Significant increased production

This article originates from the news archive of Det norske.

5. January 2010

Det norske production increased by almost 40 percent from November to December 2009.Average production for the months January to November 2009 was 1 776 barrels per day. In December, the average is 2 402 barrels per day.

Det norske has ownership interests in four producing fields, Jotun, Giltne, Enoch and Varg.

The mail reason for the increase is the Varg field. Production Well A-10A on the Varg field, drilled in the third quarter of 2009, increased total production of the Varg from 11 600 barrels to over 26 000 barrels.

It also gives grounds for optimism for the new planned production wells in 2010 in the southeastern segment of the Varg field.Varg field was in 2002 planned to shut down by their original owners.

The management of Det norske (then Pertra) saw the opportunity to get more out of the field.

“This shows the importance of a wide range of companies with fresh measures on the Norwegian continental shelf. Varg has produced longer than most thought, and will continue to produce for a long time” says CEO of Det norske Erik Haugane.

Read more about Det norskes production here.

About Det norske:
Det norske oljeselskap ASA has interests in a total of 70 licenses, with 32 operatorships. Det norske is the second-largest operating company on the Norwegian Continental Shelf both considering number of operatotships and exploration activity. I 2009 the company operated nine exploration wells, and the high activity will continue in 2010. Det norske runs its activities in a safe and responsible manner in close cooperation with the authorities.

Det norske currently employs a staff of 180. The company`s registered office is located in Trondheim. The company also has offices in Oslo,Harstad, and Stavanger.