DUG Australia
28-30 July 2015
Brisbane, QLD, Australia
Royal International Conv. Ctr.
Register Featured Sponsors
Stratas AdvisorsSchlumbergerSantosPetro-King
TracercoSouth Australian GovernmentValmecServaDOUHSAR
Hosted By
Unconventional Oil & Gas CenterOGI Australia

Key stakeholders from Australia and beyond gather to discuss the path forward for the onshore oil and gas sector Down Under

Hart Energy is the Global Media Partner for LNG 18

LNG 18 Logo

With Australia's energy portfolio is transforming amid global interest in onshore resource plays. This July, the 3rd annual DUG Australia conference and exhibition united 250+ attendees and 40+ exhibitors and sponsors for targeted discussions on current opportunities and the future of Australia's onshore oil and gas and LNG sectors. While many acknowledged facing challenges in this phase of the business cycle, the group remained bullish on the vast potential for the nation's onshore resource plays. In addition, discussions featured presentations combining lessons learned from North America with new insights on existing Australian reservoirs.

The event's world–class speaker lineup featured leaders from top producers in Australia and beyond, including Santos, Strike Energy, Senex Energy, Armour Energy and others. Presenters discussed investment opportunities, economic forecasts, drilling prospects, and recent developments in LNG. With hours of networking opportunities built into the event, attendees had ample time to connect and discuss everything they learned in the conference sessions.

The conference may be over, but the conversation isn't! Find out what other attendees and exhibitors are saying on Storify. We would love to hear about your experience too. Houston-based Hart Energy, information provider to the energy industry, and its Oil and Gas Investor Australia franchise, have been named the Global Media Partner for LNG 18, the International Gas Union's 18th International Conference and Exhibition on Liquefied Natural Gas – set for 11-15 April 2016 in Perth, WA. Learn more >>

 

 

 
News

As Crude Rises Highest In Over A Year, US Drillers Add Rigs
U.S. energy companies extended their recovery in oil drilling into a seventh month during the week of Nov. 28 as they follow through on plans to add rigs as crude rose to its highest price in over a year. Drillers added three oil rigs in the week to Dec. 2, bringing the total count up to 477, the most since January, but still below the 545 rigs seen a year ago, energy services firm Baker Hughes Inc said on Dec. 2.Since crude prices recovered from 13-year lows to around $50 per barrel (bbl) in May, drillers have added a total of 161 oil rigs in 24 of the past 27 weeks, its biggest recovery since a global oil glut crushed the market over two years. 

Workers In Vaca Muerta Will Strike Over YPF Layoffs
About 23,000 Argentine oil and gas workers will go on a 48-hour strike beginning on Dec. 5 to protest state-owned oil company YPF SA's decision to lay off at least 1,600 workers, a union leader said on Dec. 2.The strike involves workers in southern Argentina's Vaca Muerta Shale, one of the largest unconventional reserves in the world and a region that has attracted investment from Chevron Corp. (NYSE: CVX) and Exxon Mobil Corp. (NYSE: XOM), but that remains largely unexplored.YPF's layoffs will mainly affect workers who have remained on the payroll although their units have been inactive for the bulk of the year, a company source said on Dec. 1.

Leftist Rebel Attack Shuts Production At Colombia's Cano Limon Field
Crude production at Colombia's Cano Limon oil field was halted on Dec. 2 after a series of pipeline attacks by leftist rebels prevented operator Occidental Petroleum Corp. (NYSE: OXY) from moving oil to port, oil industry sources said.The field's pipeline, which moves crude from the country's northeast to the Caribbean, has been shut since Nov. 17 because of bombings the military attributed to the National Liberation Army (ELN) rebels."The oil cannot be moved because the pipeline is down. The storage capacity at Cano Limon is full and Occidental was obliged to start the gradual halt of the wells," an oil industry source told Reuters.