Austria upstream summary Report

Country Report 22 October 2024

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Report summary

A mature producer, with output in decline - Austria currently produces around 19,000 boe/d, split almost evenly between liquids and gas. This is less than half of production in 2010. Output peaked in the late 1970s, with a rebound in the 2000s thanks to operations at the large Höflein field. At present, investment at existing fields is focused on secondary and enhanced recovery techniques to manage natural decline. An increase in production in the 2020s is possible if OMV's ...

Executive summary
Key facts
Location maps
Key companies
- OMV
  - Ownership structure
- RAG
  - Ownership structure
- ADX Energy
Geology
- Introduction
- Vienna basin
  - Overview
  - Stratigraphy
  - Plays
- Molasse basin
  - Overview
  - Stratigraphy
  - Plays
- Styrian basin
  - Overview
  - Stratigraphy
Exploration
- Licensing
  - Current licences
- Drilling
  - Drilling activity
- Conventional E&A activity
  - Overview
  - Recent and future drilling
  - Historical drilling
- Unconventional E&A activity
Reserves and resources
- Reserves and resources overview
Production
- Liquids
  - Historical production
  - Recent and future production
- Gas
  - Historical production
  - Recent and future production
Infrastructure
- Introduction
- Oil infrastructure
  - Adria-Wien Pipeline (AWP)
  - Refineries
- Gas infrastructure
- Overview
- Pipelines
  - Key current pipelines
  - Transmission system operators (TSOs)
  - Planned gas pipelines
- Underground gas storage (UGS)
  - OMV-operated capacity
  - RAG-operated capacity
Costs
- Capital costs
  - Capital expenditure by location
- Operating costs
  - Operating expenditure by location
Policy and regulation
- Key legislation
- Regulatory body
- State oil company
  - OMV historical background
  - OMV current equity structure
  - OMV role
- State participation
- Licensing
Fiscal terms
- Overview
  - Upstream
  - Midstream
- Current fiscal terms
  - State equity participation
  - Carry and reimbursement
  - Bonuses, rentals and fees
  - Production royalty
  - Corporate income tax (CIT)
  - EU temporary solidarity contribution (2022-23)
  - Indirect taxes
  - Product pricing
  - 2 more item(s)...