Australian onshore petroleum acreage and releases 2018

2018 ◽  
Vol 58 (2) ◽  
pp. 426
Author(s):  
Elinor Alexander

This paper is a compilation of information provided by state and territory jurisdictions about onshore acreage and its availability for petroleum exploration in 2018. Australian state and territory governments continue to research and promote petroleum prospectivity to stimulate local and international investment in petroleum exploration by generating new exploration concepts and opportunities, facilitating discoveries and fostering new ideas to assist the nation’s upstream petroleum sector to keep on delivering the maximum net benefits to all Australians. Present and future policy directions that relate to onshore petroleum exploration are described, particularly for jurisdictions that are not making petroleum acreage available this year.

2016 ◽  
Vol 56 (1) ◽  
pp. 495
Author(s):  
Justin Gorton

This paper compiles material from state and territory jurisdictions describing the location and resource potential of Australian onshore and coastal waters acreage to be made available for petroleum exploration in 2016. The Australian state and territory governments continue to support investment in the petroleum industry through the annual provision of land for exploration, which is promoted nationally and internationally. Technical assessments are provided with the release, which detail the potential for conventional and/or unconventional resources. The level of assessment will depend on exploration maturity, but may include a description of the geological setting, review of exploration history, summary of key results, and subsurface maps/sections. In addition to this, any updates on recent upstream developments and government initiatives, as well as present and future policy directions that relate to onshore petroleum exploration, may be described, particularly for jurisdictions that are not making land available this year. With global demand for gas—led by Asia—expected to grow at 2.6% annually between 2015 and 2025, investing in Australia’s petroleum and gas industry presents a significant opportunity to supply into this growing market.


2017 ◽  
Vol 57 (2) ◽  
pp. 345
Author(s):  
Jeff Haworth

This paper is a compilation of material from state and territory jurisdictions regarding onshore acreage and its availability for petroleum exploration in 2017. Australian state and territory governments continue to support investment in the petroleum industry through the provision of acreage for exploration, which is promoted nationally and internationally. Updates are provided on recent upstream developments and government initiatives. Present and future policy directions that relate to onshore petroleum exploration are described, particularly for jurisdictions that are not making land available this year. When the APPEA conference was last held in Perth, in 2014, the oil price and exploration outlook were very different from today. In 2016, the petroleum industry experienced the full impact of the downturn, with the price for oil reaching a low of under $27 USD/barrel (WTI) early in the year. Several companies departed the onshore, exploration was at a fifteen-year low and much acreage has been surrendered across Australia. However, 2017 is showing signs of improvement with oil prices in the mid-50s and some hope that the industry will turn the corner this year. Low levels of exploration activity may have implications for future domestic gas supplies, and rising gas prices are of concern to local manufacturing industries and consumers throughout Australia. However, this may present marketing opportunities for successful explorers.


2015 ◽  
Vol 55 (1) ◽  
pp. 113
Author(s):  
Louise Goldie Divko

Australian state and territory acreage opportunities and recent activities are summarised in this paper. Exploration opportunities continue to exist for petroleum explorers in onshore basins, including a number of sedimentary basins that have previously largely been overlooked, with an increased focus (and commercial success) on basin centred gas, tight gas and shale gas plays. Access to onshore acreage in Australia for petroleum exploration is, in most jurisdictions, by means of a formal release process with a work program bidding system. Over-the-counter applications are available in some states based on perceived basin prospectivity. Australian state and territory governments continue initiatives to encourage exploration to realise their natural resource endowments. This includes pre-competitive basin studies, cost-effective and speedy provision of digital exploration data, transparent regulatory regimes, provision of effective land access regimes, internationally competitive royalty regimes, and promotion of acreage releases nationally and internationally.


2020 ◽  
pp. 000765032094982
Author(s):  
Kshitij Awasthi ◽  
K. V. Gopakumar ◽  
Abhoy K. Ojha

The institutional change literature has predominantly focused on successful changes and sparsely on failed changes, but the idea of institutional fields reverting to their pre-change or near pre-change state, after change attempts, remains underexplored. Although recent studies have explored similar phenomenon from the perspective of actors resisting change and trying to restore status quo, a field-level understanding of the processes and the dynamics associated with it remains underexamined. The present study, using the case of reforms in the field of petroleum exploration and production in India, examines an institutional change where the institution, once modified, gradually reverted near to its prechange state. We suggest the concept of institutional elasticity to explain such reverting of institutions, and elaborate on three boundary conditions—scope of change, pace of change, and field-level actor constellations—which have implications for the relationship between institutional elasticity and reverting of institutions.


2010 ◽  
Vol 50 (1) ◽  
pp. 35
Author(s):  
Peter Green

Peter Green is the Geoscience Manager: Energy Geoscience in the Geological Survey Queensland and has extensive experience in basin studies, geoscience and the development of petroleum regulation in Queensland. This paper provides a summary of the land releases for petroleum exploration for onshore areas and coastal waters of Australia for 2010. The summaries include upstream petroleum acreage opportunities for the states and the Northern Territory, and geothermal energy exploration opportunities. The rise in interest in export liquefied natural gas projects has ensured petroleum exploration and production has remained strong. Interest in acquiring petroleum acreage to explore for both conventional and non-conventional plays remains high. Australian state and the Northern Territory governments continue to provide access to land and promotional opportunities for companies to undertake exploration and development of our petroleum resources. Acreage on offer provides a mix of exploration opportunities from conventional oil and gas through to the unconventional plays such as shale gas and tight gas. This change in acreage on offer reflects the changing nature of the onshore petroleum industry in Australia.


2016 ◽  
Vol 30 (1) ◽  
pp. 53-71
Author(s):  
Sinan Al-Bidery

Trustworthy and effective arbitration is a vital guarantee for foreign investors in the petroleum sector, especially those seeking to invest in post-conflict countries such as Iraq. This article is an evaluation of petroleum arbitration agreements in Iraq, which has not yet promulgated a basic arbitration law, let alone for international investment disputes, nor is it is a party to the New York Convention of 1958 or a member of International Centre for the Settlement of Investment Disputes. It examines the use of legislation concerning arbitration agreements, and argues that the relevant provisions are satisfactory for everyday domestic arbitration, but are inadequate in dealing with international commercial disputes, such as over petroleum. Therefore, it is critical, if Iraq is to be able properly to manage the exploitation of her petroleum resources, and her investor relations, that the legal framework is improved. The author makes recommendations on what is needed.


2005 ◽  
Vol 7 ◽  
pp. 57-60
Author(s):  
Leif Thorning ◽  
Lisbeth Aa. Christensen ◽  
Bo Møller Nielsen ◽  
Frands Schjøth ◽  
Henrik Stendal

The Geological Survey of Denmark and Greenland (GEUS) and the Bureau of Minerals and Petroleum (BMP, under the Government of Greenland) have co-operated on the international promotion of the mineral resources of Greenland for more than ten years. The Government of Greenland follows a strategy aimed at the development of a mining and petroleum sector in Greenland capable of yielding a significant proportion of the national income. To reach this goal it is necessary to attract international investment. In respect of mineral exploration, many parts of Greenland can still be considered virgin territory and it is therefore vital that all data relevant for the identification of possible exploration targets are available to the international mining industry. GEUS has produced many compilations of geoscience data for that purpose in traditional reports, on CD-ROMs and in scientific journals. In 2004, a new source of geoscience information was developed based on an interactive GIS facility on the Internet, and mineral exploration data and information from a region in central West Greenland are now accessible at the Greenland Mineral Occurrence Map (GMOM) website at GEUS (Fig. 1; www.geus.dk/gmom). Technically, this new facility will be maintained and developed in accordance with general principles for Internet services adopted by GEUS (e.g. Tulstrup 2004). New information from other regions of Greenland will gradually be added.


2021 ◽  
Author(s):  
Sneh Lata ◽  
Arnab Mondal

<p>The paper discusses about the concept, perception, understanding and consequences of plagiarism among the future policy makers i.e., students. The paper also highlights acceptability of copying somebody’s ideas and thoughts to complete one’s own work which also indicates towards the casual approach of students. Acknowledging the fact that plagiarism is a kind of deception and is a major hurdle in the field of academic growth and development. Therefore, this must not be prevailed as it reduces the opportunity of uniqueness, in a way degrading the level of development in the thought process of people. Thereby, the paper tries to put forward the various consequences caused due to copying others’ ideas rather than putting efforts in creating some new ideas. The paper also talks about the students’ approach towards the idea of plagiarism and how educational institution tries to modify their policies in order to reduce the possibility of plagiarism.</p>


2021 ◽  
Author(s):  
Sneh Lata ◽  
Arnab Mondal

<p>The paper discusses about the concept, perception, understanding and consequences of plagiarism among the future policy makers i.e., students. The paper also highlights acceptability of copying somebody’s ideas and thoughts to complete one’s own work which also indicates towards the casual approach of students. Acknowledging the fact that plagiarism is a kind of deception and is a major hurdle in the field of academic growth and development. Therefore, this must not be prevailed as it reduces the opportunity of uniqueness, in a way degrading the level of development in the thought process of people. Thereby, the paper tries to put forward the various consequences caused due to copying others’ ideas rather than putting efforts in creating some new ideas. The paper also talks about the students’ approach towards the idea of plagiarism and how educational institution tries to modify their policies in order to reduce the possibility of plagiarism.</p>


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