A Great Southern Press Site
Advertisement
Username:   Password: Forgot Password?

« Back to Resource Centre

Jump To:

Exploration and production


Hydrocarbon exploration (or oil and gas exploration) is the search by petroleum geologists and geophysicists for hydrocarbon deposits beneath the Earth's surface.

Visible surface features such as oil seeps, natural gas seeps, pockmarks (underwater craters caused by escaping gas) provide basic evidence of hydrocarbon generation. However, most exploration depends on highly sophisticated technology to detect and determine the extent of these deposits.

When a prospect has been identified and evaluated and passes the petroleum company’s selection criteria, an exploration well is drilled in an attempt to conclusively determine the presence or absence of oil or gas.

A natural gas producer is generally involved in exploration, drilling, and refinement of natural gas. There are independent producers as well as integrated producers, which are generally larger companies that produce, transport and distribute natural gas.

In Australia, companies wishing to embark in hydrocarbon exploration or production require licenses to do so. State and territory governments are responsible for issuing licenses for exploration and production activities to be conducted onshore and within the first three nautical miles off the state’s coastline.

The Commonwealth is responsible for issuing licenses for exploration and production in Australian waters past three nautical miles.

More Less

Latest News

Domestic and international sales on the agenda: Knox

Santos is confident it can supply gas to both domestic and international markets at a reasonable price, though maintaining a reasonable price for supply remains critical to operation, Managing Director and Chief Executive Officer David Knox has said.
 
Profiling the leaders and experts in Australian gas

The top companies of Australia’s natural gas ...

Santos, AGL sign NSW CSG land access agreement

Santos and AGL have agreed to a set of new land...

More
 

Related Companies

BAUER KOMPRESSOREN Australia
WETHERILL PARK, NSW, Australia
 
Falcon Oil & Gas Australia Ltd
NIGHTCLIFF, NT, Australia
 
Sage Technology
MORWELL, VIC, Australia
 
Tidewater Marine Australia Pty Ltd
WEST PERTH, WA, Australia
 
Global Supply Line Pty Ltd
SALISBURY PLAIN, SA, Australia
 
More

Related Events

Energy Networks 2014

Melbourne Convention and Exhibition Centre
 

Gas Compressor Stations Conference

Stamford Plaza, Brisbane
 
More

Basket is empty.
 

Advertisement Advertisement Advertisement Advertisement
Advertisement