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Maersk Reports Danish Oil Production Fell 19% in September

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Prolonged shutdowns due to maintenance caused oil production from Maersk-operated fields in the Danish North Sea to fall by 18.8 percent last month compared with September 2011.

According to figures released by Maersk Oil average produced across all of Denmark's oil fields was 153,800 barrels of oil per day during the month, compared with 189,500 bopd in September 2011. Production was also down on August 2012, when Denmark's fields produced 165,600 bopd.

Gas production during the month was also lower compared to September 2011 – down 20.5 percent at 310 million normal cubic meters (10.9 billion cubic feet) of gas.

Denmark's North Sea oil fields are owned by the Dansk Undergrunds Consortium – a joint venture between Maersk (31.2%), Chevron (12%), Nordsøfonden (20.0%) and Shell (36.8%).

 



A former engineer, Jon is an award-winning editor who has covered the technology, engineering and energy sectors since the mid-1990s. Email Jon at jmainwaring@rigzone.com

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