The Australian Petroleum Production and Exploration Association Conference (APPEA) took place this week in Brisbane, Australia. Many were surprised to see the coalition retain power in the recent federal election, keeping Scott Morrison the Prime Minister. Jessica Morales spoke to Bernadette Cullinane, the oil, gas and chemicals leader for Deloitte Australia as well as the global LNG leader for Deloitte.
Australia recently became the leader in LNG exports. We asked what investors and energy watchers in North America need to understand about industry opportunities in Australia. Cullinane said there are three areas to point out. LNG and infrastructure investment, the Northern Territory and hydrogen.
Bifurcated trends, including on rig count, should not cause concern in the Anadarko Basin for midstream players as upstream players focus on efficiency and optimization.
Operators continue drilling in one of the most attractive oil plays in the Rocky Mountain region.
The Powder River’s plays are competitive with other areas in EOG’s ‘premium portfolio,’ company exec says.