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Production Statistics

Liquid hydrocarbons

Liquid hydrocarbon resources include crude oil, condensate and LPG. Total liquid production from the Gippsland Basin as at  2014 was 26,089 petajoules* (PJ), with a total of 2,964 PJ of liquids remaining. In the Otway Basin, 23 PJ have been produced with 65 PJ of condensate remaining.

 

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Gas

Most of Victoria's gas production has come from the offshore Gippsland Basin (9,120 PJ) with 9,253 PJ remaining as at 2014. Petroleum discovery and production came a decade later in the Victorian Otway Basin.

The Otway Basin includes South Australia and Victoria. Production has come from offshore and onshore areas and totals 850 PJ, with 1,292 PJ remaining.

     

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Production Statistics 2014
Commonwealth Waters Offshore Victoria

Name	Operator	Basin	Crude (barrels**)	Condensate (barrels)	LPG (barrels)	LNG (mmcf)	Sales Gas  (mmcf)
Gippsland	Esso	Gippsland	11,782,527	7,818,811	10,706,572	-	227,690
Casino	Santos	Otway	-	18,244	-	-	41,357
Geographe Thylacine	Origin	Otway	-	631,829	726,081	-	48,606
Minerva	BHP Billiton	Otway	-	53,660	-	-	20,843
		TOTAL	11,782,527	8,522,544	11,432,653	-	338,496

Production Statistics 2014 - National

Name	Crude (barrels)**	Condensate (barrels)	LPG (barrels)	LNG (mmcf#)	Sales Gas (mmcf)	Coal Seams (mmcf)	TOTAL
Western Australia	52,359,629	33,647,444	6,790,890	968,802	382,979	-	94,149,744
Victoria	11,782,527	8,522,544	11,432,653	-	338,496	-	32,076,220
Queensland	5,237,581	1,580,853	2,252,512	-	103,328	220,502	9,394,776
South Australia	8,277,932	109,207	-	-	-	-	8,387,139
Northern Territory	1,663,259	40,185	-	-	967	-	1,704,411
Tasmania	-	508,345	415,375		14,696		938,416
New South Wales	-	-	-	-	-	4,637	4,637
TOTAL	79,320,928	44,408,578	20,891,430	968,802	840,466	225,140	146,655,344

^Source: Australian Petroleum Production & Exploration Association
**1 barrel = 158.9873 litres or 42 gallons
# 1 mmcf = 1 million cubic feet