Europe / Caspian / CIS
Country profile: Austria
| Location: | Central Europe, north of Italy and Slovenia |
| Climate: | temperate; continental, cloudy; cold winters with frequent rain and some snow in lowlands and snow in mountains; moderate summers with occasional showers |
| Terrain: | in the west and south mostly mountains (Alps); along the eastern and northern margins mostly flat or gently sloping |
| Size: | 83870 sq. km total (Land area: 82444 sq. km Water area: 1426 sq.km) |
| Population: | 8,205,533 (July 2008 est.) |
| Languages: | German (official nationwide) 88.6%, Turkish 2.3%, Serbian 2.2%, Croatian (official in Burgenland) 1.6%, other (includes Slovene, official in Carinthia, and Hungarian, official in Burgenland) 5.3% (2001 census) |
| Government: | federal republic |
| Capital city: | Vienna |
| Legal system: | civil law system with Roman law origin; judicial review of legislative acts by the Constitutional Court; separate administrative and civil/penal supreme courts; accepts compulsory ICJ jurisdiction |
| Currency: | euro (EUR) |
| Licensing: |
Country profile
Since the beginning of hydrocarbon exploration in Austria, more than 4,400 wells have been drilled; the deepest reaching 8533 m. In addition, extensive geophysical surveys have been conducted. Cumulative Austrian production is equal to 108,5 MM tonnes of oil and 72.1 Bm3 of gas.
The most important hydrocarbon provinces of Austria are the Vienna basin, the Molasse Zone and the Northern Alps. The first of these areas, the intramontane Vienna Basin, has produced by far the largest volumes of hydrocarbons and also provided Austria's earliest production.
Energy production and consumption
| Oil | Gas | |
| Production: | 23,320 bbl/day (2005) | 1 billion cu m (2005) |
| Consumption: | 295,100 bbl/day (2005) | 9 billion cu m (2005) |
| Exports: | 34,680 bbl/day (2005) | 936 million cu m (2005) |
| Imports: | 157,500 bbl/day (2005) | 9 billion cu m (2005) |
| Reserves: | 62 million bbl (1 January 2006 est.) | 14 billion cu m (1 January 2006 est.) |
| Major fields: |
Austria - recent news
| 27 Mar 25 |
Austria: bp plans to sell its mobility & convenience business in Austria bp has announced its intention to sell its mobility & convenience business in Austria. Potential sale includes all bp’s Austrian retail sites, EV charging assets, the associated fleet business of bp in Austria and bp’s share in the company operating the Linz terminal NOJV. |
| 06 Jun 24 |
Austria: Vestas wins 68 MW order in Austria Vestas has received a 68 MW order from ImWind Erneuerbare Energie GmbH for a wind power project in Loidesthal, Austria. The order is an extension of the existing Loidesthal wind project that consists of eight V126-3.45 MW turbines. Turbine delivery is expected to begin in 2025 with commissioning scheduled for completion in the first quarter of 2026. |
| 21 May 24 |
Austria: Vestas secures 84 MW repowering order in Austria Vestas has received an 84 MW order from BE Energy, a subsidiary of Burgenland Energie, to repower a part of the Neusiedl-Weiden wind energy project in Austria. Turbine delivery is expected to begin in the second quarter of 2025 with commissioning scheduled for completion in the fourth quarter of 2025. |
| 18 Mar 24 |
Austria: ADX Energy's Welchau-1 well discovers condensate rich gas ADX Energy has advised that the Welchau-1 well has encountered 115 metres liquids rich gas column within the primary target 'Steinalm Formation' at a depth between 1452 metres and 1567 metres measured depth (MD). The Steinalm Formation intersected in Welchau is the same zone that flowed condensate rich gas in the nearby Molln-1 well at a rate of 4 MMSCFPD in 1989. |
| 11 Mar 24 |
Austria: ADX Energy provides Welchau gas exploration well update ADX Energy has advised that the Welchau-1 gas exploration well reached a depth of 1028 metres on the March 10 and is drilling ahead in the Lunz Formation. The Welchau gas prospect has exceptional gas resource potential, located in the heart of Europe at a relatively shallow drill depth and proximal to gas pipelines. ADX estimates that Welchau has best technical Prospective Resources of 807 BCFE (134 MMBOE). |
Austria - more news
Other countries in this region
- Afghanistan,
- Albania,
- Armenia,
- Azerbaijan,
- Belarus,
- Belgium,
- Bosnia and Herzegovina,
- Bulgaria,
- Croatia,
- Cyprus,
- Czech Republic,
- Denmark,
- Estonia,
- Faroe Islands,
- Finland,
- France,
- Georgia,
- Germany,
- Greece,
- Greenland,
- Hungary,
- Iceland,
- Ireland,
- Italy,
- Kazakhstan,
- Kyrgyzstan,
- Latvia,
- Lithuania,
- Luxembourg,
- Malta,
- Moldova,
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- Netherlands,
- Norway,
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- Romania,
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- Slovenia,
- Spain,
- Sweden,
- Switzerland,
- Tajikistan,
- Tatarstan,
- Turkey,
- Turkmenistan,
- Ukraine,
- United Kingdom,
- Uzbekistan
