Australia Oil and Gas Exploration and Production Market Volumes and Forecast by Terrain, Assets and Major Companies

Powered by

All the vital news, analysis, and commentary curated by our industry experts.

Australia Oil and Gas Exploration and Production Market Report Overview

Australia is ranked the highest producer of LNG capacity as of 2021, with over 80 million tonnes. The country’s fossil fuel industry is dominated by natural gas production. This gradual growth in gas production is most likely attributed to the global shift to cleaner sources of energy coupled with an increase in demand for gas both domestically and internationally. Much of the new gas production will go to natural gas and LNG supply for both domestic use and international use, with the major markets being the Asia and Pacific.

The Australia oil and gas 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 Australian oil and gas E&P sector are also provided in this report.

Forecast Period 2023-2028
Historical Period 2019-2022
Key Terrains (Crude Oil and Condensate Production) ·        Onshore

·        Shallow Water

·        Deepwater

Key Assets (Gross Crude Oil and Condensate

Production)

·        Ichthys LNG Project

·        North West Shelf Venture

·        Van Gogh

·        Prelude

·        Wheatstone & Iago

Key Assets

(Marketed Natural Gas Production)

·        Greater Gorgon

·        North West Shelf Venture

·        Ichthys LNG Project

·        Wheatstone & Iago

·        Gippsland

Leading Companies (Crude Oil and Condensate Production) ·        Woodside Energy Group Ltd

·        Inpex Corp

·        Chevron Corp

·        Shell plc

·        Santos Ltd

Leading Companies (Marketed 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 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 (%)

Australia Oil and Gas E&P Market Analysis by Terrains, 2022 (%)Buy the Full Report for more Terrain-Wise Insights into the Australia Oil and Gas E&P Market
Download a Free Sample Report

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 (%)

Australia Oil and Gas E&P Market Analysis by Crude Oil and Condensate Production Assets, 2022 (%)
Buy the Full Report for More Insights into Crude Oil and Condensate Production Assets of the Australian oil and Gas E&P Market,
Download A Free Report Sample

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 (%)

Australia Oil and Gas E&P Market Analysis by Marketed Natural Gas Production Assets 2022 (%)
Buy the Full Report for More Insights into Marketed Natural Gas Production Assets of the Australia Oil and Gas E&P Market,
Download A Free Report Sample

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 (%)

Australia Oil and Gas E&P Analysis by Marketed Natural Gas Production Companies, 2022 (%)
Buy the Full Report to learn More About Leading Companies in Australia’s Oil and Gas Exploration and Production Market
Download A Free Report Sample

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 Australia’s E&P sector
  • Facilitate decision-making based on strong historical and outlook of oil and gas production data, licensed blocks details, and discoveries
  • Assess your competitor’s production outlook and licensed blocks details in the country
  • Analyze the latest M&A landscape related to the country’s E&P sector

Table of Contents

  • 1 List of Tables
  • 2 List of Figures
  • 3 Australia Exploration and Production Sector

    • 3.1 Australia Exploration and Production Sector, Oil and Gas Production Outlook
    • 3.2 Australia Exploration and Production Sector, Marketed Natural Gas Production by Terrain
    • 3.3 Australia Exploration and Production Sector, Gross Crude Oil and Condensate Production by Assets
    • 3.4 Australia Exploration and Production Sector, Marketed Natural Gas Production by Assets
    • 3.5 Australia Exploration and Production Sector, Net Entitlement Crude Oil and Condensate Production by Major Companies
    • 3.6 Australia Exploration and Production Sector, Net Entitlement Natural Gas Production by Major Companies
    • 3.7 Australia Exploration and Production Sector, Active and Upcoming Oil and Gas Asset Details
    • 3.8 Australia Exploration and Production Sector, Exploration

      • 3.8.1 Australia Exploration and Production Sector, Exploration Details, Exploration

    • 3.9 Australia Exploration and Production Sector, Major Oil and Gas Discoveries

      • 3.9.1 Australia Exploration and Production Sector, Number of Oil and Gas Discoveries, 2019 – 2023
      • 3.9.2 Australia Exploration and Production Sector, Oil and Gas Discovery Details

  • 4 Recent Contracts
  • 5 Appendix
  • 6 Methodology

Table

Australia, Total Gross Crude Oil and Condensate Production (bd) by Terrain, 2019-2028 8

Australia, Marketed Natural Gas Production by Terrain (mmcfd), 2019-2028 9

Australia, Gross Crude Oil and Condensate Production (bd), by Assets, 2019-2028 11

Australia, Marketed Natural Gas Production (mmcfd), by Assets, 2019-2028 14

Australia, Net Entitlement Crude Oil and Condensate Production (bd), by Major Companies, 2019-2028 17

Australia, Net Entitlement Natural Gas Production (mmcfd), by Major Companies, 2019-2028 21

Australia, Active and Upcoming Oil and Gas Field Assets Details 26

Australia, Recently Licensed Block Details 32

Australia, Number of Oil and Gas Discoveries, 2019 – 2023 40

Australia, Oil and Gas Discovery Details, 2019 – 2023 41

Recent Contracts 45

Recent M&A Activity 70

Figures

Australia, Total Gross Crude Oil and Condensate Production (bd) by Terrain, 2019-2028 8

Australia, Marketed Natural Gas Production by Terrain (mmcfd), 2019-2028 9

Top 10 Fields in Australia by 2019-2028 Crude Oil Production 10

Top 10 Fields in Australia by 2019-2028 Natural Gas Production 13

Top 10 Companies in Australia by 2019-2028 Crude Oil and Condensate Production 16

Top 10 Companies in Australia by 2019-2028 Natural Gas Production 20

Australia, Active and Upcoming Oil and Gas Assets by Production Start Year 2019-2028 25

Australia, Number of Oil and Gas Discoveries, 2019 – 2023 40

Frequently asked questions

Australia Oil and Gas Exploration and Production Market Volumes and Forecast by Terrain, Assets and Major Companies thematic reports
Currency USD
$3,000

Can be used by individual purchaser only

$9,000

Can be shared globally by unlimited users within the purchasing corporation e.g. all employees of a single company


Undecided about purchasing this report?

Enquire Before Buying Request a Free Sample

Get in touch to find out about multi-purchase discounts

reportstore@globaldata.com
Tel +44 20 7947 2745

Every customer’s requirement is unique. With over 220,000 construction projects tracked, we can create a tailored dataset for you based on the types of projects you are looking for. Please get in touch with your specific requirements and we can send you a quote.

Sample Report

Australia Oil and Gas Exploration and Production Market Volumes and Forecast by Terrain, Assets and Major Companies was curated by the best experts in the industry and we are confident about its unique quality. However, we want you to make the most beneficial decision for your business, so we offer free sample pages to help you:

  • Assess the relevance of the report
  • Evaluate the quality of the report
  • Justify the cost

Download your copy of the sample report and make an informed decision about whether the full report will provide you with the insights and information you need.

Below is a sample report to understand what you are buying

See what our customers are saying

“The GlobalData platform is our go-to tool for intelligence services. GlobalData provides an easy way to access comprehensive intelligence data around multiple sectors, which essentially makes it a one-for-all intelligence platform, for tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised services, which benefits everyday use. The highly detailed project intelligence and forecast reports can be utilised across multiple departments and workflow scopes, from operational to strategic level, and often support strategic decisions. GlobalData Analytics and visualisation solutions has contributed positively when preparing management presentations and strategic papers.”

Business Intelligence & Marketing Manager, SAL Heavy Lift

“COVID-19 has caused significant interference to our business and the COVID-19 intelligence from GlobalData has helped us reach better decisions around strategy. These two highlights have helped enormously to understand the projections into the future concerning our business units, we also utilise the project database to source new projects for Liebherr-Werk to use as an additional source to pitch for new business.”

Market Analyst & Management, Liebherr-Werk

Your daily news has saved me a lot of time and keeps me up-to-date with what is happening in the market, I like that you almost always have a link to the source origin. We also use your market data in our Strategic Business Process to support our business decisions. By having everything in one place on the Intelligence Center it has saved me a lot of time versus looking on different sources, the alert function also helps with this.

Head of Key Accounts, Saab AB

Having used several other market research companies, I find that GlobalData manages to provide that ‘difficult-to-get’ market data that others can’t, as well as very diverse and complete consumer surveys.

Marketing Intelligence Manager, Portugal Foods

Our experience with GlobalData has been very good, from the platform itself to the people. I find that the analysts and the account team have a high level of customer focus and responsiveness and therefore I can always rely on. The platform is more holistic than other providers. It is convenient and almost like a one stop shop. The pricing suite is highly competitive and value for our organisation.

I like reports that inform new segments such as the analysis on generation Z, millennials, the impact of COVID 19 to our banking customers and their new channel habits. Secondly the specialist insight on affluent sector significantly increases our understanding about this group of customers. The combination of those give us depth and breadth of the evolving market.

I’m in the business of answering and helping people make decisions so with the intelligence center I can do that, effectively and efficiently. I can share quickly key insights that answer and satisfy our country stakeholders by giving them many quality studies and primary research about competitive landscape beyond the outlook of our bank. It helps me be seen as an advisory partner and that makes a big difference. A big benefit of our subscription is that no one holds the whole data and because it allows so many people, so many different parts of our organisation have access, it enables all teams to have the same level of knowledge and decision support.

Head of Customer Insight and Research, Standard Chartered

“I know that I can always rely on Globaldata’s work when I’m searching for the right consumer and market insights. I use Globaldata insights to understand the changing market & consumer landscape and help create better taste & wellbeing solutions for our customers in food, beverage and healthcare industries.

Globaldata has the right data and the reports are of very high quality compared to your competitors. Globaldata not only has overall market sizes & consumer insights on food & beverages but also provides insights at the ingredient & flavour level. That is key for B2B companies like Givaudan. This way we understand our customers’ business and also gain insight to our unique industry”

Head of Consumer Sensory Insights, Givaudan

GlobalData provides a great range of information and reports on various sectors that is highly relevant, timely, easy to access and utilise.  The reports and data dashboards help engagement with clients; they provide valuable industry and market insights that can enrich client conversations and can help in the shaping of value propositions. Moreover, using GlobalData products has helped increase my knowledge of the finance sector, the players within it, and the general threats and opportunities.

I find the consumer surveys that are carried out to be extremely beneficial and not something I have seen anywhere else. They provided an insightful view of why and which consumers take (or don’t) particular financial products. This can help shape conversations with clients to ensure they make the right strategic decisions for their business.

One of the challenges I have found is that data in the payments space is often piecemeal. With GD all of the data I need is in one place, but it also comes with additional market reports that provide useful extra context and information. Having the ability to set-up alerts on relevant movements in the industry, be it competitors or customers, and have them emailed directly to me, ensures I get early sight of industry activity and don’t have to search for news.

Senior Account Manager, TSYS
Go even deeper with GlobalData Intelligence Center

Every Company Report we produce is powered by the GlobalData Intelligence Center.

Subscribing to our intelligence platform means you can monitor developments at Australia Oil and Gas Exploration and Production Market Volumes and Forecast by Terrain, Assets and Major Companies in real time.

  • Access a live Australia Oil and Gas Exploration and Production Market Volumes and Forecast by Terrain, Assets and Major Companies dashboard for 12 months, with up-to-the-minute insights.
  • Fuel your decision making with real-time deal coverage and media activity.
  • Turn insights on financials, deals, products and pipelines into powerful agents of commercial advantage.