Australia · asset class

Oil & Gas Fields in Australia

Australia has 90 oil & gas fields mapped on the OverWatts open energy atlas — the 16th-largest fleet of the 91 countries that hold any, and 1% of the world's mapped total. Of these, 52 operating and 32 under construction or proposed. The largest is North West Shelf (gas, offshore).

The largest owner-operators are Woodside Energy Ltd (19), Santos Ltd (13) and Chevron Australia Pty Ltd (12) — Woodside Energy Ltd alone is named on 21% of them. Half of Australia's oil & gas fields in service predate 2013 (median commissioning year of the 38 with a known date), 16 came online in the past decade and the oldest still listed is Mereenie Oil and Gas Field (Northern Territory, Australia), dating from 1963. 32 are in the pipeline, led by Pyrenees Oil and Gas Field (Western Australia, Australia), proposed. They account for 7% of every energy asset OverWatts maps in Australia.

90
Oil & Gas Field in Australia
#16
of 91 countries
32
In construction / proposed

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Largest oil & gas fields in Australia

Who owns Australia's oil & gas fields

Counts an asset once per company named as its owner or operator; a joint venture counts for each partner.

When they were built

Median commissioning year 2013 · oldest Mereenie Oil and Gas Field (Northern Territory, Australia) (1963) · newest Barossa Gas and Condensate Field (Northern Territory, Australia) (2025) · 38 of 90 carry a start date

Under construction & proposed

How Australia compares · oil & gas fields by country

Frequently asked

How many oil & gas fields are there in Australia?
OverWatts maps 90 oil & gas fields in Australia — 1% of the world's mapped total, the 16th-largest national fleet of the 91 countries with any.
What is the largest oil & gas field in Australia?
North West Shelf (gas, offshore), operated by Woodside.
Who owns the oil & gas fields in Australia?
Woodside Energy Ltd is named as owner or operator on the most — 19 of 90 (21%). Next are Santos Ltd (13), Chevron Australia Pty Ltd (12) and BP Developments Australia Pty Ltd (10).
How old are Australia's oil & gas fields?
The median commissioning year is 2013, across the 38 in service with a known start date. The oldest still listed is Mereenie Oil and Gas Field (Northern Territory, Australia) (1963); 16 came online in the past ten years.
What new oil & gas fields are being built in Australia?
32 projects are under construction or proposed. The largest are Pyrenees Oil and Gas Field (Western Australia, Australia), Antiope Oil and Gas Field (Western Australia, Australia) and Brady Oil Field (Western Australia, Australia).

Other asset classes in Australia

Oil & Gas Fields in other countries