K02b-A 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 K02b, with water depth of 148 feet.

Field participation details

The field is owned by Neptune Energy Group and EBN.


Production from K02b-A

The K02b-A conventional gas field recovered 67.82% of its total recoverable reserves, with peak production in 2011. The peak production was approximately 0.07 thousand bpd of crude oil and condensate and 81 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2100. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 19.64 Mmboe, comprised of 0.05 Mmbbl of crude oil & condensate and 117.54 bcf of natural gas reserves. K02b-A conventional gas field reserves accounts 0.01% of total remaining reserves of producing conventional gas fields globally.


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.