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AP Moller Maersk March North Sea oil, gas production falls yr-on-yr


Published :
Thu, 19 Apr 2007 11:50
By : Agencies
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COPENHAGEN (Thomson Financial) - AP Moller Maersk said oil production at its partly owned Dansk Undergrunds Consortium's 14 oil fields in the North Sea totalled 281,300 barrels per day during March 2007, down 8 pct from a year earlier.

However, production increased 5 pct from February 2007, the group added.

The production of gas reached 426 mln cubic metres in March, down from 878 mln cubic metres a year earlier and 777 mln cubic metres in February, said AP Moller Maersk.

AP Moller Maersk owns 39 pct of Dansk Undergrunds Consortium while Shell and Chevron hold respectively 46 pct and 15 pct of the consortium.

gustav.sandstrom@thomson.com

gs/jlw

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