The Australia Oil and Gas Market was valued at AUD 159.66 Billion in 2025, and is projected to reach AUD 181.67 Billion by 2034, rising at a CAGR of 1.30%.
Based on type, the Australia oil and gas market share is led by the downstream stage of oil and gas production as it increases the profitability for oil and gas companies due to the conversion into higher-value products by the refining of crude oil into various petroleum products
The regulatory standards of petroleum products are maintained by this process and the reduction of emissions and efficiency improvement is being guided by the technological innovation in the refining processes. The storage and transportation of petroleum products in the midstream stage helps in times of crisis and the movement of oil and gas to the refineries from the production sites takes place efficiently by the midstream pipelines.
The trends and innovations driving the Australia oil and gas market development include the increase in optimization of production and exploration processes over the years due to innovations in drilling techniques, and seismic imaging among others. Moreover, the production of energy-efficient equipment and technologies by the oil and gas companies is helping to reduce operational costs.
Based on type, the Australia oil and gas market share is led by the downstream stage of oil and gas production as it increases the profitability for oil and gas companies due to the conversion into higher-value products by the refining of crude oil into various petroleum products
The regulatory standards of petroleum products are maintained by this process and the reduction of emissions and efficiency improvement is being guided by the technological innovation in the refining processes. The storage and transportation of petroleum products in the midstream stage helps in times of crisis and the movement of oil and gas to the refineries from the production sites takes place efficiently by the midstream pipelines.
The trends and innovations driving the Australia oil and gas market development include the increase in optimization of production and exploration processes over the years due to innovations in drilling techniques, and seismic imaging among others. Moreover, the production of energy-efficient equipment and technologies by the oil and gas companies is helping to reduce operational costs.
This report offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Upstream
- Midstream
- Downstream
Market Breakup by Drilling Type
- Onshore
- Offshore
Market Breakup by Application
- Industrial
- Residential
- Commercial
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions6 Market Snapshot7 Opportunities and Challenges in the Market16 Key Trends and Developments in the Market
3 Report Description
5 Executive Summary
8 Asia-Pacific Oil and Gas Market Overview
9 Australia Oil and Gas Market Overview
10 Australia Oil and Gas Market by Type
11 Australia Oil and Gas Market by Drilling Type
12 Australia Oil and Gas Market by Application
13 Australia Oil and Gas Market by Region
14 Market Dynamics
15 Competitive Landscape
Companies Mentioned
- ExxonMobil Australia Pty Ltd.
- BP Australia Pty Ltd.
- Woodside Energy Group Limited
- Shell Energy Operations Pty Ltd.
- Santos Ltd.
- Origin Energy Limited
- Beach Energy Limited
- Cooper Energy Limited
- Chevron Australia Pty Ltd.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 107 |
| Published | October 2025 |
| Forecast Period | 2025 - 2034 |
| Estimated Market Value ( AUD | $ 159.66 Billion |
| Forecasted Market Value ( AUD | $ 181.67 Billion |
| Compound Annual Growth Rate | 1.3% |
| Regions Covered | Australia |
| No. of Companies Mentioned | 9 |
