APPEA

The Australian Petroleum Production & Exploration Association Ltd (APPEA) is the peak national body representing Australia’s upstream oil and gas exploration and production industry.

 

The Association has more than 80 full member companies, all of which are oil and gas explorers and producers active in Australia. These companies account for an estimated 98 per cent of the nation’s petroleum production. APPEA also represents more than 220 associate member companies that provide a wide range of goods and services to the upstream oil and gas industry.

 

APPEA works with Australia’s national, state and territory governments to ensure the country’s regulatory and commercial framework promotes investment and maximises the return to the Australian industry and community from developing the nation’s oil and gas resources. APPEA aims to secure conditions that enable member companies to operate safely, sustainably and profitably. The Association also seeks to increase community and government understanding of the upstream petroleum industry by publishing information about the sector’s activities and economic importance to the nation. In addition, APPEA hosts several conferences each year to exchange ideas and contribute to the development of the industry’s policy positions.

 

History

1959: The Australian Petroleum Exploration Association (APEA) is founded with leading geologist Reg Sprigg as its first Chairman.

1961: APEA holds its first conference at Melbourne’s Hotel Australia.

1977: APEA draws up a pioneering Code of Environmental Practice

1994: APEA moves its secretariat from Sydney to Canberra

1995: APEA opens its Perth secretariat branch office and changes its name to the Australian Petroleum Production & Exploration Association (APPEA).

2006: Federal Government and APPEA launch strategic plan to boost Australian indigenous oil production, increase domestic gas usage and increase LNG exports.

2006: APPEA launches new web-based Safety & Environment Alert System to enhance the rapid spread of practical safety-related information.

2008: APPEA study of Australian petroleum resources indicates Australia faces a projected $28 billion petroleum liquids trade deficit by 2017. Without major new oil discoveries the country will be only 32% self-sufficient in oil by that time.

2008: APPEA opens its Brisbane office.

2010: APPEA holds its 50^th annual conference and 50^th annual general meeting.