Wintershall Dea has entered into an settlement with RDG GmbH & Co. to promote its operated collaborating pursuits in sure oil concessions primarily situated in Southern Germany. The concessions embrace Aitingen (Wintershall Dea’s curiosity: 33.33%), Schwabmuenchen (100%), Lauben/Bedernau (50%) and Hebertshausen (100%), all situated in Bavaria, in addition to the Landau concession (66.67%) in Rhineland-Palatinate, the Tannheim/Engelsberg concession (50%) in Baden-Württemberg, and the Suderbruch concession (100%) in Lower Saxony. The licences contribute about 1,000 barrels of oil equal per day to Wintershall Dea’s manufacturing, roughly two per cent of Wintershall Dea’s each day manufacturing in Germany.
RDG, headquartered in Hanover, emerged as an unbiased firm in 2018 from the German subsidiary of RAG Austria AG, an oil and fuel firm steeped in custom, and already acts as operator in concessions in Lower Saxony and Bavaria. “As a rising firm, we specialise within the additional growth and optimisation of manufacturing at current oil and fuel fields”, says Felix Lerch, Chief Executive Officer of RDG. “Our aim is to align current growth websites in the direction of sustainable, environmentally pleasant manufacturing, together with potential subsequent utilization with renewable energies and full ecological restoration.”
For greater than 60 years, Wintershall Dea has been energetic within the area surrounding Landau within the Southern Palatinate, the place manufacturing commenced again in 1955. Around 20,000 tonnes of oil a 12 months are produced from depths of as much as 1,800 metres from one of many largest crude fields within the Rhine Rift Valley. Wintershall Dea has been producing crude oil on the Aitingen web site, south of Augsburg, for 4 a long time: a complete of greater than 1.5 million tons since 1979. Aitingen is by far the biggest crude oil-producing facility within the foothills of the Alps.
(Source and picture: Wintershall/Wintershall pumpjacks in southern Germany)

The publish WINTERSHALL DEA DROPS CONCESSIONS IN SOUTHERN GERMANY appeared first on Energy Global News.

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