After a 15 year stop, oil extraction is to resume at the Schooneveld oil field in Drenthe province, Nos tv reports.
Drilling was halted in 1996 because the field, said to be Europe’s largest onshore oil find, was no longer profitable.
But new techniques using steam have made it possible to profitably bring up the oil, which is extremely thick.
Between 1947 and 1996, 250 million barrels of oil were extracted from Schooneveld. Over the next 25 years, experts hope the field will deliver up to 120 million barrels of oil
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