THE NETHERLANDS

(in North West Europe)

CAPITAL: AMSTERDAM

POPULATION: 17 mm

AREA (on): 41,500 km2

OIL PEAK: 1986

SUPPLY

Oil production in the Netherlands is in long term decline, albeit with brief surges as new methods to enhance recovery are installed. Onshore oil, most produced near the border with Germany, peaked in the mid-1960s and is due to jump again in 2010 with redevelopment of the Schoonebeck field. Offshore production from the North Sea peaked in 1986 with output jumping in 2002 and 2006 as the F2a field and de Ruyter fileds were developed respectively. However continued decline is forecast.

Gas from the Southern gas basin, both onshore and offshore, is very important in the Netherlands. However here too output is unable to grow as the giant onshore Groningen field nears the end of its life.

 

DEMAND

Oil consumption increased from 1996 to 2005, as did imports, but consumption is now flat or falling and will probably remain on a bumpy plateau.

After a dip that began in 2004 gas consumption is expected to increase slowly whilst exports diminish as production declines. It is likely that the Netherlands will need to begin importing gas to meet its needs by 2020.

 

 
 

 

 

This is a simple forecast - detailed forecasts including offshore and onshore, deep water splits, sedimentary basins and major fields and drilling etc. can be purchased for most countries.

 

An onshore and offshore oil and gas production, consumption and drilling activity forecast report on this country can be commissioned,

including all relevant charts. Contact us for price and contents list.

 

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