Wintershall appearing at the ADIPECOwn stand at the largest oil and gas conference in the Middle East region / Greater upstream commitment in the region planned / Wintershall has technologies for more efficiently using oil and gas reserves
Kassel/Abu Dhabi. About 50 percent of the worldwide oil and gas reserves can be found in the Middle East, which as a region is also becoming increasingly important for Wintershall: since 2010, the company has been systematically expanding its presence in the Gulf region and is also appearing at this year's ADIPEC, the “Abu Dhabi International Petroleum Exhibition and Conference”. From 10 to 13 November 2014, Germany’s largest international oil and gas producer will be showcasing its activities and currently most important research project made in Germany, the Schizophyllan biopolymer, at its own stand (Hall 6, Stand 6236). Developed together with BASF, this biodegradable biopolymer is designed to increase the oil extraction rates from reservoirs. The demand for solutions which are utilising oil and gas reserves more efficiently is also increasing in the Middle East. Rainer Seele, Chairman of Wintershall, is convinced: “We have the know-how and the technology to present ourselves as an attractive partner in the region.”
Wintershall expanding its activities in the United Arab Emirates
With its participation in the ADIPEC, Wintershall is underlining the special importance of the Middle East for the company’s strategic orientation. Wintershall has been increasingly active in the region for several years now and is planning to expand its upstream activities there. For this purpose, in 2010 the company opened a regional representative office in Abu Dhabi. In June 2012, Wintershall signed an agreement with the Abu Dhabi National Oil Company (ADNOC) and the Austrian OMV company regarding the technical appraisal of the Shuwaihat sour gas and condensate field. As the operator, Wintershall is relying on its extremely high HSE standards and more than 40 years of experience in the safe development and production of sour gas fields.
Experts presenting important EOR research project
In particular, Wintershall is deploying sophisticated and new technologies to increase the yield from oil deposits. In this regard the company has a decisive advantage in the race for technological innovation: as a 100 percent subsidiary of BASF – the world's leading chemical company – Wintershall is able to develop many innovations together with its parent company. The Schizophyllan biopolymer is currently the most important research project. The biopolymer, which is produced by a fungus, thickens water that is then injected into the reservoir to improve the oil production. This promises an effective and environmentally friendly use of more mature oil fields. It is currently being tested in an oil field in northern Germany. This research project will be graphically presented by the Wintershall experts directly at the trade fair stand with a remarkable walk-in display.
The Wintershall technology has considerable potential: until now only one third of the available oil is ever extracted from the worldwide reservoirs. However, if enhanced oil recovery (EOR) were to be used to increase the global production rate by just 10 percent, this would create a potential corresponding to four times the reserves in Saudi Arabia. At the moment, though, EOR technologies only contribute to about 1.5 percent of the global oil production, whereby the world's largest output is currently provided by steam flooding that heats oil using hot steam. Wintershall has also been successfully applying this process for more than 30 years in Germany.
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Wintershall presentations at the ADIPEC
Tuesday, 11 November 2014, 9:00 – 11:00, Hall A
“Executive Plenary Session II: Technology and Sustainability”
Participating: Rainer Seele, Wintershall Chairman
Thursday, 13 November 2014, 13:00, ADNOC stand
“Rise of unconventional gas: Gift or threat”
Participating: Uwe Salge, Head of Wintershall activities in the Middle East
Monday, 10 November 2014, 14:00 – 16:00, Capital Suite 13
Session 16: Drilling and completion technology: well delivery
14:00: “Applications of Wintershall’s Drilling Complexity Index (DCI) in the well delivery process”
Participating: J.H. Schamp, Wintershall
Tuesday, 11 November, 9:00 – 11:00, Capital Suite 7
Session 19: Field development: New technologies and research & development – IOR/EOR
10:00: “Polymer flooding with the Schizophyllan biopolymer: Results from the first year of field testing”
Participating: B. Ernst, B. Leonhardt, A. Steigerwald, S. Reimann, O. Ogezi, Wintershall Holding; F. Lehr, BASF SE
Tuesday, 11 November 2014, 11:30 – 13:30, Capital Suite 3
Session 26: Field development: Field development and risk management
12:30: Life of field reservoir surveillance and optimisation using cased hole log measurements
Participating: E.A. Kaawan, Wintershall
Wednesday, 12 November 2014, 15:00 – 17:00, Capital Suite 7
Session 56: Field development: Production optimisation of mature fields
ePoster Station: Tail-end oil assets revitalisation using innovative artificial lift optimisation strategy
Participating: V. Elichev, Wintershall
Thursday, 13 November 2014, 14:00 – 16:00, Hall A
Panel Session 8: Improving the hydrocarbon recovery factor: Why and how
Participating: Martin Bremeier, Wintershall
Wintershall Holding GmbH, based in Kassel, Germany, is a wholly-owned subsidiary of BASF in Ludwigshafen. The company has been active in the extraction of natural resources for 120 years, and in the exploration and production of crude oil and natural gas for over 80 years. Wintershall focuses on selected core regions where the company has built up a high level of regional and technological expertise. These are Europe, Russia, North Africa, South America, and increasingly the Middle East region. The company wants to expand its business further with exploration and production, selected partnerships, innovation and technological competence. The company employs more than 2,500 staff worldwide from 40 nations and is now Germany’s largest crude oil and natural gas producer.
Wintershall. Shaping the future.