Capex Data
RWE Dea AG plans to double its hydrocarbon production over the next six years to amount to 13 – 14 million cubic meters of oil equivalent (OE) by the year 2013. In the process, the share of gas production is to rise sharply, while oil production is to be maintained at least at the same level. To be able to achieve these ambitious goals, RWE Dea will need to boost their capital spending on development activities to about 800 million euros per annum over the next five years.
For exploration activities, RWE Dea plan to spend a further 200 million euros per annum. The company will drill 73 wells in 2007. This high level of activity will be maintained in the years to come.
Future Plans
No data yet.