New Unmanned Platform in the Danish North Sea Approved

New Unmanned Platform in the Danish North Sea Approved

A new unmanned platform in the Danish North Sea has been approved by partners of the Danish Underground Consortium (DUC). The USD 800 million investment is expected to add reserves and resources of 50 million barrels of oil equivalent over the next 30 years to the Danish production.

Maersk Oil has – as operator of DUC – signed a contract with Bladt Industries A/S, a Danish contractor located in Northern Jutland, to build the jacket (legs) and topside (platform). The installation is planned to take place at the end of 2014. The project schedule aims to have first oil early in 2015. After installing the platform, Maersk Oil plans to drill 12 wells during 2015-2017. Each horizontal well will be about six kilometres long.

The new platform will produce a mixture of oil and gas. The project is expected to deliver approx. 20 million barrels of oil and 170 billion standard cubic feet of gas, combined reserves and resources of 50 million barrels of oil equivalent, with a peak production in 2017 of some 20,000 boed. The total investment in the Tyra Southeast expansion of USD 800 million includes the platform, pipelines and drilling of the wells.

The project has been formally approved by the Danish Energy Agency.

 

Press Release, April 5, 2013; Image:

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