Oil and gas companies discovered 12.2 billion barrels of oil equivalent (boe) in 2019, the highest volume since 2015, according to estimates from Rystad Energy.
With an estimated 77.514 million tonnes (Mt) of locally produced LNG in 2019, Australia edged out Qatar, which is expected to register an estimated 75Mt for the year. Read more
The recovery in national oil production gathered momentum in third quarter 2019 with a strong start to production at Woodside’s Greater Enfield project.
National production Read more
Its September production dropped from 6.88 million barrels of oil in June to 6.81 million barrels despite strong production rates in July.
The marginally lower quarter Read more
The new mark included record production of Queensland coal seam gas, which was up by 6.8 per cent or 23.7 petajoules quarter-on-quarter, to a Read more
The Dorado oil, gas and condensate field was discovered in 2018 and appraised this year.
Dorado is in the late stages of the concept select Read more
Earlier this week, the project committee – AG-010 Natural Gas Quality Specifications – released the final draft of AS 4564 (General Purpose Natural Gas).