The story
Zistersdorf oil field and Soviet occupation
In 1938, with the development of the Gaiselberg oil field, the oil discovery that made the small town of Zistersdorf the epitome of the oil wealth of the Vienna Basin, took place. The oil-bearing layers of the Gaiselberg field, located almost one kilometer south-west of Zistersdorf, cover an area of only about 2.5 km², but along a geological fracture (the so-called Steinbergbruch) there are a number of oil-bearing layers one above the other, whose depth ranges from 800 m to almost 2,400 m.
During the period of the "Anschluss" of Austria to Nazi Germany from 1938 to 1945, the RAG was continued as "enemy property" by a German asset manager. In the following period of Soviet occupation of Eastern Austria from 1945 to 1955, the RAG was de facto not nationalised despite a decision in 1946, but most of the drilling equipment was taken to the USSR as spoils of war and the entire production had to be transferred to the Soviet Petroleum Administration. As a result, the production rights in the Vienna Basin were also restricted to the two oil fields RAG/Gösting and Gaiselberg, which existed before 1945, and which remained so even after the withdrawal of the Soviet occupying power in 1955.
In 1948 and 1951, however, RAG received research assignments from the Geological Survey of Austria in the former US occupation zone in Upper Austria. In May 1956, a new deep drilling rig made Austria's first major oil discovery outside the Vienna Basin near Puchkirchen. The following years were rather sobering. Only near Ried im Innkreis a significant oil field was discovered in 1959.
Concessions in Upper Austria
In 1960 RAG's concession area in Upper Austria was extended to the area south of Wels. As early as 1962, the most productive Austrian oil field outside the Vienna Basin to date was discovered in Voitsdorf in the municipality of Ried im Traunkreis. The field extends to about 10 km in an east-west direction and was developed via 43 wells, 10 of which were still being used for production in 2007. The north-south extension is only slightly more than one kilometre. More than 3 million tons of oil have been extracted from the two oil-bearing horizons at depths of 2100 to 2200 metres.
Around the Voitsdorf field, further large oil fields were developed until 1980: Eberstalzell (previous oil production approx. 500,000 tons; 2012 3 wells active), Engenfeld (approx. 150,000 tons; 2012 1 well active), Oberaustall (approx. 200,000 tons; 2012 1 well active), Sattledt (approx. 1 million tons, 2012 6 wells active) and Steinhaus (approx. 200,000 tons; 2012 1 well active).
In 1968, the highest annual production in the company's history was achieved with 419,118 tons of crude oil, more than half of which came from the Voitsdorf field. After that, crude oil production declined and reached its temporary low in 2005 with only 75,275 tons. Since then, the discovery of larger reservoirs in Hiersdorf west of Wartberg an der Krems as well as near Bad Hall and Sierning has increased production to 123,704 tons (15% of Austrian crude oil production) by 2011, of which 104,204 tons came from the foothills of the Upper Austrian Alps and 19,500 tons from the two fields near Zistersdorf.
RAG has developed a total of about 50 oil and gas fields in Austria to date. Due to the rise in oil prices, the relatively expensive development of oil reservoirs in Austria has been intensified again in recent years. After 2000, this led to several major oil discoveries in the eastern concession area around the health resort of Bad Hall.
Natural gas production
In the 1970s, the development of natural gas reservoirs became more important. Especially in western Upper Austria, about 15 km on each side of a line from Kremsmünster to Burghausen, a large number of medium-sized and smaller natural gas reservoirs were discovered, mostly at depths of 500 m to 1500 m. In 1997, the Haidach natural gas reservoir (Straßwalchen, Upper Austria) was discovered using modern geophysical methods. With a total volume of 4.3 billion cubic metres of natural gas, this was one of the largest gas discoveries in Austria. In 1977, the largest annual production was achieved with almost 880 million cubic metres of natural gas. In 2018, the annual production was 135 million cubic metres of natural gas. | Turnover = 509.4 million euros (2018)
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Natural gas reservoirs
Austria has geological structures that are suitable for natural gas storage (underground storage). Since 1982, RAG has been using former natural gas reservoirs as natural gas storage facilities, thus increasing the security of supply with natural gas. RAG now uses more than 50% of its former natural gas reservoirs as underground storage facilities. The Puchkirchen gas field near Timelkam was successively converted into an underground gas storage facility from the 1980s onwards, and in 1995 the first commercial large-scale storage facility went into operation with a storage volume of 500 million cubic metres. The current capacity in combination with the Haag storage facility is around 1.080 billion cubic metres of natural gas (2019). After extensions in 1995 and 2002, the current capacity is around 860 million cubic metres of natural gas. By 2010, including the Haag gas field at Hausruck approx. 20 km north of the existing storage facility, capacity was increased to 1.1 billion cubic metres of natural gas.
In May 2007, the Haidach storage facility at Straßwalchen went into operation, a collaboration project with the partners Gazprom Export and Wingas. Following an expansion in 2011, Haidach has now a storage volume of 2.9 billion cubic meters of natural gas. Haidach is the second largest storage facility in Central Europe. With the 7Fields natural gas storage facility, further former natural gas reservoirs have been adapted for use as underground storage facilities. 7Fields is a collaboration project between RAG and the German company Uniper (former EON Gas Storage). As with the Haidach storage facility, RAG acted as planner, constructor and technical operator. Marketing is carried out by RAG Energy Storage (RES) and Uniper. After a construction period of two years, the first expansion stage (Zagling storage facility near Straßwalchen and Nussdorf with a combined volume of around 1.2 billion cubic metres) was completed in April 2011 and the second expansion stage (Oberkling/Pfaffstätt storage facility south-west of Mattighofen) in April 2014. Following further capacity adjustments, the storage volume is now around 2 billion cubic meters of natural gas.
Recent company development
In order to meet the demands of a decarbonised future, two companies emerged from Rohöl-Aufsuchungs AG in 2018: RAG Austria AG and RAG Exploration & Production GmbH. RAG Austria AG focuses on the core business of gas storage as well as new energy technologies (“Underground Sun Storage”, “Underground Sun Conversion”), develops and expands them. Further business areas are the production, supply and trading of gas as well as the use and marketing of gas as a fuel (CNG, LNG). RAG Exploration & Production GmbH is dedicated to the exploration and production of crude oil.
From Wikipedia’s article on RAG Austria AG, shared under CC BY-SA 4.0.5