AMSTERDAM, Feb 11 (Reuters) – The Dutch NAM oil joint venture, owned by Royal Dutch Shell (RDSa.L) and Exxon Mobil (XOM.N), said on Wednesday it would start drilling at an onshore Dutch oilfield this week with production set to restart in 2010.
The Schoonebeek field, in the north eastern Netherlands close to the German border, produced 250 million barrels of oil between 1947 and 1996, but was halted because production became unprofitable.
But NAM said due to modern techniques it was ready to take another look at the field, which it hopes to run for 20-25 years from 2010 and produce between 100-120 million barrels of oil.
“In the last few weeks we have been fine-tuning, tomorrow will be the official start of the drilling,” said a NAM spokeswoman.
“We know more about the field now and where to go. With the new techniques of the new pumps it makes it altogether more profitable to go back now.”
She said that despite the recent drop in the oil price by more than 70 percent since a high of $147 reached in July, the project would still be profitable when taking a long-term view of the oil price.
She said the field, which was discovered in 1943, would supply a refinery operated by oil major BP (BP.L) in Lingen, just over the border in Germany.
She said at present NAM had no other major plans to reopen oilfields in the Netherlands but was always looking for opportunities. She said it was focusing on the Schoonebeek project, which is costing hundreds of millions of euros.
(Reporting by Catherine Hornby; Editing by Keiron Henderson)
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.














IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS:


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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.

























































