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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
Market players primarily focus on LNG production, exploration activities, regulatory compliance, and infrastructure development to drive growth in a competitive landscape.
- ExxonMobil Australia Pty Ltd.
- BP Australia Pty Ltd.
- Woodside Energy Group Limited
- Shell Energy Operations Pty Ltd.
- Santos Ltd.
- Origin Energy Limited
- Beach Energy Limited
- Cooper Energy Limited
- Chevron Australia Pty Ltd
- Others
Australia Oil and Gas Market Report Snapshots
Australia Oil and Gas Market Size
Australia Oil and Gas Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate volume of 157.61 thousand barrels.
The oil and gas market in Australia is expected to grow at a CAGR of 1.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach 177.74 thousand barrels by 2032.
The market is being driven due to technological advancements, favourable geopolitical factors influencing production levels and pricing dynamics, and demand for oil and gas from residential, commercial, and institutional sectors.
Key trends aiding the market expansion encompass technological advancements like digitalisation and automation improving operational efficiency, focus on renewable energy sources impacting investment decisions, and increasing emphasis on sustainability driving innovation in extraction methods.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Based on application, the market segmentations include institutions, residential, and commercial, among others.
Onshore and offshore drillings are considered in the report.
Key players in the market are ExxonMobil Australia Pty Ltd., BP Australia Pty Ltd., Woodside Energy Group Limited, Shell Energy Operations Pty Ltd., Santos Ltd., Origin Energy Limited, Beach Energy Limited, Cooper Energy Limited, and Chevron Australia Pty Ltd, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124