K12-G is a producing conventional gas field located in shallow water in Netherlands and is operated by Neptune Energy Netherlands. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block K12 and L10, with water depth of 102 feet. Buy the profile here.
Field participation details
The field is owned by EBN, Exxon Mobil, Neptune Energy Group, ONE-Dyas, Production North Sea Netherlands and Rosewood.
Production from K12-G
The K12-G conventional gas field recovered 92.07% of its total recoverable reserves, with peak production in 2004. The peak production was approximately 0.02 thousand bpd of crude oil and condensate and 134.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2039. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 5.17 Mmboe, comprised of 0.10 Mmbbl of crude oil & condensate and 30.41 bcf of natural gas reserves.
For more details on the K12-G Conventional Gas 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.
