Metric:
Quantity of environmental asset
Metric:
Quality of environmental asset
Metric:
Crude oil extracted
Metric:
Crude oil extracted - monetary value
Units
Example methods / guidance / references
What are tiers?
Tier 1
Estimate using own judgement and observations
Tier 2
Estimate using third-party professional estimates or public data
Tier 3
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
Last updated: 15th October 2024
Units
Example methods / guidance / references
What are tiers?
Tier 1
Multiply physical flow quantity by estimated monetary value per unit
Tier 2
Multiply physical flow quantity by estimated monetary value per unit
Tier 3
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
Last updated: 15th October 2024
Units
Example methods / guidance / references
What are tiers?
Tier 1
Estimate using own judgement and observations
Tier 2
Estimate using third-party professional estimates or public data
Tier 3
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
Last updated: 15th October 2024
Units
Example methods / guidance / references
What are tiers?
Tier 1
Estimate using own judgement and observations
Tier 2
Estimate using third-party professional estimates or public data
Tier 3
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
Last updated: 9th October 2024