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

ABS Backs Hanwha Ocean’s Standardized FPSO Design

Saipem Bags Commissioning Contract for Türkiye-Bound FPU

Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations

Strait of Hormuz Shipping Marks Slight Rise

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

McDermott Gets ADNOC’s ‘Mega Contract’ to Advance Umm Shaif Field

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

Mermaid Maritime Expands Into US Offshore Market

Fugro Secures India Deepwater Drilling ROV Contract

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Current News

SED Energy Holdings and Ventura Offshore Set to Combine Ops

Asia's Oil Industry Braces for Prolonged Hormuz Disruption

Petronas Awards Estuary Cluster PSC to Harvester Energy

ABS Backs Hanwha Ocean’s Standardized FPSO Design

Larsen & Toubro Adds Major ONGC Offshore Project to Orderbook

Energean’s Profit Rises as Israeli Gas Operations Recover

Saipem Bags Commissioning Contract for Türkiye-Bound FPU

Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations

Petronas Turns to AI to Accelerate Upstream Investment

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

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