Advertise On EU-Digest

Annual Advertising Rates

1/9/12

The Netherlands: NAM finds major gas reserves in north-eastern Friesland

The Nederlands Oil Exploration company (NAM) has discovered a major new natural gas reserve in the north east of Friesland, the oil and gas company said on Monday,

The reserve is thought to contain some four billion cubic metres of gas at a dept of 3.9 kilometres underground. Four billion cubic metres is equivalent to the annual usage of 2.5 million households.

NAM hopes to start extracting the gas in the summer. The field, close to the village of Ee, has been named Metslawier-zuid and is sandwiched between two other major reserves.

Despite being the biggest find since 1995, the Mestlawier-zuid field is nowhere near the size of the massive Slochteren gas field. It was discovered in 1959 and in 2009 had reserves estimated at 2,700 billion cubic metres.

For more: DutchNews.nl - NAM finds major gas reserves in north-eastern Friesland

No comments: