Total Delays Plans To Drill Shale Test Well In Denmark

Reuters

PARIS, Feb 2 (Reuters) - Total has delayed by several months its plans to drill Denmark's first test wells for shale gas, the French oil major said on Monday.

"Due to a delay in the manufacturing of the drilling rig, the drilling will be performed during the spring of 2015," a spokeswoman said in an emailed statement.

"The proposed fracking, should the initial test well prove possible, would not be performed before 2016," she said.

Total said last July it planned to conduct the test drilling in December or January.

Total holds 80 percent of the licence and Denmark's state-owned North Sea Fund the other 20 percent.

Faced with France's ban on exploring for shale gas at home, Total has emerged as one of the most active oil and gas majors betting on a U.S.-style shale boom in Europe, buying licences in Britain and striking a deal with Lukoil in Russia.

(Reporting by Michel Rose; Editing by David Holmes)

Copyright 2017 Thomson Reuters. Click for Restrictions.

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