Petroleum Engineering and Resources Project

Overview

The project is divided into the following three areas:

1: Petroleum Engineering and Resource Management Advice

  • provide technical advice to the Department of Resources, Energy and Tourism on petroleum engineering issues, petroleum resources and greenhouse gas storage issues for the purpose of the Offshore Petroleum and Greenhouse Gas Storage Act 2006
  • provide relevant advice in association with the Department of Resources, Energy and Tourism  for the purposes of Excise Tariff Act 1921, the Petroleum Resource Rent Tax Assessment Act 1987, and the Trade Practices Act 1974
  • provide relevant advice for activities in the Timor Sea Joint Petroleum Development Area
  • provide advice and support as required to the annual offshore Petroleum Acreage Release process

2: Petroleum Resource Assessment

  • provide assessments of Australia’s discovered and undiscovered petroleum resources, including conventional and unconventional petroleum resources
  • provide the forecasts of production from both the discovered and undiscovered resources

3: Provision of Petroleum Statistical Information and Analysis

  • provide relevant statistics on Australia’s petroleum resources, petroleum developments, petroleum production and resources self-sufficiency

The outcome of the project is to enhance resource management of Australia’s petroleum resources for the benefit of the community and provide technical advice in development of the regulatory regime for the offshore geological storage of carbon dioxide.

Status

The project is currently focussed on:
  • ongoing advice to the Department of Resources, Energy and Tourism and other government agencies as requested
  • ongoing matainenance of Petroleum Resources and Production Data

Achievements to date

Topic contact: petroleum@ga.gov.au Last updated: October 4, 2013