1144.0 - Directory of Mining Statistics, 2002  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 13/12/2006   
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Contents >> Mining - Financial performance >> Petroleum Exploration and Production Industry - Financial Survey

NAME OF COLLECTION
Petroleum Exploration and Production Industry - Financial Survey

Contact
Director
Commercial
Australian Petroleum Production and Exploration Association (APPEA) Limited
GPO Box 2201
CANBERRA ACT 2601

Telephone: Canberra 02 6247 0960
Facsimile: Canberra 02 6247 0548
Email: nmullen@appea.com.au
Web site: <http://www.appea.com.au>

Purpose
To provide information on the financial performance of the Australian petroleum exploration and production industry.

Description
A survey of companies in the Australian petroleum exploration and production industry (approximately 60), which account for in excess of 95% of oil and gas production activity in Australia.

A mail questionnaire is used to collect the data, and telephone follow-up is undertaken when required.

Main data detail

  • gross revenue
  • assets/liabilities
  • expenditures
  • taxes paid
  • net profit
  • industry returns
  • borrowings
  • employment.
Geographic coverage
Australia.

Frequency of data availability
Annual.

Reference period
Year ended 30 June.

Historical data
Data are available from 1987-88.

Products and services
Publication

  • APPEA Petroleum Exploration and Production Industry Financial Survey

Other
Example of information available

KEY FINANCIAL STATISTICS- AUSTRALIA
Units
1995-96
1996-97
1997-98
1998-99
1999-2000

Sales volumemmboe
330
331
359
357
387
Revenue
Operating revenue$m
8,034
8,691
8,889
8,315
12,138
Other revenue$m
249
678
466
653
552
Costs non-tax
Amortisation / write-off
of exploration and development$m
561
447
401
599
591
Depreciation / depletion$m
1,310
1,357
1,396
1,419
1,770
Interest$m
432
379
400
558
584
Operating and production costs$m
1,502
2,227
2,593
2,637
3,756
Costs tax
Petroleum resource rent tax$m
899
950
986
542
1,163
Production excise, royalties and
licence fees$m
285
340
483
479
614
Income tax$m
1,218
1,509
1,398
1,078
1,381
Other taxes$m
87
86
90
91
47
Other costs (gains)$m
55
-81
-19
83
-55
Net profit after tax$m
1,934
2,155
1,627
1,491
2,800
Capital expenditure (in Australia)
Exploration / development assets$m
904
961
1,148
1,276
904
Production assets$m
1,446
1,498
2,112
3,040
1,404
Borrowings at year end$m
8,181
6,363
7,122
8,400
8,951
Shareholders' funds$m
11,601
11,778
12,936
13,823
15,545
Total assets at year end$m
25,712
24,206
26,642
29,159
32,101
Average realised price$A/bbl
24.38
26.24
24.76
23.29
31.36
Effective after-tax return on assets
employed%
9.2
9.3
7.7
6.0
10.1




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