Oil resources Archives | Natural Capital Measurement Catalogue

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Stocks (assets)

Flows (benefits)

Units

Volume, e.g. barrels

Example methods / guidance / references

What are tiers?

Estimate using own judgement and observations

Estimate using third-party professional estimates or public data

Model or measure based on site-specific surveys/sampling, remote or in-field sensing, laboratory analysis, etc.

Example data sources

Internal records

Third-party data sources

Data on annual production of oil resources in Australia by basin are available in the latest version of Australia’s Energy Commodity Resources.

Site-specific measurements or model outputs

Notes

Work in progress - Feedback welcome

Units

Currency, e.g. A$

Example methods / guidance / references

What are tiers?

Multiply physical flow quantity by estimated monetary value per unit

Example data sources

Internal records

Third-party data sources

Site-specific measurements or model outputs

Notes

Work in progress - Feedback welcome

Units

Various

Example methods / guidance / references

What are tiers?

Estimate using own judgement and observations

Estimate using third-party professional estimates or public data

Model or measure based on site-specific surveys/sampling, remote or in-field sensing, laboratory analysis, etc.

Example data sources

Internal records

Third-party data sources

Site-specific measurements or model outputs

Notes

Work in progress - Feedback welcome

Model or measure based on site-specific surveys/sampling, remote or in-field sensing, laboratory analysis, etc.

Example data sources

Internal records

Third-party data sources

Maps showing the locations of oil fields in Western Australia and Victoria are available at the National Map – Oil and Gas Fields (for Victoria); National Map – Oil and Gas Fields (DMIRS-089) (for Western Australia). Data on quantities of oil resources in Australia by basin are available in the latest version of Australia’s Energy Commodity Resources.

Site-specific measurements or model outputs

Notes

Work in progress - Feedback welcome

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Welcome to the NCMC

Oil resources

Metric:

Quantity of environmental asset

Metric:

Quality of environmental asset

Metric:

Crude oil extracted

Metric:

Crude oil extracted - monetary value

Tier 1

Tier 2

Tier 3

Tier 1

Tier 2

Tier 3

Notes

Tier 1

Tier 2

Tier 3

Tier 1

Tier 2

Tier 3

Notes

Tier 1

Tier 2

Tier 3

Tier 1

Tier 2

Tier 3

Notes

Tier 1

Tier 2

Tier 3

Tier 1

Tier 2

Tier 3

Notes

What are tiers?

Monetary flows

Physical flows

Condition

Impact

Extent

Dependency

Quality

Quantity

Example data sources

Example methods / guidance / references

Intermediate or final

SEEA ES sub-type

SEEA ECT Class

Example target

Related framework / metric

Units

Type (Impact metrics)

Type (Env assets)

Type (Condition metrics)

Tier 3

Tier 2

Tier 1

Flows (benefits)

Stocks (assets)

Version 2.0

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