OPERATIONS

Oil production down, gas up: APPEA

AUSTRALIAN crude oil production fell by 0.3% to 114.8 million barrels in the 12 months to June 30, 2009, compared with the previous corresponding period, according to data released by the Australian Petroleum production & Exploration Association today.

This was offset by increases in condensate (10% to 52.8MMbbl), liquefied petroleum gas (up 5.4% to 27MMbbl), liquefied natural gas (up 16.2% to 800.8 billion cubic feet) and coal seam gas production (up...

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