Oil and Gas Extraction in Australia - Market Research Report

Oil and Gas Extraction industry trends (2014-2019)

poll Average industry growth 2014–2019: 12.3%

The Oil and Gas Extraction industry has had significant revenue growth over the past five years, despite exhibiting high volatility. Changes in oil and gas prices, exchange rate movements, domestic and export demand for oil and gas, and annual production volumes all influence the industry's performance. Industry output has expanded over the past five years, while world oil and natural gas prices have declined. Australian natural gas production, which makes up most of the industry, is expected to increase at an annualised 16.3% over the five years through 2018-19. Although the world price of natural gas has fallen over the past five years, industry revenue is expected to grow at an annualised 12.3% over the five years through 2018-19 due to production...
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Oil and Gas Extraction industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

Revenue in the Oil and Gas Extraction industry is projected to grow over the next five years, although the rate of investment in new projects is anticipated to decline. Australia's volume of LNG exports is forecast to be close to XX million tonnes by XXX-XX, up from XX.X million tonnes in XXX-XX. Exports are forecast to account for XX.X% of industry revenue in XXX-XX, with the growing importance of gas outweighing declining oil extraction. Higher projected volumes of extracted natural gas are anticipated to offset a slight decline in prices for LNG. Overall, industry revenue is forecast to grow at an annualised X.X% over the next five years, to $XX.X billion in XXX-XX. Industry enterprise and employment numbers are projected to increase as additional...
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Oil and Gas Extraction industry statistics

  • attach_money Market Size: $75bn
  • business Number of Businesses: 1,125
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 20,288

Biggest companies in the Oil and Gas Extraction industry

The companies holding the largest market share in the Oil and Gas Extraction in Australia industry include Chevron Australia Holdings Pty Ltd, Woodside Petroleum Ltd, Shell Energy Holdings Australia Limited, BHP Group Limited, ExxonMobil Australia Pty Ltd and Santos Ltd.

  • pie_chart Chevron Australia Holdings Pty Ltd Market Share: x.x%
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  • pie_chart Woodside Petroleum Ltd Market Share: x.x%
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  • pie_chart Shell Energy Holdings Australia Limited Market Share: x.x%
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  • pie_chart BHP Group Limited Market Share: x.x%
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  • pie_chart ExxonMobil Australia Pty Ltd Market Share: x.x%
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  • pie_chart Santos Ltd Market Share: x.x%
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What is Oil and Gas Extraction industry?

Industry Definition

Industry firms mainly produce crude oil, natural gas or condensate by extracting 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 and liquefied petroleum gas.

Industry Products and Services

  • Crude oil and condensate
  • Liquefied petroleum gas
  • Coal seam gas
  • Traditional natural gas
  • All Others

Industry Activities

  • Crude oil mining
  • Oil shale mining
  • Natural gas extraction
  • Petroleum gas extraction
  • Coal seam gas mining
  • Liquefied natural gas (LNG) production
  • Liquefied petroleum gas (LPG) production

Market research report - table of contents

Industry Definition

Industry firms mainly produce crude oil, natural gas or condensate by extracting 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 and liquefied petroleum gas.

Main Activities

  • Crude oil mining
  • Oil shale mining
  • Natural gas extraction
  • Petroleum gas extraction
  • Coal seam gas mining
  • Liquefied natural gas (LNG) production
  • Liquefied petroleum gas (LPG) production

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The export price of natural gas directly affects domestic gas prices and liquefied natural gas (LNG) export revenue. Higher natural gas export prices posi...
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Export price of liquefied natural gas
World price of crude oil
Demand from gas supply
US dollars per Australian dollar

Current Performance

Strong LNG

output growth
Unconventional resources
Oil production

and imports
 Chart: Revenue Growth

Industry Outlook

LNG export growth
Industry challenges
 Table: Oil and Gas Extraction in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Oil and Gas Extraction in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Petroleum Refining and Petroleum Fuel Manufacturing in Australia
Gas Supply in Australia
Fossil Fuel Electricity Generation in Australia




Key Selling Industries

Petroleum Exploration in Australia
Mining Support Services in Australia
Pipeline Transport in Australia




Products & Services

The Oil and Gas Extraction industry's main products are crude oil (including condensate) and natural gas. Natural gas is produced conventionally from gas ...
Domestic gas industries
Crude oil export markets
Domestic petroleum refineries
LPG export markets
Domestic LPG markets

Demand Determinants

Demand for oil and gas is generally driven by key export markets, the domestic transportation sector, and Australian households and companies that use the...
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Major Markets

Domestic gas industries
Crude oil export markets
Domestic petroleum refineries
LPG export markets
Domestic LPG markets


 Chart: Major Market Segmentation for the Oil and Gas Extraction in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Oil and Gas Extraction industry exhibits high market share concentration, with the four largest firms expected to account for 47.7% of revenue in 2018...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Oil and Gas Extraction in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Oil and Gas Extraction in Australia - Market Research Report Industry

Industry Globalization

Chevron Australia Holdings Pty Ltd is owned by the US-based Chevron Corporation, which has worldwide upstream and downstream interests in oil and gas, and...
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Chevron Australia

 Table: Chevron Australia - financial performance

Woodside

 Table: Woodside - financial performance

Shell Energy Holdings Australia

 Table: Shell Energy Holdings Australia - financial performance

BHP

 Table: BHP - financial performance

ExxonMobil Australia

 Table: ExxonMobil Australia - financial performance

Santos

 Table: Santos - financial performance

Capital Intensity

The industry is highly capital-intensive. Capital expenditure by the industry is high, with some recently completed projects at record high rates for the ...
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 Chart: Level of Capital Intensity for the Oil and Gas Extraction in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Oil and Gas Extraction in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

CONDENSATE

FRACKING

LIQUEFIED NATURAL GAS (LNG)

LIQUEFIED PETROLEUM GAS (LPG)

MEGA-PROJECT

OILFIELD

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Oil and Gas Extraction industry?

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This report on Oil and Gas Extraction in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Oil and Gas Extraction in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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