- BASF offers a comprehensive portfolio to the oilfield service industry
- In Enhanced Oil Recovery (EOR), BASF provides innovative solutions to address demanding field conditions

Ludwigshafen , Germany / Florham Park, New Jersey, USA — October 13, 2011 — BASF will present its broad range of innovative products for oil and gas production at the SPE’s (Society of Petroleum Engineers) ATCE (Annual Technical Conference and Exhibition) to be held in Denver, Colorado, October 31 – November 2, 2011. Visitors to BASF booth 951 will be able to discuss their needs with experienced professionals and see the solutions that BASF offers to industry specialists involved in energy resources development, oil and gas exploration, production and Enhanced Oil Recovery (EOR).

BASF offers a comprehensive portfolio of products to the oilfield service companies combined with technical know-how and reliable supply of high-quality products, covering applications for drilling (Alcomer ® , Polydrill ® ) cementing (Polytrol ® , Liquiment ® ), stimulation (Alcomer ® , Basocorr ® ) production (Basoflux ® , Luvicap ® for flow assurance and Basorol ® for oil/water separation)

A major growth sector is Enhanced Oil Recovery (EOR) through innovative surfactants and polymers which are designed to support EOR operations under demanding field conditions. BASF’s next generation polymers and surfactants have been developed especially for high salinity and high temperature fields.

“This will be the first significant appearance at a U.S. trade fair for BASF’s Oilfield Chemicals business,” said Denise Joost, North American Regional Business Director. “With the acquisitions of Degussa Construction Chemicals and Engelhard in 2006, Ciba in 2009, and Cognis in 2010, BASF has grown to become a global player in this important market segment. We have the people, products and technologies to be a valued innovation partner for our customers to help them be more successful.”

BASF is committed to innovation in the oil and gas sector. BASF Oilfield Chemicals can help find chemical solutions for any challenge in all fields of oilfield production. Over many decades BASF has developed a broad product portfolio and has built strong expertise in providing chemical solutions to many industries. As the leading chemical company, BASF is leveraging this expertise to find solutions to address oilfield specific challenges. The pillars of its innovation concept for the oilfield industry are: joint customer projects, leveraging successful R&D, and technical service projects. BASF understands the oilfield industry needs and translates them into recommendations for the most efficient use of its chemistry.

About BASF’s Oilfield Chemicals
BASF offers a wide range of products to help the oilfield service industry make efficient formulation. Our portfolio in this field is very wide and comprises products for the drilling and completion of oil wells as chemicals for continuous and cost-efficient production of valuable oil and gas resources. BASF`s Oilfield Chemicals group develops next generation surfactants and polymers, designed to support enhanced oil recovery (EOR) operations by means of chemical injection. With our new chemistry we address demanding field conditions such as high temperature and/or high salinity. Further information can be found at www.basf.com/oilfieldchemicals.

About BASF
BASF is the world’s leading chemical company: The Chemical Company. Its portfolio ranges from chemicals, plastics, performance products and agricultural products to oil and gas. As a reliable partner BASF creates chemistry to help its customers in virtually all industries to be more successful. With its high-value products and intelligent solutions, BASF plays an important role in finding answers to global challenges such as climate protection, energy efficiency, nutrition and mobility. BASF posted sales of about €63.9 billion in 2010 and had approximately 109,000employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN). Further information on BASF is available on the Internet at www.basf.com or in its Social Media Newsroom at newsroom.basf.com