Fact Sheet 2012–3025
Using a geology-based assessment methodology, the U.S. Geological Survey estimated means of 4.7 billion barrels of undiscovered oil and 227 trillion cubic feet of undiscovered natural gas in three major offshore petroleum basins of northwest Australia and in the Gippsland Basin of southeast Australia.
First posted March 15, 2012
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Pollastro, R.M., Brownfield, M.E., Charpentier, R.R., Cook, T.A., Klett, T.R., Kirschbaum, M.A., Pitman, J.K., and Schenk, C.J., 2012, Assessment of undiscovered conventional oil and gas resources of Bonaparte Basin, Browse Basin, Northwest Shelf, and Gippsland Basin Provinces, Australia, 2011: U.S. Geological Survey Fact Sheet 2012–3025, 2 p.