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Australian Oil advances Surat Basin restart after Emu Apple-1 stays dry

9:28am on Thursday 22nd of October, 2026 AEDT • Oil and Gas
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Australian Oil advances Surat Basin restart after Emu Apple-1 stays dry

9:28am on Thursday 22nd of October, 2026 AEDT
Key Points
  • Emu Apple-1 producing approximately 14 barrels of oil per day with zero water cut
  • Major-4 gas restart awaits field works, sales agreement and resource reporting
  • Riverslea restart preparations advance ahead of expected next-quarter works
  • California output reaches approximately 350 mcf per day at gas prices above US$3 per MMBtu
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