells drilled for unconventional resource exploration since 2011 are shown in Table 8.3 and Figure 8.1 Year No. of Wells Drilled
Horn Valley Siltstone Producing Stairway Sandstone Producing Eromanga Basin Toolebuc Formation Inactive Oodnadatta Formation Inactive Pedirka Basin Peera Peera Formation Inactive Purni Formation Preliminary exploration Ngalia Basin Mount Eclipse Sandstone Inactive Wiso Basin Montejinni Limestone Inactive Table 8.1: Northern Territory unconventional resource potential Reserves/Resources: TOTAL PETROLEUM INITIALLY-IN-PLACE (PIIP) DISCOVERED PIIP COMMERCIAL PRODUCTION RESERVES 1P RESERVES 2P RESERVES 3P CONTINGENT RESOURCES 1C CONTINGENT RESOURCES 2C CONTINGENT RESOURCES 3C UNRECOVERABLE UNDISCOVERED PIIP PROSPECTIVE RESOURCES Low Estimate: 8 626 PJ PROSPECTIVE RESOURCES Best Estimate: 275 211 PJ PROSPECTIVE RESOURCES High Estimate: 351 054 PJ UNRECOVERABLE Source: Munson (2014), , NT DPIR 2016, EnergyNT 2015 Table 8.2: Northern Territory unconventional resources Production/Forecasts: None Unconventional resource drilling activity: The number of wells drilled for unconventional resource exploration since 2011 are shown in Table 8.3 and Figure 8.1 Year No. of Wells Drilled
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