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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| AP Moller Maersk (PK) | USOTC:AMKBF | OTCMarkets | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 1,636.0779 | 1,448.99 | 1,848.01 | 0.00 | 22:00:00 |
From Nov 2019 to Nov 2024
By Flemming Emil Hansen
COPENHAGEN--Production output from Danish North Sea oil fields continued to decline in July, in line with expectations for the mostly mature fields, operator Maersk Oil and Gas A/S said Wednesday.
July output fell 4.3% on the month, to 172,200 barrels of oil equivalent a day from 180,000 boe/d in June. On the year, output declined 8.1% from 187,300 boe/d.
The fields are owned by Danish Underground Consortium, or DUC, a joint venture between Maersk, with 31%, Royal Dutch Shell PLC (RDSB) with 37%, Chevron Corp. (CVX) with 12% and the Danish state's North Sea Foundation with 20%. All fields are operated by Maersk Oil, a unit of A.P. Moller-Maersk A/S (MAERSK-B.KO).
The majority of the fields are so-called mature fields, where the output rate has started on a gradual decline.
Write to Flemming Emil Hansen at flemming.hansen@dowjones.com
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