K08-FA is a producing conventional gas field located in shallow water in Netherlands and is operated by Nederlandse Aardolie Maatschappij. The field is located in block K08 and K11a, with water depth of 131 feet.
Field participation details
The field is owned by Exxon Mobil, Shell, Hague and London Oil, LetterOne Holdings, Gazprom, ONE-Dyas, BASF and EBN.
Production from K08-FA
The K08-FA conventional gas field recovered 98.20% of its total recoverable reserves, with peak production in 2000. The peak production was approximately 105 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 3.38 Mmboe, comprised of 0.04 Mmbbl of crude oil & condensate and 20.01 bcf of natural gas reserves.
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.
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.