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November 23, 2021

Groningen Conventional Gas Field, Netherlands

By Carmen

Groningen is a producing conventional gas field located onshore Netherlands and is operated by Nederlandse Aardolie Maatschappij. The field is located in block Groningen.

Field participation details

The field is owned by Royal Dutch Shell, Exxon Mobil and EBN.


Production from Groningen

The Groningen conventional gas field recovered 99.51% of its total recoverable reserves, with peak production in 2013. The peak production was approximately 0.55 thousand bpd of crude oil and condensate and 5,525 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2022. The field currently accounts for approximately 35% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 61.62 Mmboe, comprised of 0.09 Mmbbl of crude oil & condensate and 369.16 bcf of natural gas reserves. Groningen conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.


About Nederlandse Aardolie Maatschappij

Nederlandse Aardolie Maatschappij BV (NAM) is an oil and gas company that produces and explores oil and natural gas onshore and offshore. The company’s services include exploration, drilling, production, offshore and onshore services, gas storage, natural gas transportation services, and production and storage facilities operations and management services. It operates underground gas storage facilities located in Langelo and Grijpskerk. NAM provides primary education, secondary education and vocational education. It also provides guest lectures about oil and gas extraction. The company partners with other oil and gas companies for its exploration activities. NAM is headquartered in Assen, Drenthe, the Netherlands.

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.

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