BASF Wintershall to apply for fracking at Germany gas deposit

11 July 2012 16:00  [Source: ICIS news]

LONDON (ICIS)--BASF’s Wintershall oil and gas unit is preparing to apply for hydraulic fracturing (fracking) permits to explore a gas field in Germany’s Lower Saxony state, it said on Wednesday.

Wintershall said that its gas deposit at Barnstorf, northwest of Hanover, contains tight gas, which is stored in layers of rock deep underground made of compact sandstone, and can be produced with fracking.

CEO Rainer Seele said the company would ensure that its use of the technology is “compatible with ecological considerations.”

“Wintershall works with high environmental standards as a matter of principle and ensures a maximum level of environmental protection and transparency by means of a voluntary commitment,” Seele added.

Media officials at Wintershall's headquarters in Kassel were not immediately available for additional comment. 

Last week, BASF executive board member Harald Schwager said that BASF is considering shale gas opportunities in Germany and Argentina in its search for gas and greater energy efficiency.  

German domestic natural gas production covers about 15% of the country’s overall requirements, with Lower Saxony accounting for about 95% of that production, according to Wintershall.

Meanwhile, Wintershall is also assessing the use of a fungus-based biopolymer – schizophyllan – in enhanced oil recovery at an oil site near Barnstorf, it said. The company researched schizophyllan together with BASF.

By: Stefan Baumgarten
+1 713 525 2653

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