Federal Minister of Transport, Innovation and Technology Alois Stöger, Managing Director of the Austrian Climate and Energy Fund Theresia Vogel and RAG Chief Executive Officer Markus Mitteregger open the Underground Sun Storage test facility in Pilsbach, Upper Austria.
It is evident from the elegant, yet understated Vienna-based headquarters in the city’s first district what RAG stands for. The lovely historical building which hosts the company boasts a combination of tradition, innovation and success — just like the company itself.
A project that took five months to complete today began feeding a district heating network with environmentally-friendly geothermal energy from RAG’s Mühlleiten ML-002 well. Geothermal energy from a depth of 2,850 metres is now providing district heating for about 100 households in Neukirchen an der Vöckla, operating in tandem with a biomass plant operated by Bioenergie Neukirchen. The geothermal...
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NIS and Rohöl-Aufsuchungs Aktiengesellschaft via its Hungarian subsidiary RAG Hungary Kft, Budapest (RAG) have today entered into agreements to jointly explore and develop conventional hydrocarbon resources in the Kiskunhalas exploration license west of the city of Szeged in southern Hungary. The license held by RAG Hungary comprises and area of 2255 km2.
Hydraulic stimulations were performed on both the Cambrian and Ordovician intervals in the Lebork S-1 well. The stimulations and subsequent flowback resulted in gas being flared from each interval, although only a small percentage of the designed proppant quantity and concentration was placed.
The license is held by the partners in an equally shared company named MOL-RAG West Kft.
Camarillo, CALIFORNIA – BNK Petroleum Inc. (the “Company”)
On behalf of Saponis Investments Sp z o.o, announced today that it has received additional data from the Lebork S-1 and Wytowno S-1 wells drilled on the adjacent Slawno and Slupsk concessions.
Following an intensive technical planning phase, RAG today signed a heating supply contract with Bioenergie Neukirchen. The agreement is aimed at efficient use of ecofriendly geothermal energy by Bioenergie Neukirchen’s biomass-fired heating plant, which provides district heating for the town of Neukirchen an der Vöckla.
Capacity of the Haidach natural gas storage facility expanded to over 2.6 billion cubic meters / Official inauguration of second-largest gas storage facility
The Lebork S-1 well, on the Slupsk concession in Poland has been drilled, cased and cemented to its total depth of 3.590 meters. The well was originally drilled to 3.517 meters and 223 meters of whole core were recovered. At that time a full suite of logs were run. After evaluation of the logs it was decided to deepen the well to its final depth of 3.590 meters, after which another full suite of...
The Lebork S1 well on the Slupsk Concession is currently drilling at 3,517 meters, with over 220 meters of core taken. The core will be analyzed over the coming weeks. It is anticipated that drilling and logging will be completed in the next week. The majority of the analyses of the sidewall cores from the Wytowno #1 well are expected back from the subcontractor in May. The 1st well on the...
The Supervisory Board of RAG Rohöl-Aufsuchungs Aktiengesellschaft agreed on 10 February 2011 to appoint Mag. Dr. Michael Längle to the Executive Board as Chief Financial Officer, with effect from 1 April 2011. He will take over from Managing Director Dr. Helmut Sitz, who will retire.
BNK Petroleum Inc. (the “Company”) (TSX: BKX) announced today that the Wytowno #1 well, on the Slawno concession in Poland, has been drilled to 3,580 meters and is being prepared to have casing run and cemented to total depth.
Austrian Rohöl-Aufsuchungs Aktiengesellschaft (RAG) and Bayerngas GmbH have recorded their first success in the exploration of natural gas in Bavaria. The partners have discovered gas reserves that are considered economically feasible to produce in the Assing R1 well. Assing is located northeast of lake Chiemsee, in the Bavarian Salzach-Inn region.
Energy will be a topic of tremendous importance in the coming decade – An ideology-free, objective approach is essential for meaningful energy policy measures – Energy mix to be defined from a European, not a regional perspective – Hydropower, gas storage, and strong expertise in energy and environmental technologies are strengths of Upper Austria that need to be endorsed.
It is an eventful past that Austria's oldest and most traditional oil and gas exploration and production company can look back on. For decades, we have made a substantial contribution to supply Austria with crude oil and natural gas and are a key regional employer of high economic significance - this is what we are proud of.
Budapest, 16th Dec. 2009 – Today MOL Hungarian Oil and Gas PLC., Budapest (MOL) and Rohöl-Aufsuchungs Aktiengesellschaft, Vienna (RAG) have signed a framework agreement on cooperation aiming to further intensify oil and gas exploration and production in Hungary and strengthen the country's security of supply. The partners will jointly explore and develop their licences at the highest international...
RAG's gas storage facility at Haidach, which was commissioned in 2007, is a major pillar of Austrian and European security of supply.
BNK Continues executing European shale strategy
Austrian oil and gas company RAG acquires Toreador Hungary as of October 2009. EU member Hungary offers an attractive, untapped oil and gas potential, reliable framework conditions and an active market for exploration licences
Gas demand in Upper Austria and Salzburg is exclusively covered by RAG facilities; in Tyrol, Vorarlberg and Lower Austria natural gas is delivered by RAG facilities