Australia Oil & Gas Report

Published 12 March 2015

  • 225 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
Australia Oil & Gas Report

Table of Contents

BMI Industry View
9
Table: Headline Forecasts (Australia 2012-2018)
9
SWOT
10
Oil & Gas SWOT
10
Industry Forecast
11
Upstream Exploration
11
Table: Proven Oil and Gas Reserves (Australia 2012-2017)
11
Table: Proven Oil and Gas Reserves (Australia 2018-2023)
11
Table: Chevron's Offshore Gas Discoveries, 2012-Present
13
Table: Recoverable Shale Oil And Gas
18
Upstream Projects
22
Table: Australia Major Upstream Projects
22
Upstream Production - Oil
25
Table: Oil Production (Australia 2012-2017)
25
Table: Oil Production (Australia 2018-2023)
25
Upstream Production - Gas
28
Table: Gas Production (Australia 2012-2017)
28
Table: Gas Production (Australia 2018-2023)
28
Refining
34
Table: Refining Capacity and Refined Products Production (Australia 2012-2017)
34
Table: Refining Capacity and Refined Products Production (Australia 2018-2023)
34
Refined Fuels Consumption
37
Table: Refined Products Consumption* (Australia 2012-2017)
37
Table: Refined Products Consumption* (Australia 2018-2023)
37
Gas Consumption
44
Table: Gas Consumption (Australia 2012-2017)
44
Table: Gas Consumption (Australia 2018-2023)
44
Trade - Oil
50
Crude Oil Trade
50
Table: Crude Oil Net Exports (Australia 2012-2017)
50
Table: Crude Oil Net Exports (Australia 2018-2023)
50
Refined Oil Trade
54
Table: Refined Fuels Net Exports (Australia 2012-2017)
54
Table: Refined Fuels Net Exports (Australia 2018-2023)
54
Table: Total Net Oil Exports - Crude and Products (Australia 2012-2017)
58
Table: Total Net Oil Exports - Crude and Products (Australia 2018-2023)
58
Trade - Gas (Pipeline and LNG)
59
Table: Gas Net Exports (Australia 2012-2017)
59
Table: Gas Net Exports (Australia 2018-2023)
59
LNG
61
Industry Risk Reward Ratings
64
Asia - Risk/Reward Ratings
64
Table: Asia's Oil & Gas Risk/Reward Ratings
64
Table: Asia Upstream Sector Risk/Reward Ratings
65
Resource-Rich Countries Hit By State Involvement
69
Table: Asia O&G Downstream Risk/Reward Ratings
70
Downstream Support
71
Australia - Risk/Reward Ratings
74
Australia Upstream Rating - Overview
74
Rewards: Australia Upstream Rating
74
Risks: Australia Upstream Rating
74
Overview: Australia Downstream Rating
75
Market Overview
76
Australia Energy Market Overview
76
Overview/State Role
78
Government Policy
79
Licensing Rounds
82
Table: 2014 Offshore Petroleum Acreage Release
83
Table: 2013 Offshore Petroleum Exploration Acreage Release And Results
85
International Energy Relations
87
Oil & Gas Infrastructure
89
Oil Refineries
89
Table: Downstream Projects
89
LNG Terminals
91
Table: LNG Terminals In Australia
92
Table: Buyers Of Gorgon LNG
96
Table: Long-Term Buyers Of Wheatstone LNG
97
Table: Long-Term Buyers Of Ichthys LNG
101
Gas Pipelines
107
Competitive Landscape
109
Competitive Landscape Summary
109
Table: Key Players - Australia Oil & Gas Sector
111
Table: Key Upstream Players
111
Table: Key Downstream Players
112
Company Profile
113
Woodside Petroleum
113
Santos
119
BHP Billiton
127
Apache Corporation
132
Chevron Australia
137
ConocoPhillips
142
ExxonMobil Australia
147
Royal Dutch Shell
151
BG Group Australia
157
Other Summaries
163
Regional Overview
182
Asia Overview
182
Slower Oil Consumption Growth
182
Significant Oil Importer Still
185
Tightening In The Downstream
187
Gas Demand Growth To Outshine Oil
189
Gas Production And Export Rise
190
Asia To Absorb Gas Export Growth
192
A Hot Market For LNG
193
Strategies To Lower LNG Prices
196
Sino-Russian Gas Deal Promises Softer Prices
197
Global Industry Overview
198
Global Energy Market Overview
198
Appendix
204
Global - Crude Oil, Refined Fuels And Natural Gas Prices, 10-year Forecasts
204
Table: Energy Price Forecasts, 2012-2017
204
Table: Energy Price Forecasts, 2018-2023
205
Asia - Regional Appendix
207
Table: Oil Consumption - Historical Data & Forecasts, 2011-2018 ('000b/d)
207
Table: Oil Consumption - Long-Term Forecasts, 2015-2023 ('000b/d)
208
Table: Oil Production - Historical Data & Forecasts, 2011-2018 ('000b/d)
208
Table: Oil Production - Long-Term Forecasts, 2015-2023 ('000b/d)
209
Table: Refining Capacity - Historical Data & Forecasts, 2011-2018 ('000b/d)
210
Table: Refining Capacity - Long-Term Forecasts, 2015-2023 ('000b/d)
211
Table: Gas Production - Historical Data & Forecasts, 2011-2018 (bcm)
212
Table: Gas Production - Long-Term Forecasts, 2015-2023 (bcm)
213
Table: Gas Consumption - Historical Data & Forecasts, 2011-2018 (bcm)
213
Table: Gas Consumption - Long-Term Forecasts, 2015-2023 (bcm)
214
Table: LNG Exports - Historical Data & Forecasts, 2011-2018 (bcm)
215
Table: Net LNG Exports - Long-Term Forecasts, 2015-2023 (bcm)
216
Australia - Total Hydrocarbons, 10-Year Forecasts
218
Table: Total Hydrocarbons Production, Consumption and Net Exports (Australia 2012-2017)
218
Table: Total Hydrocarbons Production, Consumption and Net Exports (Australia 2018-2023)
218
Australia - Refined Products Breakdown, 10-Year Forecasts
219
Table: Refined Petroleum Products, Production Breakdown (Australia 2012-2017)
219
Table: Refined Petroleum Products, Production Breakdown (Australia 2018-2023)
220
Table: Refined Petroleum Products, Consumption Breakdown (Australia 2012-2017)
221
Table: Refined Petroleum Products, Consumption Breakdown (Australia 2018-2023)
222
Table: Refined Petroleum Products, Net Exports Breakdown (Australia 2012-2017)
223
Table: Refined Petroleum Products, Net Exports Breakdown (Australia 2018-2023)
224
Table: LPG Production, Consumption and Net Exports (Australia 2012-2017)
225
Table: LPG Production, Consumption and Net Exports (Australia 2018-2023)
225
Glossary
227
Table: Glossary Of Terms
227
Methodology
229
Industry Forecast Methodology
229
Source
231
Risk/Reward Ratings Methodology
231
Table: Bmi's Oil & Gas Upstream Risk/Reward Ratings
233
Table: Weighting
234

The Australia Oil & Gas Report has been researched at source and features BMI Research's independent forecasts for Australia including major indicators for oil, gas and LNG, covering all major indicators including reserves, production, consumption, refining capacity, prices, export volumes and values. The report includes full analysis of industry trends and prospects, national and multinational companies and changes in the regulatory environment.

BMI's Australia Oil & Gas Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and competitive intelligence on the Australian oil and gas industry.

Key Benefits

  • Benchmark BMI's independent oil and gas industry forecasts for Australia to test consensus views - a key input for successful budgeting and strategic business planning in the Australian oil and gas market.
  • Target business opportunities and risks in the Australian oil and gas sector through reviews of latest industry trends, regulatory changes and major deals, projects and investments in Australia.
  • Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.

Coverage

BMI Industry View

Summary of BMI’s key forecasts and industry analysis, covering oil and gas reserves, supply, demand and refining, plus analysis of landmark company developments and key changes in the regulatory environment.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the upstream and downstream sectors and within the broader political, economic and business environment.

BMI Industry Forecasts

Historic data series and forecasts to end-2024 for all key industry indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecast:

  • Pricing: Oil price (USD/bbl, WTI, Brent, OPEC basket, Urals); oil products prices (unleaded gasoline, gasoil/diesel, jet/kerosene – USD/bbl) at global hubs.
  • Production, Consumption, Capacity & Reserves: Proven oil reserves (bn barrels), production, consumption, refinery capacity and throughputs (‘000b/d); proven gas reserves (tcm), production and consumption (bcm) and fuels trade.
  • Imports & Exports: Crude oil exports/imports (‘000s b/d) and value of crude oil trade in USD. Fuels exports/imports (‘000s b/d) and value of fuels trade in USD. Natural gas imports/exports (bcm), by pipeline and/or LNG, and value of natural gas trade.

BMI’s Oil & Gas Risk Reward Index

BMI’s Risk Reward Indices provide investors (independents, NOCs, IOCs, oil services companies) looking for opportunities in the region with a clear country-comparative assessment of the upstream and downstream market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide indices of highest to lowest appeal to investors, with each position explained.

Market Overview

A profile of the upstream and downstream sectors, including analysis of reserves, output, consumption and trade of energy products; overview of the industry landscape and key players; assessment of the business operating environment and the latest regulatory developments.

Competitive landscape

Comparative company analyses by USD sales, % share of total sales, number of employees, year established, ownership structure, oil production (‘000b/d), gas production (bcm), downstream capacity (‘000b/d) and % market share.

Company Profiles*

Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate Company SWOT analyses. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

Regional Overview

Regional perspective on size and value of the industry. Plus comparative rankings by production, refining, imports and exports of oil, gas and LNG.

Global Oil Market & Oil Products Outlook

Based on our country coverage of over 99% of global oil and gas production and consumption, BMI provides demand, supply and price forecasts to end-2024 for oil, gas and oil products.

Sources

The Oil & gas Reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports.

*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.

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Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc