L12b-C 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 L12b, L12a, and L15b, with water depth of 85 feet.

Field participation details

The field is owned by EBN, Delta Hydrocarbons, Neptune Energy Group, LetterOne Holdings, BASF and Gazprom.


Production from L12b-C

The L12b-C conventional gas field recovered 82.75% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 0.02 thousand bpd of crude oil and condensate and 19 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2029.


Remaining recoverable reserves

The field is expected to recover 1.71 Mmboe, comprised of 0.03 Mmbbl of crude oil & condensate and 10.11 bcf of natural gas reserves.


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.