The NT is prospective for both conventional and unconventional hydrocarbons in a number of sedimentary basins in both the onshore and offshore. This includes large onshore shale gas resources that are currently under exploration. Whilst the NT's onshore basins are prospective, they all remain underexplored by world standards.
View additional information on the NT's onshore basins and petroleum potential and an overview of current exploration activity.
The NT owns all onshore and within the coastal waters petroleum resources. The Department of Industry, Tourism and Trade administers and regulates petroleum tenure and activities in these areas. This includes petroleum resource exploration and development and the construction and operation of oil and gas facilities and transmission pipelines.
Updates on the implementation of the recommendations from the inquiry, and changes to the regulatory framework for petroleum exploration and production can be found at the NT Government's onshore gas website.