Danish North Sea oil output falls 19% in September

10/12/2012

Danish North Sea oil output falls 19% in September

BY FLEMMING EMIL HANSEN

COPENHAGEN -- Danish North Sea oil output fell 19% in September compared with the same month in 2011, a huge drop stemming from a prolonged shutdown for maintenance and continued churn in the mostly mature fields, Maersk, which operates the fields, said. Output was down 7.1% compared with August.

The North Sea oil fields are owned by Danish Underground Consortium, a joint venture between Maersk, Shell, Chevron and the Danish state, represented by the North Sea Foundation. But all fields are operated by Maersk, a unit of AP Moller-Maersk.

Dow Jones Newswires

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