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HUNGARY
Eastern Europe
Hungary has a typical oil production profile for the
European countries, well into depletion despite concerted efforts at EOR
in the mature oilfields and increases in liquids production from gas
fields.
At one time Hungary was also a significant non-associated
gas producer. National oil company, MOL, is striving to maintain
production rates but its fields are mostly depleted with only a few new
satellites coming onstream to stem the rapid decline. There are a few
unexplored areas of the country.

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CAPITAL
Budapest
Population
10.0 million
Onshore area
(000's sq kms)
93.0
Offshore area
(000's sq kms)
NEW
OIL PEAK YEAR
1982
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