K18-Golf is a producing conventional gas field located in shallow water in Netherlands and is operated by Wintershall Noordzee. The field is located in block K15 and K18b, with water depth of 95 feet.
Field participation details
The field is owned by Exxon Mobil, Shell, BASF, Viaro Energy, LetterOne Holdings, Gazprom and EBN.
Production from K18-Golf
The K18-Golf conventional gas field recovered 71.04% of its total recoverable reserves, with peak production in 2016. The peak production was approximately 47 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2043. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 8.02 Mmboe, comprised of 48.12 bcf of natural gas reserves.
About Wintershall Noordzee
Wintershall Noordzee BV (Wintershall Noordzee) is an upstream oil and gas company that specializes in offshore exploration, development and production. It has production platforms and subsea wells across Dutch sector of the Southern North Sea. The company has a portfolio of assets covering the offshore areas of The Netherlands, Germany, the UK and Denmark. Wintershall Noordzee also has expertise in drilling, field development, production operations and business development. The company also operates WestGas Transport (WGT) gas transportation pipeline and a gas processing facility in Ijmuiden. It operates as a joint venture between Wintershall Nederland BV and Gazprom E&P International BV. Wintershall Noordzee is headquartered in Rijswijk, South Holland, 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.