Latest Oil And Gas Production News

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Beach Energy’s Q2 FY26 report reveals a 9% production decline amid Otway Basin slowdowns, offset by flood recovery and the Waitsia Gas Plant ramp-up, with sales revenue down 17% to $445 million.
Maxwell Dee
Maxwell Dee
21 Jan 2026
Jupiter Energy reported steady oil production and US$1.6 million in domestic sales for Q4 2025, while completing integration of its West Zhetybai oilfield into a regional gas utilisation network.
Maxwell Dee
Maxwell Dee
19 Jan 2026
Bass Oil reported steady December production with a notable gas sales agreement for the Vanessa field, signaling a strategic shift towards gas commercialization.
Maxwell Dee
Maxwell Dee
16 Jan 2026
Central Petroleum has secured strategic interests in the Cooper and Otway Basins through binding agreements with ADX Energy, setting the stage for a multi-million dollar expansion and planned drilling campaigns in 2026 and 2027.
Maxwell Dee
Maxwell Dee
22 Dec 2025
Bass Oil reported a 2% rise in November oil production alongside a new gas sales agreement with Origin Energy, setting the stage for first gas sales in 2026. Indonesian operations also advanced with production enhancements and upcoming drilling plans.
Maxwell Dee
Maxwell Dee
19 Dec 2025
Cue Energy Resources and partners have signed a Letter of Intent with the Northern Territory’s Power and Water Corporation to kickstart a four-well drilling program at Mereenie and Palm Valley, aiming for gas supply contracts through 2034.
Maxwell Dee
Maxwell Dee
15 Dec 2025
Finder Energy has completed the acquisition of the Petrojarl I FPSO, gaining full control of vital infrastructure for the Kuda Tasi and Jahal project and setting the stage for a Final Investment Decision by mid-2026.
Maxwell Dee
Maxwell Dee
15 Dec 2025
Bass Oil Limited reported a 32% jump in October sales revenue alongside a 4% rise in daily production, while advancing its strategic Vanessa gas field acquisition targeting first gas sales in the second half of 2026.
Maxwell Dee
Maxwell Dee
19 Nov 2025
Winchester Energy has commenced production from its Varn JVU-5 well in Texas, marking a significant step in its waterflood project with an initial oil output of 25 barrels per day.
Maxwell Dee
Maxwell Dee
14 Nov 2025
Australian Oil Company Limited reports stronger gas production in California’s Sacramento Basin and an $800,000 capital raise to advance new ventures and operational upgrades.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Stonehorse Energy reported steady production and revenue growth in Q3 2025, driven by strong Canadian operations, while advancing a new drilling farm-in in Alberta.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Winchester Energy reported a slight dip in production but secured a strategic 30% farm-out deal for its Varn waterflood project, alongside significant board restructuring.
Maxwell Dee
Maxwell Dee
31 Oct 2025