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
| 21 Jul 26 |
Austria: bp agrees sale of Austrian mobility & convenience and EV charging businesses to volenergy AG bp has reached an agreement to sell its mobility, convenience and electric vehicle (EV) charging businesses in Austria to volenergy AG. The transaction supports bp’s plan to become a simpler, stronger and more valuable company, and reflects its continued focus on disciplined capital allocation. |
| 14 Jul 26 |
Austria: OMV receives EUR 450 mn loan from the European Investment Bank for its 140 MW green hydrogen production facility The European Investment Bank ('EIB') has granted a EUR450 million loan to support the construction of OMV’s green hydrogen production plant, which is set to significantly contribute to the decarbonization of the Schwechat refinery in Lower Austria. |
| 05 Jul 26 |
OMV and Energie Steiermark join forces in Deep Geothermal Energy OMV and Energie Steiermark are partnering to advance deep geothermal energy in Styria and actively drive forward the heat transition. At a joint event, the two companies presented 'Tiefenkraft', a joint project by OMV and Energie Steiermark, an initiative to assess the region’s geothermal potential. |
| 18 May 26 |
Austria: OMV starts production of Austria’s largest natural gas discovery in 40 years OMV has announced the start of gas extraction from the Wittau well, in Austria. Discovered three years ago, Wittau is OMV’s most important gas find in recent decades. |
| 20 Apr 26 |
Austria: ADX spuds HOCH-1 shallow gas well in Upper Austria The Hochfeld-1 ('HOCH-1') shallow gas exploration well commenced drilling on 16th of April 2026. The HOCH-1 shallow gas exploration well is located in the ADX-AT-I exploration licence in Upper Austria. The well will target highly productive shallow gas reservoirs within Miocene aged sandstones of the Hall formation. The HOCH prospect has a Mean Prospective Resource potential of 8.0 BCF and a High Case Prospective Resource of 17.3 BCF. |
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,
- Montenegro,
- Netherlands,
- Norway,
- Poland,
- Portugal,
- Romania,
- Russia,
- Serbia,
- Slovakia,
- Slovenia,
- Spain,
- Sweden,
- Switzerland,
- Tajikistan,
- Tatarstan,
- Turkey,
- Turkmenistan,
- Ukraine,
- United Kingdom,
- Uzbekistan
