With the upcoming submission of its 'Impact Assessment' as part of the Plan for Development and Operation (PDO) process, Wintershall is announcing updated, higher recoverable resource estimates for its operated Maria Field: following intensive internal studies, Germany's largest internationally active oil and gas producer now estimates that the planned technical recoverable resources will reach about 180 million barrels of oil equivalent (boe). This means that the estimate has increased by about 40 million boe (previously 140 million boe: 130 million barrels of oil and about 10 million boe of associated gas).
The new assumptions are the result of extensive laboratory tests and studies as well as model calculations. With a 50 percent share, Wintershall is the operator of the Maria Field, which according to the Norwegian Petroleum Directorate is among the three largest development projects in the planning stage on the Norwegian Continental Shelf. Other partners in the project are Petoro AS (30%) and Centrica Resources (Norge) AS (20%).