Press releases & news

DEA Deutsche Erdoel AG is planning deviated extensions of two already existing wells. The deviations in the two production wells Völkersen-Nord Z6 and Völkersen-Nord Z4a are intended to develop reserves of natural gas located at a depth of around 5,000 metres. The deviations are to be drilled from the existing production sites near Grasdorf. The drilling rig required for the task is scheduled to be put in place in June. The existing wells will be deviated deep underground. The Völkersen-Nord Z4a project was already presented to the local stakeholders back in September 2015. DEA is now resuming the planning and will use the company's own T-160 drilling rig for both deviation wells.

DEA is ready to invest in the future of the Njord area in the Norwegian Sea. The partnerships in the licences Njord and Bauge have submitted the plans for the development projects to the Norwegian Minister of Petroleum and Energy, Terje Søviknes. Capital expenditures for both fields total more than 2 billion Euros. DEA recently increased its interest in seven licences in the Njord area and has now a share of 50% in the Njord field.

The plan for Development and Operation (PDO) for the DEA operated Dvalin development has been approved by the Ministry of Petroleum and Energy.

DEA Deutsche Erdoel AG strengthens its commitment to further promote equal career opportunities for women and men as well as for a work environment without prejudices in the company. DEA’s board of management reinforces this commitment symbolically by signing the charter for equality of the German Mining, Chemical and Energy Industries Union (IG BCE) and the charter for diversity.

DEA participates in yet a successful well in the Barents Sea. Drilling of the Filicudi wells in PL533 has resulted in an oil discovery.

DEA and its partners in PL418 have selected a subsea tie-back to the Gjøa platform as the concept for development of the Skarfjell discovery in the Norwegian North Sea.

„With domestic gas production, we can and want to make a contribution towards achieving the climate protection goals of the German Federal Government for the year 2050", declared Dirk Warzecha, Chief Operating Officer of DEA Deutsche Erdoel AG yesterday at the annual energy industry conference of Handelsblatt in Berlin.

DEA Deutsche Erdoel AG uses its traditional donation campaign “Aid instead of candles” to support a dozen social facilities in the vicinity of its German operations, raising a total of 38,000 euros. The beneficiaries of these donations once again are needy, socially disadvantaged people in the vicinity of DEA’s operations.

Within the 2016 Awards in Predefined Areas (APA 2016), DEA was awarded two new licences by the Norwegian Ministry of Petroleum and Energy, thereof one as operator.

New partnership structure in the Norwegian licence PL 435 is officially in place. DEA Norge has now a 55 per cent share as an operator in the Dvalin licence. Partners are Petoro with a 35 per cent share, and Edison Norge with a 10 per cent share.