German Gas Output down 3.2% in 2019
Germany produced 6.1bn m3 of gas in 2019, down 3.2% year on year, oil and gas industry association BVEG said on March 16. Oil output also fell 9.5% to 1.9mn mt.
Among the active oil and gas producers are UK independent Neptune Energy which took over Engie's upstream assets; Canada's Vermilion Energy, Germany's Wintershall Dea and a joint venture between ExxonMobil and Shell, BEB.
Germany's proven and probable reserves were estimated at 43.6bn m3 of gas at the end of 2019, down from 50.3bn m3 a year earlier, and 28mn mt of oil, down from 29mn mt, BVEG said.
Germany's gas demand is rising as the coal and lignite plants are turned off sequentially under a government programme, and can be around 80bn m³/yr depending on carbon prices, the weather and other factors.