Combining licences avoids the need to assign costs and revenues to individual production licences.

We ensure that Australian manufacturers, electricity generators, businesses and households have sufficient supplies of natural gas.

The Australian Government releases oil and gas exploration areas in Australian Commonwealth waters each year. Companies can nominate and bid for these areas.

Companies must meet requirements when bidding for permits, exploring or developing permit areas.

We regulate offshore oil and gas activities in Australian Commonwealth waters. 

We develop policy, regulations and interventions to support Australia’s oil and gas industry and supply.