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Natural resources and geothermal energy in the Netherlands

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Natural resources and geothermal energy in the Netherlands ( natural-resources-and-geothermal-energy-the-netherlands )

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2. OILRESOURCES As at 1 January 2013 there are 46 proven natural oil accumulations in the Netherlands, one more than last year (table 9); Wintershall discovered an oil accumulation in block F17. According to the first estimations by Wintershall it concerns a substantial find. The actual volume will have to be appraised by further drilling in 2013. At present, 15 of these accumulations are producing. All accumulations are listed in annex 1, sorted by status and stating operator and licence. Table 9. Number of proven oil accumulations as at 1 January 2013 Status of oil accumulations I. Developed Producing II. Undeveloped a. start of production 2013-2017 b. others III. Production ceased Ceased Total Oil resources as at 1 January 2013 Onshore Continental Shelf Total 4 11 15 0 123 8 12 20 808 21 25 46 The reserve estimates for developed accumulations are based on the figures and information submitted in accordance with the Mining Act. Starting this year the resource reporting is according to the Petroleum Resources Management System (PRMS, see chapter 1 for further explanation). Below the reserves (that part of resources which is commercially recoverable and has been justified for development by the operators) and the contingent resources (these are resources that are potentially recoverable but not yet considered mature enough for commercial development) are reported. Because the resource classification is project based, both reserves and contingent reserves can be present within one accumulation. The total resources add up to 48.1 million Sm3 consisting of 23.8 million Sm3 oil reserves and 24.3 million Sm3 contingent resources (table 10). 3 Table10.DutchoilreservesinmillionSm asat1January2013 Reserves Contingent resources Total Area T erritory Continental Shelf T otal 26 17.7 23.7 41.4 6.1 0.6 6.7 23.8 24.3 48.1

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