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The market size of the Oil and Mineral Exploration Drilling industry in Australia is $xx.xx, which is expected to grow at xx% over the next five years. Industry companies provide exploratory drilling services for oil, gas and mineral exploration and mining firms. Mining companies contract exploration drilling companies to carry out these services for greenfield mining. Many industry firms also supply drilling services for brownfield projects, but these activities are excluded from the industry.
Curious about what drives these trends? IBISWorld's Oil and Mineral Exploration Drilling in Australia industry coverage has got you covered.
Total value ($) and annual change from 2012 – 2030.
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The market size of the Oil and Mineral Exploration Drilling in Australia is $494.1m in 2025.
The market size of the Oil and Mineral Exploration Drilling in Australia decreased -5.1% in 2025.
The market size of the Oil and Mineral Exploration Drilling in Australia has declined at a -2.4% CAGR between 2020 and 2025.
See our full analysis of the Oil and Mineral Exploration Drilling in Australia to understand if the industry market size is expected to grow or decline over the next five years.