Australia not replacing 2P: EnergyQuest

ENERGYQUEST CEO Graeme Bethune said there had been a “dramatic” change in the industry over the past ten years and “2029 will look very different again” at one of the technical presentations at yesterday’s APPEA conference.

Australia not replacing 2P: EnergyQuest Australia not replacing 2P: EnergyQuest Australia not replacing 2P: EnergyQuest Australia not replacing 2P: EnergyQuest Australia not replacing 2P: EnergyQuest

 

Petroleum production was up in 2018 by 14% but reserves replacement still needs improvement and overall oil production in Australia is still "pretty poor" though Carnarvon's Dorado project in