Maersk Oil today confirmed it would cease production on its North Sea Trya field.
The operator said it had failed to identify an economically viable solution for the full recovery of the remaining resources in the Denmark’s largest gas field.
Maersk Oil COO Martin Rune Pedersen said: “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.
“We have not yet found an economically viable solution for full recovery of the remaining resources in the Tyra field, and safe decommissioning of Tyra will therefore be commenced with the perspective of ceasing production on 1 October 2018.
“In January 2017 we will have to reallocate resources from Tyra rebuild planning to engineering work for a detailed plan to discontinue the Tyra field as the Danish hub for gas processing.”
The Tyra field is operated by Maersk Oil on behalf of the Danish Underground Consortium (DUC), which includes Shell, Nordsøfonden and Chevron.