DUC Natural Gas Production Up 6.9%

Friday, April 07, 2000
Danish Underground Consortium`s (DUC) production of natural gas from its North Sea fields increased 6.9 percent year-on-year in March, operator A.P. Moeller said. In the first quarter, DUC's North Sea natural gas production rose 3.6 percent year-on-year to 2.18 billion cubic meters. DUC is responsible for virtually the entire output from Denmark`s North Sea oil and gas fields. Denmark is the fourth-biggest offshore gas producer in western Europe after Norway, Britain and the Netherlands. A.P. Moeller owns 39 percent of DUC. Its two partners, Royal Dutch Shell Group and Texaco own 46 percent and 15 percent respectively. Danish Underground Consortium`s (DUC) North Sea oil production rose 6.1 percent year-on-year in March, operator A.P.Moeller said. Oil production was 1.19 million tons in February, corresponding to an annualized total of 282,001 barrels per day (bpd). In the first quarter, DUC's oil production rose 3.9 percent year-on-year to 3.34 million tons. DUC is responsible for most of the crude oil output from Denmark`s North Sea oil and gas fields. Denmark is the third-biggest producer in western Europe after Norway and Britain.

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