Australia Oil and Gas Exploration and Production Market Volumes and Forecast by Terrain, Assets and Major Companies
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Australia is the world's leading LNG producer, as of 2023, with a capacity of 88.70 mtpa. Qatar and the United States follow this with 77.40 mtpa and 87.25 mtpa respectively. Oil and gas production in Australia is used for both domestic consumption and export to the international market.
Australia Oil and Gas E&P Market by Terrains
The key terrains in Australia’s oil and gas E&P market are onshore, shallow water, and deepwater. In 2022, the onshore terrains were most preferred for both gross crude oil and condensate production and natural gas production.
Australia Oil and Gas E&P Market Analysis by Terrains, 2022 (%)
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Australia Oil and Gas E&P Market Segmentation by Crude Oil and Condensate Production Assets
The key crude oil and condensate production assets in Australia’s oil and gas E&P market are Ichthys LNG Project, North West Shelf Venture, Van Gogh, Prelude, and Wheatstone & Iago among others. In 2022, Ichthys LNG Project was the leading crude oil and condensate production asset.
Australia Oil and Gas E&P Market Analysis by Crude Oil and Condensate Production Assets, 2022 (%)
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Australia Oil and Gas E&P Market Segmentation by Marketed Natural Gas Production Assets
The key marketed natural gas production assets in Australia’s oil and gas E&P market are Greater Gorgon, North West Shelf Venture, Ichthys LNG Project, Wheatstone & Iago, and Gippsland among others. In 2022, Greater Gorgon was the leading marketed natural gas production asset.
Australia Oil and Gas E&P Market Analysis by Marketed Natural Gas Production Assets 2022 (%)
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Australia Oil & Gas Exploration and Production Market - Competitive Landscape
Leading Crude Oil & Condensate Production Companies: The leading crude oil & condensate production companies in the Australia oil and gas E&P market are Woodside Energy Group Ltd, Inpex Corp, Chevron Corp, Shell plc, and Santos Ltd among others. Woodside Energy Group Ltd was the leading company with the highest net entitlement crude oil and condensate production in 2022.
Leading Marketed Natural Gas Production Companies: The leading marketed natural gas production companies in the Australia oil and gas E&P market are Shell plc, Chevron Corp, Woodside Energy Group Ltd, Exxon Mobil Corp, and ConocoPhillips among others. Shell plc was the leading company with the highest net entitlement natural gas production in 2022.
Australia Oil and Gas E&P Analysis by Marketed Natural Gas Production Companies, 2022 (%)
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Scope
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 blocks 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 the Australia's E&P sector
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Analyze latest M&A landscape related to the country’s E&P sector
Table of Contents
Table
Figures
Frequently asked questions
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Which terrains dominated the oil and gas E&P in Australia during 2022?
In 2022, onshore terrains dominated the oil and gas E&P in Australia.
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Which crude oil and condensate production asset accounted for the largest Australia oil and gas E&P market share?
In 2022, Ichthys LNG Project was the leading crude oil and condensate production asset in the Australia oil and gas E&P market.
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Which natural gas production asset accounted for the largest Australia oil and gas E&P market share?
In 2022, Greater Gorgon was the leading natural gas production market asset in the Australia oil and gas E&P market.
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Which are the major crude oil & condensate production companies operating in the Australia oil and gas E&P market?
The key crude oil & condensate production companies in the Australia 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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Which are the major marketed natural gas production companies operating in the Australia oil and gas E&P market?
The key marketed natural gas production companies in the Australia oil and gas E&P are Shell plc, Chevron Corp, Woodside Energy Group Ltd, Exxon Mobil Corp, and ConocoPhillips among others.
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