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Total abandons shale gas exploration at well in Denmark

Published 18/08/2015, 08:18
© Reuters. A logo is pictured at French oil and gas company Total gas station in Marseille
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COPENHAGEN (Reuters) - French oil major Total (PA:TOTF) has abandoned exploration work at its shale well Vendsyssel-1 in northwestern Denmark, the Danish Energy Agency said in a statement late on Monday.

The well, which is 80 percent owned by Total and 20 percent by Denmark's state oil company Nordsofonden, confirmed the presence of gas but the thickness of the layer was smaller than expected.

"The results didn't fulfil the partnership's expectations on reservoir properties and thickness of layers," the agency said.

© Reuters. A logo is pictured at French oil and gas company Total gas station in Marseille

"No further work will be performed in the well, which is now being permanently plugged and abandoned."

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