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There are xx businesses in the Oil & Gas Extraction industry in Australia, which is expected to decline at xx% over the next five years. Industry firms mainly produce crude oil, natural gas or condensate by extracting oil and gas deposits. These companies may also treat natural gas to produce purified natural gas or liquefied hydrocarbon gases, or operate natural gas absorption or separation plants. Some industry firms also produce liquefied natural gas and liquefied petroleum gas.
Curious about what drives these trends? IBISWorld's Oil & Gas Extraction in Australia industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Coal Mining in Australia |
|
XX% | XX% | $XX |
| Wind & Other Renewable Electricity Generation in Australia |
|
XX% | XX% | $XX |
| Uranium Mining in Australia |
|
XX% | XX% | $XX |
| Petroleum Exploration in Australia |
|
XX% | XX% | $XX |
| Mining Support Services in Australia |
|
XX% | XX% | $XX |
| Petroleum Refining & Petroleum Fuel Manufacturing in Australia |
|
XX% | XX% | $XX |
| Gas Supply in Australia |
|
XX% | XX% | $XX |
| Global Oil & Gas Exploration & Production |
|
XX% | XX% | $XX |
| Oil & Gas Extraction in the US |
|
XX% | XX% | $XX |
| Hydraulic Fracturing Services in the US |
|
XX% | XX% | $XX |
| Natural Gas Liquid Processing in the US |
|
XX% | XX% | $XX |
| Oil & Gas Extraction in Canada |
|
XX% | XX% | $XX |
| Oil & Gas Extraction in New Zealand |
|
XX% | XX% | $XX |
| Crude Petroleum & Natural Gas Extraction in the UK |
|
XX% | XX% | $XX |
| Oil & Gas Drilling in China |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 325 Oil & Gas Extraction in Australia businesses as of 2026, an decrease of -1.2% from 2025.
The number of Oil & Gas Extraction in Australia businesses has declined -0.1% per year on average over the five years between 2021 and 2026.
See our full analysis of the Oil & Gas Extraction in Australia to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Oil & Gas Extraction in Australia has moderate market share concentration and the largest business is Woodside Energy.