Völkersen Z 1 is a producing conventional gas field located onshore Germany and is operated by Wintershall Dea. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Rotenburg-Volkersen. Buy the profile here.
Field participation details
The field is owned by BASF and LetterOne Holdings.
Production from Völkersen Z 1
The Völkersen Z 1 conventional gas field recovered 86.41% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 119.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2053. The field currently accounts for approximately 6% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 16.35 Mmboe, comprised of 98.10 bcf of natural gas reserves. Völkersen Z 1 conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.
About Wintershall Dea
Wintershall Dea AG (Wintershall Dea), formerly Wintershall Dea GmbH, explores for production of oil and natural gas. The company holds expertise in conducting geological studies, geophysical measurements, seismic surveys, reservoir modeling, field development, onshore and offshore production, hydraulic fracturing, drilling, steam flooding, and polymer flooding. It operates in Aitingen Barnstorf, Emlichheim, Mittelplate, Landau, Eastern Sirte Basin, Yuzhno Russkoye, Gjoa, Vega and Neuquen fields among others. The company has presence in Germany, the Netherlands, Norway, the UK, Denmark, Libya, Argentina, Western Siberia and Southern Russia. It operates through partnerships with companies including Gazprom and LUKOIL, among others. Wintershall Dea is headquartered in Kassel, Hessen, Germany.
For more details on the Völkersen Z 1 Conventional Gas Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
