DONG Energy's work is focused on enhancing security of supply by providing more energy
Oil and gas production has been an important activity for DONG Energy for more than ten years. Oil & Gas' activities comprise exploration, development and production.
Any exploration and appraisal investments will be limited to honoring
license commitments and supporting existing core producing assets. Our current capital commitments comprise of two exploration wells
expected to be drilled in 2017 and one exploration well expected to be drilled
in 2018 and work programmes on some of the licenses. The commitment wells and
the work programmes are limited investments in the overall investment frame.
In 2014, we decided to expand the gas fields Glenlivet and Edradour.
Oil & Gas has shares in 10 producing fields in Norway, Denmark and the UK. The vast majority of our production comes from the large Norwegian gas field Ormen Lange, in which we have a 14 % interest.
Oil & Gas explores for and produces oil and gas. Daily production of oil and gas in 2015 averaged 115,000 barrels , of which 90 % came from Norwegian fields and 10 % from Danish fields. In 2015 our production equaled the annual oil and gas consumption of more than ten million Europeans.