OMV starts production at Austria’s largest gas discovery in 40 years

Key highlights
  • OMV starts gas extraction at the Wittau field; first phase to develop 11 TWh (~1 billion standard m³) with deliveries planned for winter 2026/27.
  • Total recoverable resources estimated up to 48 TWh (~4.2 billion standard m³) and full development could double OMV’s gas production in Austria.
  • Investments to date total EUR 150 million (≈EUR 70 million drilling, EUR 80 million infrastructure), creating local value and jobs.
  • Following an investment decision expected in early 2025, production is scheduled to start in Q2 2026.

Project status

OMV has begun gas extraction at the Wittau well in Austria, which was discovered three years earlier; the start was marked by national and regional officials.

Volumes & timeline

The first phase will develop about 11 TWh (~1 billion standard m³) with deliveries planned for winter 2026/27; following an investment decision expected in early 2025, production is scheduled to start in Q2 2026.

Resources & scale

Total recoverable resources are estimated up to 48 TWh (~4.2 billion standard m³); full development could double OMV’s gas production in Austria.

Investment & local impact

Investments to date total ~EUR 150 million (≈EUR 70 million drilling, EUR 80 million infrastructure); OMV cites further investment potential of roughly EUR 500 million subject to market conditions, with local jobs and technical activity tied to the project.