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Dow Jones Newswires: Output falls… 273800 b/d

July 17, 2007: 02:36 AM EST

COPENHAGEN -(Dow Jones)- Dansk Undergrunds Consortium oil output fell 8.2% in June to 273,800 barrels a day compared with 298,100 barrels a day a year earlier, DUC operator Maersk Oil said late Monday.

DUC’s June gas output fell 35.7% to 456 million cubic meters from 709 mcm in June 2006, said Maersk Oil, a unit of A.P. Moller-Maersk A/S (MAERSK-B.KO).

May oil production fell 12% on-year to 265,500 barrels a day, while gas output was down 35.1% at 501 million mcm.

DUC, which operates in the Danish North Sea, is a joint venture between Maersk Oil, with a 39% share, Royal Dutch Shell PLC (RDSA), with 46%, and Chevron Corp. (CVX), with 15%.

Company Web site:

-By Malin Rising, Dow Jones Newswires; +45 33 111 524; [email protected]

  (END) Dow Jones Newswires
  07-17-07 0236ET
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