Name: Australia upstream summary
Brand: Wood Mackenzie
SKU: 18018
Price: 11340 USD
Availability: OnlineOnly
Author: Wood Mackenzie

Country Report 14 September 2026

Get this report*

$11,340

You can pay by card or invoice

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Report summary

Australia ranks among the world's leading LNG producers. Legacy projects, including the North West Shelf, laid the foundations, and the period from 2015 to 2019 added over 60 mmtpa of new capacity. The focus has since shifted to backfilling existing infrastructure as mature fields decline. Tightening domestic supply, particularly on the east coast, prompted the federal government to announce a domestic gas reservation scheme in December 2025, requiring LNG exporters to direct a minimum 20% of their export volumes to the local market. Australia's unconventional gas sector has also reached an inflection point. The Beetaloo shale play entered early production in 2026, marking the first commercial output from an Australian shale development, while Otway Basin exploration has returned mixed results. M&A activity in 2026 has shifted towards portfolio rationalisation. A new decommissioning framework is reshaping end-of-life planning for Australia's maturing asset base.

Majors
Independent E&Ps and NOCs
Introduction
Carnarvon Basin
Gippsland Basin
Licensing
Drilling
- Drilling activity
- Onshore drilling
- Offshore drilling
- Drilling successes
- Success rates
- Oil/Condensate
- Gas
Oil/Condensate
Gas
Introduction
Oil infrastructure
Gas infrastructure
- New South Wales
- South Australia
- Tasmania
- Victoria
23 more item(s)...