Oil and gas companies in Australia are concerned their services sector is not ready to meet demand as an unprecedented $250 billion capital investment boom draws to a close, to be replaced by a steep ramp-up in production. With Australia's lack of cost competitiveness an overarching concern and industry displeased at the lack of Abbott Government industrial relations reform a key survey revealed oil and gas operators were far from bullish about the services sector's readiness to deal with the massive increase in project operations.