Country report
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23 Pages

Austria upstream summary

Austria upstream summary

Report summary

Most oil and gas fields in Austria are mature and operators are managing natural decline by applying enhanced recovery techniques, such as water flooding and gas and polymer injection. Hydrocarbon exploration and production has primarily focused on the intra-montane Vienna, Molasse and Styrian Basins. Exploration began in the 1930s with shallow wells being drilled in the Vienna Basin. RAG made its first oil discovery in the Vienna Basin in 1937. In 1949, one of the predecessors to OMV, ...

What's included?

This report includes 2 file(s)

  • Country Overview PDF - 1.20 MB 23 Pages, 8 Tables, 10 Figures
  • Country Overview XLS - 283.50 KB


Volatility in oil markets has led players in the upstream oil and gas industry to focus on reducing capital spend and operating costs. At the same time, governments need to review fiscal terms to maintain attractiveness and investment.

This country report gives an overview of the key upstream issues for this country. If you’re interested in identifying and assessing upstream investment and expansion opportunities, this upstream summary is your definitive commercial guide.

Potential investors, governments and companies in the oil and gas sector can use it to gain a better understanding of the critical issues for development opportunities in this country.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research. Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in commercial data and analysis.

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
  • Geology
    • Geology Introduction
      • Vienna Basin
      • Molasse Basin
      • Styrian Basin
  • Exploration
    • Licensing
    • Drilling
      • Drilling activity
      • Success rates
      • Future drilling plans
      • Unconventional Gas Potential
  • Reserves and resources
  • Production
    • Oil/liquids
      • Oil
    • Gas
  • Infrastructure
    • Introduction
    • Oil infrastructure
    • Gas infrastructure
      • Gas Storage
    • Proposed future gas pipelines
      • South Stream - FID taken November 2012; project cancelled December 2014.
      • Nabucco - suspended June 2013
  • Costs
    • Introduction
  • Policy and regulation
    • Key legislation
    • Regulatory body
    • State oil company
    • State participation
    • Licensing
  • Fiscal terms
    • Overview
      • Mid/Downstream
      • Upstream
    • Current fiscal terms
      • Concessions and Licences
      • State equity participation
      • Participation rate
      • Carry and Reimbursement
      • Bonuses, rentals and fees
      • Depreciation
      • Signature bonuses
      • Area Rentals
      • Training Fees
      • Import/export duties
      • Social development levies
      • Production Royalty
      • Corporate Income Tax
      • Indirect Taxes
      • Sample Cash Flow

In this report there are 18 tables or charts, including:

  • Executive summary
  • Key facts
    • Key facts: Table 1
  • Location maps
    • Austria Map
  • Key companies
    • Remaining Commercial and Technical Reserves at 01/01/2016
    • Liquids and Gas Production 2015
  • Geology
    • Geological Basins in Austria
  • Exploration
    • Map
  • Reserves and resources
    • Reserves and resources: Table 1
    • Remaining and Produced Liquids and Gas Reserves
  • Production
    • Production: Table 1
    • Production: Table 2
    • Liquids Production by Operator
    • Production: Table 3
    • Production: Table 4
    • Gas Production by Operator
  • Infrastructure
    • Oil Infrastructure Map
    • Gas Infrastructure Map
  • Costs
  • Policy and regulation
  • Fiscal terms
    • Fiscal terms: Table 1
    • Fiscal terms: Table 2
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