Launching the 2019 Offshore Petroleum Acreage Release

Bidding is now open for the 2019 acreage release with 64 areas available for oil and gas investment.
Aerial photo of gas production, storage and offloading facilities in the Timor Sea, off the northwestern coast of Australia.

Offshore facilities in the Ichthys gas field in the Browse Basin. Image credit: INPEX Operations Australia.

Bidding is now open for the 2019 Offshore Petroleum Exploration Acreage Release. Companies have the opportunity to bid on release areas until 5 March 2020.

The 2019 acreage release comprises 64 areas across 5 sedimentary basins offshore:

  • Northern Territory
  • Western Australia
  • Victoria
  • Territory of Ashmore and Cartier Islands

All areas will be available for a single round of work program bidding.

This will be the first release of acreage under a new streamlined system. These improvements will deliver an annual investment cycle that simplifies bidding, offers greater transparency and responds faster to market demand.

View maps, block diagrams, block listings and geological information for the 2019 acreage release.

Geoscience Australia partnered with us to provide geological information to support this release. Access Geoscience Australia’s data portal.

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