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

CIP, Petrovietnam Team Up for Offshore Wind Project in Vietnam

PXGEO Nets First Seismic Survey off Malaysia

Shipbuilder Delivers Fast Crew Boat Pair to Aesen

Norwegian Oil Investment Will Peak in '25

Inpex Picks FEED Contractors for Abadi LNG Onshore Plant

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

China Starts Production at Major Oil Field in Bohai Sea

China Rolls Out 17MW Floating Wind Turbine Prototype

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

Current News

CIP, Petrovietnam Team Up for Offshore Wind Project in Vietnam

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG

EnQuest Enters Indonesia with Operatorship PSCs for Two Exploration Blocks

PXGEO Nets First Seismic Survey off Malaysia

SPE Offshore Europe 2025 set to drive transformational change for the energy sector

Shipbuilder Delivers Fast Crew Boat Pair to Aesen

Norwegian Oil Investment Will Peak in '25

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

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