Wintershall Dea GmbH
About
With the merger of Wintershall Holding GmbH and DEA Deutsche Erdoel AG, two successful companies with a long tradition have formed Europe’s leading independent natural gas and oil company: Wintershall Dea. The company with German roots and headquarters in Kassel and Hamburg explores for and produces gas and oil in 13 countries worldwide in an efficient and responsible manner. With activities in Europe, Russia, Latin America and the MENA region (Middle East & North Africa), Wintershall Dea has a global upstream portfolio and, with its participation in natural gas transport, is also active in the midstream business.
Wintershall Dea stands for more than 120 years of experience as an operator and project partner along the entire E&P value chain. The company employs around 4,000 people worldwide from over 60 nations. The company plans to increase its average daily production from around 590,000 barrels of oil equivalent to a range of 750,000 to 800,000 barrels in the period between 2021 and 2023. In the medium term, an initial public offering of Wintershall Dea is envisaged.
Editor's note: Updated July 25, 2019.
Transactions
German Firm Sells Half of Vaca Muerta Shale Holdings for $140 Million
German Firm Sells Half of Vaca Muerta Shale Holdings for $140 Million
ConocoPhillips Forms Vaca Muerta Partnership With Wintershall Dea
ConocoPhillips Forms Vaca Muerta Partnership With Wintershall Dea
BASF Plans To Merge Its Oil Unit Wintershall With DEA
BASF Plans To Merge Its Oil Unit Wintershall With DEA
BASF Plans To Merge Its Oil Unit Wintershall With DEA
BASF Plans To Merge Its Oil Unit Wintershall With DEA
BASF Plans To Merge Its Oil Unit Wintershall With DEA
BASF Plans To Merge Its Oil Unit Wintershall With DEA
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News
Pitts: US Energy Pioneers, Capital Wanted for Vaca Muerta
Despite its vast potential, Argentina lacks the resources—both in capital and technical expertise—to fully tap the potential of the Vaca Muerta play.
E&P Highlights: Sept. 9, 2024
Here’s a roundup of the latest E&P headlines, with Talos Energy announcing a new discovery and Trillion Energy achieving gas production from a revitalized field.
Harbour to Close $11.2B Wintershall Dea Deal Earlier Than Expected
Harbour Energy expects to finalize the purchase of Wintershall Dea’s upstream assets in early September after initially expecting a fourth-quarter 2024 close.
Wood: Techno-Economic Assessment Helps Advance CCS Projects Off Norway
Wood said its assessments have laid the groundwork for sustainable CO2 transportation solutions, enabling the Trudvang, Luna and Havstjerne CCS projects to progress.
IOCs See Opportunity in Offshore Mexico, Despite Potential for Policy Changes
Five IOCs with offshore experience and capital—Eni, Harbour, Talos, Wintershall Dea and Woodside—continue to pursue promising opportunities offshore Mexico despite the country’s energy sovereignty push in favor of state-owned entities Pemex and CFE.
Mexico’s Zama Drama Eases, but Not Over for Talos, Other IOCs
Houston-based Talos Energy and its Block 7 consortium partners could make FID on the Zama field development sometime in the next year. But despite the importance placed on the project to secure energy security for Mexico, the consortium continues to run into headwinds.
E&P Highlights: June 24, 2024
Here’s a roundup of the latest E&P headlines, including TotalEnergies working with Nigeria to reach FID on the Ubeta gas field and Chevron signing production sharing contracts for two blocks offshore Equatorial Guinea.
DORIS Group Awarded FEED for Zama Development Offshore Mexico
A final investment decision for Zama is forthcoming and first oil production could flow in 2027.
Norway’s DNO Discovers Gas Condensate in North Sea’s Cuvette
Cuvette is the second well in DNO’s 2024 North Sea exploration program.
Transocean Announces $161MM in Contract Extensions
Three of Transocean’s harsh environment semisubmersibles have been awarded contract extensions.
Wintershall Adopts Halliburton Landmark’s UEM Subsurface Tool
Wintershall Dea is looking to implement the Unified Ensemble Modeling solution in its drilling campaign at the Maria Field in the Norwegian Sea in 2025, allowing real-time static and dynamic data.
E&P Highlights: March 4, 2024
Here’s a roundup of the latest E&P headlines, including a reserves update and new contract awards.
TotalEnergies Fénix Platform Installed Offshore Argentina
First gas from the TotalEnergies-operated project is expected in fourth-quarter 2024.
Ministry Offers 62 Licenses Offshore Norway in APA 2023
Sixteen of the new awards from the Norwegian Offshore Directorate add acreage to existing production licenses.
Activity Offshore Norway Expected to Remain Steady in 2024
The Norwegian Offshore Directorate provided updates on 2023 activity, including 14 wildcat discoveries and eight projects going online and urging exploration in frontier areas.