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Statistical processing

Contact info

National Accounts division, Department of Economic Statistics
Sara Svantesson
+45 30 46 42 06

srs@dst.dk

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Oil and natural gas in the North Sea

Data for this statistic is provided annually by the Danish Energy Agency. Additional information is taken from the Energy Agency's publication on the oil and gas production. The collected data have undergone validation in the Energy Agency. The validation done by Statistics Denmark during the compilation of the natural resource accounts deals solely with ensuring consistency between the opening and closing stocks.

Source data

The natural resource account for oil and natural gas is based on information obtained from the Danish Energy Agency as well as the statistics Energy Accounts for Denmark and the National Accounts.

Frequency of data collection

Annual.

Data collection

The data is collected from various internal and external sources by extracting information from databases, Excel sheets, and printed publications.

Data validation

The natural resource accounts for oil and natural gas are based on information from a variety of data sources. The validation during the compilation of the natural resource accounts ensures consistency between opening and closing stocks.

Data compilation

The data are prepared and presented in the context of the natural asset accounts.

The value of stocks and changes in stocks of oil and gas is estimated by model calculations and results depend on assumptions about future extraction and prices of oil and gas.

Adjustment

No corrections to the data are made except for those mention under Data validation and Data processing.