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Australia Oil & Gas

Australia Oil & Gas News

Australia Oil & Gas Rig Data: July 30, 2026

Australia Oil & Gas Overview

Australia's unconventional potential has been a more recent development in the realm of exploration and production. Home to numerous basins, the most popular unconventional targets are located in the Cooper Basin. Other popular basins include the Eromanga and Georgina. According to the U.S. Energy Information Administration, shale gas resources in Australia total 396 trillion cubic feet. Most of the reserves are located in the state of Western Australia.