Table 3 - Forecast of Crude Oil and Condensate Production from Australia's Identified and Undiscovered Resources, 2008 (thousands of barrels per day)

<Production Table 2 | Download all tables [XLS1.7MB] | Production Table 4>


Year Identified Undiscovered Both
P90 P50 P10 P90 P50 P10 P90 P50 P10
2009 457 520 625 0 1 1 457 523 625
2010 453 528 660 0 1 2 451 530 660
2011 402 485 606 0 2 7 402 488 610
2012 344 434 543 1 3 17 348 440 551
2013 281 366 457 1 5 31 290 375 470
2014 292 388 485 1 11 48 308 405 508
2015 273 383 512 3 20 67 294 408 542
2016 283 420 608 6 29 87 316 460 655
2017 264 415 637 10 40 107 307 465 688
2018 248 405 644 15 50 125 299 465 711
2019 234 385 624 20 61 141 294 461 707
2020 213 349 568 26 71 152 279 432 655
2021 205 336 548 30 78 160 279 428 644
2022 187 307 500 34 86 172 266 405 601
2023 173 284 463 39 93 180 255 385 569
2024 161 264 430 43 98 187 244 372 543
2025 150 246 400 46 103 192 238 359 520

Topic contact: petroleum@ga.gov.au Last updated: May 31, 2012