SAYS HUNGARIAN OIL WELL NEAR EXHAUSTION AS RESULT OF GERMAN, SOVIET EXPLOITATION

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80-00809A000700050589-2
• Release Decision: RIPPUB
• Original Classification: R
• Document Page Count: 2
• Document Creation Date: December 22, 2016
• Document Release Date: September 22, 2011
• Sequence Number: 589
• Publication Date: April 16, 1952
• Content Type: REPORT

Sanitized Copy Approved for Release 2011/09/23: CIA-RDP80-00809A000700050589-2
CLASSIFICATION RESTRlcTED
CENTW IN U' ffi AGcNCY
INFORMATION FROM REPORT
FORRION DOCUMEP OR RADIO OROADCARg Co 1:0.
COUNTRY Hungary
PUBLISHED Daily, irregular newspapers
WIRE
PUBLISHED Hamburg; Budapest
DATE
PUBLISHED 16 Mar 1950, 5 an 1952
LANGUAGE German; Hungarian
Newspapers as indicated.
DATE DIST. Ib Apr 1952
No' OF PAGES 2
SUPPLEMENT TO
REPORT NO.
THIS IS UNEVALUATED INFORMATION
SAYS HUNGARIAN OIL
RBBULT 0? GSRMANB ffiAf~TIOA
E>0?IAITATION
BEES INCRSABE IN PRODUCTION ONLY WITH NEW DISCOVAiiBg --
Weit-unWirtochaftaMar
Hamburg, Hemburgischee
g _50Archiv, undated Zrnformation based on data
,
16
Zeit from Neue Zurcher e
hless
itation of resulted inta decreaseoin petroleum productiont~levm resources by the Geraaas
According to figures issued by the National Planning again started to increase in 1949, exceeding 1948 fi by Office
gures eroenttiod
amounting to 11.7 times the 1938 output. the fact 3.6
remains that and
in 1949 petroleum production lagged Rower, the frresults tach at even
previous years. On the basis of recently d figu es) production w in
484,000 tons for 1948 and recently released figures, production was
been 570,000 tons 503,000 tons for 1949, while in 1947 production had
to one million toned' shortly before the retreat of the German troops close
The following table shows petroleum production figures for
Hungary the end of World War II. For comparison, figures for 1938 and 14 of highest productivit since
Y -- are also given. 9 3 -- the year
Hungarian Petroleum Production
(in 1,000 tons)
1938
1943
43
1
4
839
1947
9
5
1946
655
1948
570
685
1949
503
Sanitized Copy Approved for Release 2011/09/23: CIA-RDP80-00809A000700050589-2
STAT
 Sanitized Copy Approved for Release 2011/09/23: CIA-RDP80-00809A000700050589-2
apply uneconomical exploitation methods, even though d 90 verguthe continued to
G@ occlupa
errMan
tion the fields had been overtaxed and the installations needed ov
-
hauling.
Consequently, the old wells are gradually approaching exhaustion. The latest
production increase 1s probably due to new wells. However, the productivity
of these wells does not seem to be up to the-expectations of the Hungarian
goverment. In the future, an appreciable increase in Hungarian petrolew
production can be achieved only if new and richer fields are discovered and
developed.
ANNOUNCE PRICES FOR VARIOUS GASES -- Budapest, Tervgazdasagi Ertesito,
5 Jan 52
Decree No 500,002/1952 of the president of the Rational Planning Office
lists prices for liquid gas, natural gas, and propane-butane delivered by
pipeline or in containers for other than household consumption. The decree
vent into effect on I January 1952.
Sanitized Copy Approved for Release 2011/09/23: CIA-RDP80-00809A000700050589-2
STAT