M07-B is a producing conventional gas field located in shallow water in Netherlands and is operated by ONE-Dyas. The field is located in block M07, with water depth of 95 feet.
Field participation details
The field is owned by EBN, ONE-Dyas and Abu Dhabi National Energy.
Production from M07-B
The M07-B conventional gas field recovered 37.08% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 0.13 thousand bpd of crude oil and condensate and 20 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2058. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 9.96 Mmboe, comprised of 0.37 Mmbbl of crude oil & condensate and 57.52 bcf of natural gas reserves.
ONE-Dyas BV (ONE-Dyas), formerly Oranje-Nassau Energie BV, is an upstream oil and gas company that focuses on the exploration and production of oil and natural gas. The company concentrates on exploration assets in the southern North Sea Ventures such as the Netherlands and the UK. It also has assets in Kowe Block and Agali Block in Gabon. ONE-Dyas’ projects include Q16-Maas, a gas field in Rotterdam, the Netherlands; GEMs in the North Sea; P11-E, located in the North Sea; and the Sean field . It also plans to expand its reserve base in the western part of Africa. The company is also engaged in investment, exploration and unearthing new development. ONE-Dyas is headquartered in Amsterdam, Noord-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.