DUC sanctions expansion of Tyra complex offshore Denmark

Maersk Oil and its partners in the Danish Underground Consortium (DUC) have approved expansion of the Tyra Southeast development in the Danish North Sea.

Tyra Southeast development
Tyra Southeast development

Offshore staff

COPENHAGEN, Denmark – Maersk Oil and its partners in the Danish Underground Consortium (DUC) have approved expansion of the Tyra Southeast development in the Danish North Sea.

The $800-million investment is DUC’s largest for a new offshore project since Halfdan Phase 4 in 2007. It covers construction and installation of a new platform, subsea pipelines, and development drilling.

Danish contractor Bladt Industries will build the jacket and topsides, with installation scheduled for end-2014, followed by first oil early in 2015. After installing the platform, Maersk plans to drill 12 wells during 2015-2017. Each of the horizontal wells will be around 6 km (19,685 ft) long.

At peak in 2017, the new facilities should deliver around 20,000 boe/d. Total production over a 30-year period is estimated at 20 MMbbl of oil and 170 bcf of gas.

DUC comprises A.P. Møller - Mærsk (31.2%), Shell (36.8%), Nordsøfonden (20%), and Chevron (12.0%).

4/5/2013

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