Oil and Gas Extraction in Australia - IBISWorld Industry Market Research

Oil and Gas Extraction in Australia

Oil and Gas Extraction in Australia - IBISWorld Industry Market Research
Oil and Gas Extraction in Australia
Published Sep 30, 2015
40 pages — Published Sep 30, 2015
Price US$ 910.00  |  Buy this Report Now

About This Report


The performance of the Oil and Gas Extraction industry is affected by fluctuations in oil and gas prices, exchange rate movements, domestic demand for oil and gas, and annual production volumes. Over the five years through 2015-16, the industry has expanded as domestic output increased and world oil and natural gas prices remained high in Australian dollars from 2011 through 2014. In the five years through 2015-16, industry output, as measured by barrels of oil equivalent (BOE), is expected to increase at a compound annual rate of 2.0%. Furthermore, industry revenue is projected to grow at a compound annual rate of 3.4% over the five years through 2015-16, to reach $41.1 billion.

Firms in the industry are mainly engaged in the production of crude oil, natural gas or condensate through the extraction of oil and gas deposits. These companies may also treat natural gas to produce purified natural gas or liquefied hydrocarbon gases, or operate natural gas absorption or separation plants. Some industry firms also produce liquefied natural gas (LNG) and liquefied petroleum gas (LPG).

The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.

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IBISWorld Industry Market Research—IBISWorld is a leading strategic business information provider that offers comprehensive information on more than 700 US industries covering 4,000 individual product segments. They also provide global industry and industry risk rating reports covering Australia, the United Kingdom and China. IBISWorld data offers detailed analysis on growth trends, the competitive environment and key issues. Reports average 30 to 40 pages and contain figures; market characteristics; product, market and service segmentation; industry conditions, current and historical performance analysis; risk scores; industry participants and market share; factors to success; and 5-year forecasts with forecast analysis.

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Cite this Report

IBISWorld Industry Market Research. "Oil and Gas Extraction in Australia" Sep 30, 2015. Alacra Store. Apr 20, 2018. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Oil-and-Gas-Extraction-in-Australia-2042-3045>
IBISWorld Industry Market Research. (2015). Oil and Gas Extraction in Australia Sep 30, 2015. New York, NY: Alacra Store. Retrieved Apr 20, 2018 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Oil-and-Gas-Extraction-in-Australia-2042-3045>
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