MAERSK OIL: THE END OF TYRA GAS FIELD

Maersk Oil has issued a notification to the Danish gas market about the Tyra gas field. This notification announces that an economically viable solution for full recovery of the remaining resources in the field has not yet been identified, and that production is consequently expected to cease 1 October 2018. “Tyra has since 1984 been the main hub for gas production and processing in the Danish North Sea. The Tyra facilities are approaching the end of their operational life, and together with our partners in DUC we have assessed solutions for safe decommissioning and possible rebuilding of the Tyra facilities,” says Martin Rune Pedersen, Chief Operating Officer, Maersk Oil.
Despite more than DKK 1 billion spend on reinforcing the Tyra structures over the past 15 years, the facilities cannot safely continue production due to new knowledge on storm wave impact, combined with subsidence of the underground chalk reservoir which reduces the gap between the platforms and the sea.
The remaining potential of the Danish North Sea is widely recognised. The dialogue with Danish authorities will be continued in an effort to identify the terms that will allow future investments, including investments in rebuilding Tyra, to secure long-term activities and jobs in the Danish North Sea.
Tyra Field, largest gas condensate field in the Danish Sector of the North Sea was discovered in 1968 and production started in 1984. The Tyra Field has two production complexes named Tyra West and Tyra East, connected by pipelines. Tyra West includes oil and gas processing plants which in addition to the gas produced at the Tyra field, processes also gas from Halfdan and Valdemar fields.