Bloomberg News

DUC Pumped 178,300 Barrels of Oil, Condensate a Day in November

December 13, 2011

Dec. 13 (Bloomberg) -- Dansk Undergrunds Consortium, the group of drilling companies that pump most of Denmark’s petroleum, said average oil and condensate output fell to 178,300 barrels a day in November from 218,700 a year earlier.

Natural-gas output for export was 480 million standard cubic meters in November down from 570 million a year earlier, Copenhagen-based operator Maersk oil said in an e-mail today.

Dansk Undergrunds Consortium, or DUC, was set up in 1962 to explore and develop petroleum resources in Denmark’s part of the North Sea. Maersk Oil, a unit of the world’s biggest container line, A.P. Moeller-Maersk A/S, holds 39 percent. Royal Dutch Shell Plc owns 46 percent and Chevron Corp. has 15 percent.

To contact the editor responsible for this story: Christian Wienberg at

China's Killer Profits
blog comments powered by Disqus