Petroleum Discoveries, Exploration Rises In Australia, But Still Way Off Boom Years

Data compiled from IHS Markit, the Australian government and APPEA, shows increased acreage awards signaled a recovery from the dark years of evaporating exploration, but there's quite a way to go to match the recent boom years.

australia oil exploration

ion—albeit some distance off recent boom years of a brighter era.

This was revealed at the APPEA Conference in Brisbane yesterday, where David Spring, Senex Energy’s executive general manager for exploration, delivered the Petroleum Exploration Society of Australia Review for 2018.

With data compiled from IHS Markit, the Australian government and APPEA, Spring told the conference that ...

Already have an account? Log In

Subscribe now to get unmatched and complete coverage of the Energy industry’s entire landscape!

View our subscription options
  • Access to site wide content
  • Access to our proprietary databases
  • Watch exclusive videos with energy executives
  • Unlimited access to an extensive library of Playbooks, Techbooks, Yearbooks, supplements, and special reports
  • Newly Added! Access to Rextag's Energy Datalink, containing extensive GIS databases of energy assets, production records, processing capacities, physical locations, planned projects, acquisition records, and much more.

Dale Granger

Dale Granger is a previous editor of Oil and Gas Investor Australia and current editor of the Petroleum Exploration Society of Australia (PESA) News publication.