document: Wintershall Dea GmbH disclosed on 9 January 2020 it had entered into an agreement with RDG GmbH & Co. KG (RDG) for the purpose of selling interests in several production contracts in the country's various petroleum provinces. The catalogue of the assets is as follows (working interest in bracket): 1) Aitingen (33.33%), 2) Hebertshausen (100%), 3) Landau (66.67%), 4) Lauben/Bedernau (50%), 5) Schwabmuenchen (100%), 6) Suderbruch (100%) and 7) Tannheim/Engelsberg (50%). The licenses sold to RDG yield approximately 1,000 boe/d, some 2% of the company's daily output in Germany.  The Wintershall Dea's move follows a global revision of the domestic asset portfolio and a strategic decision to concentrate on the core assets, i.e. oil production from the Emlichheim and Mittelplate fields and gas production in the Verden area (all in northern Germany).   The Aitingen, Hebertshausen, Lauben/Bedernau, Tannheim/Engelsberg and Schwabmuenchen blocks are located in the Molasse Basin (Alpine Foreland), the Landau concession is located within the northern sector of the Upper Rhine Graben, while the Suderbruch concession falls within the Lower Saxony Sub-basin (Northwest German Basin).
summary: Wintershall Dea is selling its operated participating interests in certain domestic oil concessions to compatriot player RDG. The concessions being sold include Aitingen (in which Wintershall Dea holds a 33.33% interest), Schwabmuenchen (100%), Lauben/Bedernau (50%) and Hebertshausen (100%), all of which are located in Bavaria, southern Germany.Also part of the deal is Wintershall Deaâs 66% interest in the Landau concession in Rhineland-Palatinate, the Tannheim/Engelsberg concession (50%) in Baden-Wurttemberg and the Suderbruch concession (100%) in Lower Saxony.The licences contribute about 1000 boe/d to Wintershall Deaâs production.