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The offshore Malay Basin province is a Tertiary oil and gas province composed of a complex of half grabens that were filled by lacustrine shales and continental clastics.These deposits were overlain by clastics of a large delta system that covered the basin.Delta progradation was interupted by transgressions of the South China Sea to the southeast, which finally flooded the basin to form the Gulf of Thailand.Oil and gas from the Oligocene to Miocene lacustrine shales and Miocene deltaic coals is trapped primarily in anticlines formed by inversion of the half grabens during the late Miocene.Hydrocarbon reserves that have been discovered amount to 12 billion barrels of oil equivalent.The U.S. Geological Survey assessment of the estimated quantities of conventional oil, gas and condensate that have the potential to be added to reserves by the year 2025 for this province is 6.3 billion barrels of oil equivalent (BBOE) (U. S. Geological Survey World Energy Assessment Team, 2000).
The Gippsland Basin Province 3930, located on the southeastern coast of Australia, is formed from two successive failed rifts that developed into a passive margin during the Cretaceous. Formation of this basin is related to the break up of Gondwana, which resulted in the separation of Antarctica from Australia, and the separation of the New Zealand and Lord Howe Rise continental crust from Australia. Coals and coaly shales of Late Cretaceous through Eocene age are the source rocks for oil and gas that accumulated predominantly in anticlinal traps. The basin was Australia's major producing basin until 1996 when daily oil/condensate production from the North West Shelf surpassed it.
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