News Regions Hardcopy Market Data Careers Web- tv Events Subscribe Focus About Upstream Advertise
fall tumble dive bungee

Bungee jumping: a man falls, just like production in Australia

Production tumbles in Australia

Australian petroleum production dropped 5.1% in the first quarter to 106 million barrels of oil equivalent compared with the same time last year, while coalbed methane (CBM) production jumped 38.4% over the same period.

Production slowed due to lower production of crude and natural gas liquids, reflecting more severe cyclone activity, natural field decline and equipment failure, energy economics group Energy Quest reported.

CBM production hit a new record of 915 million cubic metres for the January to March quarter, bringing the total production to 3.28 billion cubic metres for the 12 months to March, said Quest.

Liquefied natural gas production fell slightly, by 1.3% to 3.6 million tonnes for the quarter.

Oil production fell by 11.7% to 26.6 million barrels in the quarter, despite the strong performance of BHP Billiton’s new Stybarrow oilfield off Western Australia.

Oil output fell in all Australia’s major producing basins, with the exception of the Cooper basin which lies onshore South Australia and Queensland, recording a 24.1% growth in production.

e-mail this to a friend

e-mail this to a friend

FREE Daily newsletter print
most popular
search
subscriber login
recruitment

Senior Level Exploration Staff

Our client is looking for highly motivated and highly skilled E&P professionals who can assist with increasing its export production capacity from 2.5 million bopd to...

Petro Staff

Contracts Engineer ( Drilling and Construction)

Incumbent will have high involvement with other divisions, vendors and other customers to ensure compliance with standards and regulations. Changes to services, procedures...

Sheffield Offshore

Senior Level Exploration Staff

Our client is looking for highly motivated and highly skilled E&P professionals who can assist with increasing its export production capacity from 2.5 million bopd to...

Petro Staff

Instrumentation & Control Engineer

OMV Exploration & Production

Operations Readiness Coordinator (f/m)

OMV Exploration & Production

HSE Specialists (Drilling)

Sheffield Offshore

Operations Manager

Roc Oil Company

Lead Planning Engineer

Mentor IMC Group

Technical Manager

Sheffield Offshore

Senior Cost Engineer

Mentor IMC Group

Lead Process Engineer

Sheffield Offshore

Production Technologist

Roc Oil Company

Drilling Contracts Engineer

Sheffield Offshore

Schedule Engineer

Orion Group

Drilling Completions Engineer

Sheffield Offshore

click here for all positions
news from other nhst publications