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Natural Gas Reserves in North Sea Region
- By Oil and Gas Author
- Published 09/4/2006
- Offshore Drilling , Oil and Natural Gas Prices , Environment and Pollution , Liquefied Natural Gas LNG , Exploration and Discoveries , Natural Gas Petroleum
- Unrated
Denmark
Danish Natural Gas production has steadily increased over the last three decades, reaching 280 Bcf in 2003. More than a quarter of the countrys production is re-injected to boost Oil production, according to the Danish Energy Authority (DEA).
The Netherlands
In 2003, natural gas production in the Netherlands was 2.6 Tcf. Natural gas production in the country has declined, not due to natural factors, but rather government policy. The Netherlands has passed the Natural Gas Law, which caps natural gas production at 2.68 Tcf per year between 2003-2007, with this ceiling dropping to 2.47 Tcf between 2008-2013. The government made this policy decision to cut back production in order to maintain reserves for future use. According to the Dutch Ministry of Economic Affairs, Dutch natural gas production will continue to remain steady or slightly decline through 2014.
The onshore Groningen field, located in the north-east of the country, accounts for about one-half of total Dutch natural gas production, with remaining production spread across small fields both onshore and in the North Sea. The largest offshore field is K15. Nederlandse Aarodolie Maatschappij (NAM), a consortium of ExxonMobil and Royal Dutch Shell, operates both K15 and the Groningen field.
Germany
Germany produced 785 Bcf of natural gas in 2003. Nearly all of Germanys natural gas production is located onshore. The country does have one offshore natural gas field, A6-B4, located in the German sector of North Sea, which began production in 2000. The largest natural gas producer in Germany is BEB, a consortium of Royal Dutch Shell and ExxonMobil, which controls half of the countrys domestic natural gas production.
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