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Country summary: Austria

energy-pedia opportunities - Austria:
Current deals: 3
Licensing articles: 1
Completed deals: 2

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Austria - recent news

18 Mar 24
Austria: ADX Energy's Welchau-1 well discovers condensate rich gas
ADX Energy has advised that the Welchau-1 well has encountered 115 metres liquids rich gas column within the primary target 'Steinalm Formation' at a depth between 1452 metres and 1567 metres measured depth (MD). The Steinalm Formation intersected in Welchau is the same zone that flowed condensate rich gas in the nearby Molln-1 well at a rate of 4 MMSCFPD in 1989.
11 Mar 24
Austria: ADX Energy provides Welchau gas exploration well update
ADX Energy has advised that the Welchau-1 gas exploration well reached a depth of 1028 metres on the March 10 and is drilling ahead in the Lunz Formation. The Welchau gas prospect has exceptional gas resource potential, located in the heart of Europe at a relatively shallow drill depth and proximal to gas pipelines. ADX estimates that Welchau has best technical Prospective Resources of 807 BCFE (134 MMBOE).
20 Sep 23
Austria: Vestas wins 46 MW project in Austria
Vestas has received a firm order from Windpark Engelhartstetten GmbH, a subsidiary of WindLandKraft GmbH, for the Engelhartstetten wind park in Lower Austria.
28 Jul 23
Austria: OMV announces new gas discovery in Austria
OMV has announced the Wittau Tief-2a exploration well to be a confirmed new natural gas discovery. The OMV operated well is located in Lower Austria and was drilled at a final depth of 5,000 meters after five months of operations. The well is the largest natural gas discovery in Austria in 40 years.
13 Mar 23
Austria: ADX awarded production licence for the Anshof oil field
ADX Energy has advised that Austria’s Ministry of Finance has awarded a production license to ADX VIE GmbH for the development of the Anshof oil field located within the ADX-AT-II exploration license in Upper Austria.

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