Horizon is a producing conventional oil field located in shallow water in Netherlands and is operated by Petrogas E&P Netherlands. The field is located in block P09c, P09e, and P09f, with water depth of 89 feet.
Field participation details
The field is owned by EBN, MB Holding, Gazprom, Viaro Energy, BASF and LetterOne Holdings.
Production from Horizon
The Horizon conventional oil field recovered 99.21% of its total recoverable reserves, with peak production in 2003. The peak production was approximately 1.38 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2025.
Remaining recoverable reserves
The field is expected to recover 0.15 Mmboe, comprised of 0.14 Mmbbl of crude oil & condensate and 0.06 bcf of natural gas reserves.
About Petrogas E&P Netherlands
Chevron Exploration and Production B.V., is engaged in oil and gas exploration and production.
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.