Oil and Gas Production in Australia - IBISWorld Industry Market Research

Oil and Gas Production in Australia

Oil and Gas Production in Australia - IBISWorld Industry Market Research
Oil and Gas Production in Australia
Published Nov 20, 2012
34 pages — Published Nov 20, 2012
Price US$ 970.00  |  Buy this Report Now

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Australia's oil production is wavering, but gas output – including coal seam methane – is growing strongly. The Oil and Gas Production industry's revenue is expected to grow at an annualised 3.5% over the five years through 2012-13, to reach $40.7 billion. Industry revenue is forecast to increase by 13.2% in 2012-13 on the back of higher oil prices and increased natural gas output. Crude oil output is expected to increase slightly. The gain will be made despite the introduction of a carbon tax on 1 July 2012. The industry, which is expected to make a net profit of $18.2 billion in 2012-13, will contribute about 2.7% of Australia's GDP.Firms in this industry produce crude oil, natural gas or condensate. They may also treat these products on site to produce liquefied or purified forms of oil and gas.

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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IBISWorld Industry Market Research. "Oil and Gas Production in Australia" Nov 20, 2012. Alacra Store. Jun 23, 2018. <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Oil-and-Gas-Production-in-Australia-2042-1367>
IBISWorld Industry Market Research. (2012). Oil and Gas Production in Australia Nov 20, 2012. New York, NY: Alacra Store. Retrieved Jun 23, 2018 from <http://www.alacrastore.com/storecontent/IBISWorld-Industry-Market-Research/Oil-and-Gas-Production-in-Australia-2042-1367>
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