Country report
Austria upstream summary
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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 contains
Table of contents
- Executive summary
- Key facts
- Location maps
- Key companies
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Geology
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Geology Introduction
- Vienna Basin
- Molasse Basin
- Styrian Basin
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Geology Introduction
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Exploration
- Licensing
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Drilling
- Drilling activity
- Success rates
- Future drilling plans
- Unconventional Gas Potential
- Reserves and resources
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Production
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Oil/liquids
- Oil
- Gas
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Oil/liquids
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Infrastructure
- Introduction
- Oil infrastructure
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Gas infrastructure
- Gas Storage
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Proposed future gas pipelines
- South Stream - FID taken November 2012; project cancelled December 2014.
- Nabucco - suspended June 2013
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Costs
- Introduction
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Policy and regulation
- Key legislation
- Regulatory body
- State oil company
- State participation
- Licensing
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Fiscal terms
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Overview
- Mid/Downstream
- Upstream
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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
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Overview
Tables and charts
This report includes 18 images and tables including:
Images
- Austria Map
- Remaining Commercial and Technical Reserves at 01/01/2018
- Liquids and Gas Production 2015
- Remaining and Produced Liquids and Gas Reserves
- Map
- Gas Production by Operator
- Oil Infrastructure Map
- Gas Infrastructure Map
- Geological Basins in Austria
- Liquids Production by Operator
Tables
- Key facts: Table 1
- Reserves and resources: Table 1
- Production: Table 3
- Production: Table 4
- Production: Table 1
- Production: Table 2
- Fiscal terms: Table 1
- Fiscal terms: Table 2
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