F03-FB is a producing conventional gas field located in shallow water in Netherlands and is operated by Neptune Energy Netherlands. The field is located in block F03b, with water depth of 141 feet.
Field participation details
The field is owned by EBN, Abu Dhabi National Energy and Neptune Energy Group.
Production from F03-FB
The F03-FB conventional gas field recovered 91.26% of its total recoverable reserves, with peak production in 2000. The peak production was approximately 4.92 thousand bpd of crude oil and condensate and 104 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2037. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 10.68 Mmboe, comprised of 1.9 Mmbbl of crude oil & condensate and 52.66 bcf of natural gas reserves.
Methodology
Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.