ONS: Firm increases Brage field production 13-fold

The newly-formed Wintershall DEA will operate in 13 countries
The newly-formed Wintershall DEA will operate in 13 countries

The boss of Wintershall’s Norwegian business is very bullish about the ability of the NCS to deliver for the group.

Bernd Schrimpf, managing direvtor of Wintershall Norge, said on Wednesday at a briefing that Norway had become especially important to the group’s plans.

The biggest milestone so far is a partnership that it entered with Statoil in 2012 through an assets deal.

Wintershall took over the operatorship of the Brage field last year, at a stroke increasing its daily production in Norway thirteenfold to 40,000 barrels of oil equivalent.

“We will continue resolutely on our growth course in Norway and already have our sights set on the next target of 50,000 barrels per day by 2015,” said Schrimpf.

“The company plans to achieve this production target with the fields Knarr and Edvard Grieg, amongst others, which are currently being developed, and in which Wintershall holds working interests.

“We are paying particular attention to the Wintershall-operated fields.

“We already launched an investment program for the exploration and development of our discoveries in Norway by 2015 worth up to €2billion.

“And we are sticking to it.”