Australia Oil and Gas Exploration and Production Market Volumes and Forecast by Terrain, Assets and Major Companies
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Australia Oil and Gas Exploration and Production Market Report Overview
Australia is the world’s leading LNG producer, as of 2023, with a capacity of 88.70 mtpa. Oil and gas production in Australia is used for both domestic consumption and export to the international market. Australia’s geological features, geographic proximity to the Asian market, attractiveness to foreign investors, and governmental support have enabled Australia’s oil and gas industry to grow over the decades.
The Australia oil and gas exploration and production (E&P) market research report provides an oil and gas production outlook by assets, terrain, and major companies. The report offers key details of active and upcoming oil and gas assets in the country. Furthermore, the detailed report covers crucial information about the recently licensed block details and other latest discoveries. In addition, insights regarding the latest mergers & and acquisitions related to the Australia oil and gas E&P sector are provided in this report.
| Forecast Period | 2024-2029 |
| Key Terrains | · Onshore
· Shallow Water · Deepwater |
| Key Assets (Gross Crude Oil and Condensate
Production) |
· Ichthys LNG Project
· North West Shelf Venture · Prelude · Van Gogh · Wheatstone & Iago |
| Key Assets (Marketed Natural Gas Production) | · Greater Gorgon
· North West Shelf Venture · Wheatstone & Iago · Ichthys LNG Project · Pluto LNG |
| Leading Oil & Gas Companies | · Woodside Energy Group Ltd
· Inpex Corp · Chevron Corp · Shell plc · Santos Ltd |
| Leading Companies (Natural Gas Production) | · Shell plc
· Chevron Corp · Woodside Energy Group Ltd · Exxon Mobil Corp · ConocoPhillips |
| Enquire & Decide | Discover the perfect solution for your business needs. Enquire now and let us help you make an informed decision before making a purchase. |
Australia Oil and Gas Production by Terrains
The key terrains considered for Australia’s oil and gas production are onshore, shallow water, and deepwater. Liquid production is dominated by shallow water terrain, accounting for approximately 61% of total production. On the other hand, the majority of natural gas production also stems from shallow water terrain.
Australia Crude Oil and Condensate Production by Terrains, 2024 (%)
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Australia E&P Sector Crude Oil and Condensate Production by Assets
A few of the key assets in terms of Australia’s crude oil and condensate production are Ichthys LNG Project, Northwest Shelf Venture, Prelude, Van Gogh, and Wheatstone & Iago, among others. In 2024. The Ichthys LNG Project has the highest crude oil and condensate production capacity in Australia.
Australia Crude Oil and Condensate Production by Assets, 2024 (%)
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Australia Oil and Gas E&P Market Segmentation by Marketed Natural Gas Assets
A few of the key marketed natural gas production assets in Australia are Greater Gorgon, Northwest Shelf Venture, Wheatstone & Iago, Ichthys LNG Project, and Pluto LNG, among others. Presently, Greater Gorgon is the major producer of natural gas in the country.
Australia Marketed Natural Gas Production by Assets 2024 (%)
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Australia Oil & Gas Exploration and Production Market - Competitive Landscape
A few of the leading companies in the Australia oil & gas market are:
- Woodside Energy Group Ltd
- Inpex Corp
- Chevron Corp
- Shell plc
- Santos Ltd
Australia Oil and Gas Market Analysis by Companies, 2024 (%)
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Segments Covered in the Report
Australia Oil and Gas Production Terrains Outlook (2024-2029)
- Onshore
- Shallow Water
- Deepwater
Scope
The report provides:
- Australia’s oil and gas production outlook by assets, terrain, and major companies.
- Key details of active and upcoming oil and gas assets in the country.
- Recently licensed block details and latest discoveries.
- Latest mergers and acquisitions related to the E&P sector in the country.
Reasons to Buy
- Gain a strong understanding of Australia’s E&P sector.
- Facilitate decision-making based on strong historical and outlook of oil and gas production data, licensed block details, and discoveries.
- Assess your competitor’s production outlook and licensed block details in the country.
- Analyze the latest M&A landscape related to the country’s E&P sector.
Table of Contents
Table
Figures
Frequently asked questions
-
What is the LNG production capacity in Australia in 2023?
Australia is the world’s leading LNG producer, as of 2023, with a capacity of 88.70 mtpa.
-
Which crude oil and condensate production asset in Australia has the highest capacity as of 2024?
In 2024. The Ichthys LNG Project has the highest crude oil and condensate production capacity in Australia.
-
Which natural gas production asset in Australia has the highest capacity as of 2024?
Presently, Greater Gorgon is the major producer of natural gas in the country.
-
Which are the leading companies operating in the Australian oil and gas E&P market?
A few of the major crude oil & condensate production companies in the Australian oil and gas E&P market are Woodside Energy Group Ltd, Inpex Corp, Chevron Corp, Shell plc, and Santos Ltd, among others.
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