Horizon is a producing conventional oil field located in shallow water in Netherlands and is operated by Petrogas E&P Netherlands. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block P09c, P09e, and P09f, with water depth of 89 feet. Buy the profile here.
Field participation details
The field is owned by BASF, EBN, Gazprom, LetterOne Holdings, MB Holding and Viaro Energy.
Production from Horizon
The Horizon conventional oil field recovered 98.19% of its total recoverable reserves, with peak production in 2003. The peak production was approximately 1.38 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2026.
Remaining recoverable reserves
The field is expected to recover 0.35 Mmboe, comprised of 0.22 Mmbbl of crude oil & condensate and 0.82 bcf of natural gas reserves.
About Petrogas E&P Netherlands
Chevron Exploration and Production B.V., is engaged in oil and gas exploration and production.
For more details on the Horizon Conventional Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
