Groningen Gas Production Falling Faster Than Planned

by Bart Meijer
Friday, February 8, 2019

Gas production at the Groningen field in the north of the Netherlands is falling faster than planned, the Dutch government said on Friday.

Output at the field will fall to 15.9 billion cubic metres (bcm) in the year ending October 2020, the government said, which is 1.5 bcm lower than originally planned.

The Dutch government last year said it would end production by 2030 and lower it as quickly as possible in coming years, as decades of extraction have led to a series of damaging earthquakes in the region.

Demand for Groningen gas is falling as exports to Germany decline, while the Dutch increase purchases of nitrogen to mix with imported gas.

Production in the field, operated by a Royal Dutch Shell and Exxon Mobil joint venture, is set to drop to 19.4 billion cubic metres (bcm) this year, down from a 2013 peak of 54 bcm.

It is expected to fall below 12 bcm by 2022.

(Reuters, Reporting by Bart Meijer; Editing by Kirsten Donovan and Louise Heavens)

Categories: Shale Oil & Gas Government

Related Stories

Japan's Mitsui in Advanced Talks for Stake in Qatar’s North Field LNG Project

Chevron in Final Talks with Eneos, Glencore on Singapore Assets Sale

Philippines Makes First Offshore Gas Discovery in Over a Decade

Woodside to Supply LNG to JERA During Japan's Winter Peak

Fugro, PTSC G&S Extend Partnership for Vietnam's Offshore Wind Push

OceanMight Gets Petronas’ Offshore Construction Job in Malaysia

Petrovietnam Agrees First-Ever LNG Term Deal with Shell

Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens

Offshore Energy and Boosting the Energy Efficiency of Water Processes

Low Demand, High Supply Keeps Asia LNG Spot Prices Flat

Current News

Japan's Mitsui in Advanced Talks for Stake in Qatar’s North Field LNG Project

Japan’s JERA Agrees Long-Term LNG Supply from Middle East

QatarEnergy, Petronas Ink 20-Year LNG Supply Agreement

Eni Enlists Shearwater for 3D Seismic Survey in Timor Sea

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Petronas Plans Ramp-Up in Exploration, Production Over Three Years

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

MODEC, Eld Energy Partnership Targets Low-Carbon FPSO Power

JERA Lifts First LNG Cargo From Barossa Gas Project in Australia

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com