L05-C is a producing conventional gas field located in shallow water in Netherlands and is operated by Wintershall Noordzee. The field is located in block L05b and L06b, with water depth of 128 feet.
Field participation details
The field is owned by Gazprom, Korea National Oil, BASF, LetterOne Holdings and EBN.
Production from L05-C
The L05-C conventional gas field recovered 97.75% of its total recoverable reserves, with peak production in 2008. The peak production was approximately 65 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2027.
Remaining recoverable reserves
The field is expected to recover 0.48 Mmboe, comprised of 0.02 Mmbbl of crude oil & condensate and 2.73 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.