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
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.
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