Skip to content

Press release -

The DEA updates the five-year forecast of Danish oil and gas Production

Oil production is written up 5 % in 2011 while production of sales gas is written up 17 % in 2011.

The Danish Energy Agency has updated the five-year forecast for oil and natural gas production, investments and costs for exploration, operation and oil and gas transportation. The DEA publishes its forecasts in its annual report “Denmark’s Oil and Gas Production” and updates the forecasts at the end of every year.

For 2011, oil production is expected to total 13.2 million m³, equal to about 228,000 barrels of oil per day. This is a 7 per cent decline on 2010, where oil production totaled 14.2 million m3. Compared to the annual report from June the expected production for 2011 is written up 0.6 million m3 corresponding with 5 per cent. The upward adjustment is mainly caused by further expectations to the production from Halfdan and Tyra.

For the period 2012 to 2015 minor revisions have been made compared to the annual report, and total estimated production for this period is unchanged compared with the annual report.

Natural gas production is expected to total 5.6 billion Nm3 in 2011. On 2010 this is a 21 percent decline. In 2010 natural gas production totaled 7.1 billion Nm3. Compared to the annual report the expected production of natural gas for 2011 is written up 0.8 billion Nm3 corresponding with 17 per cent. The upward adjustment is mainly caused by greater demand than expected especially for the period May to and July.

In the forecast period production is expected to decline towards 2013 and then increase to 4.5 billion Nm3 in 2015. For the period 2012 to 2015 minor revisions have been made compared to the annual report, and total estimated production for this period has been written down 2 per cent compared with the annual report.



The DEAs updated five-year forecast of oil and natural gas production, Dec. 2011

Subjects


The Danish Energy Agency is responsible for tasks linked to energy production, supply and consumption, as well as Danish efforts to reduce carbon emissions. The Agency is also responsible for supporting the economical optimisation of utilities that in addition to energy includes water, waste and telecommunication.

We are also responsible for user conditions, supply obligation and telecommunication statistics, as well as water supply and waste management.

The Danish Energy Agency was established in 1976, and is an agency under the Ministry of Climate, Energy and Utilities.

Press contacts

Ture Falbe-Hansen

Ture Falbe-Hansen

Press contact Head of Media Relations Danish Energy Agency +45 25 13 78 46
Morten Christensen

Morten Christensen

Press contact Team Leader Danish Energy Agency +45 3392 6858

Welcome to Danish Energy Agency!

The work of the Danish Energy Agency involves matters relating to energy supply and consumption, as well as Danish efforts to reduce carbon emissions. The Agency is also responsible for Danish building policy and promotes more sustainable building with regard to energy consumption, use of materials and economic issues.

The Agency is responsible for the entire chain of tasks linked to energy production and supply, transportation and consumption, including energy efficiency and savings as well as Danish national CO2 targets and initiatives to limit emissions of greenhouse gasses. The Agency supports building-policy initiatives to increase the productivity and quality of building as well as the operation and maintenance of buildings, with focus on sustainable building. The Agency also collaborates with the building sector to establish a good framework for the industry.

The Danish Energy Agency was established in 1976, and is an agency under the Ministry of Climate, Energy and Utilities.

Danish Energy Agency
Carsten Niebuhrs Gade 43
1577 Copenhagen V
Denmark