L05-B is a producing conventional gas field located in shallow water in Netherlands and is operated by Wintershall Noordzee. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block L05b, with water depth of 128 feet. Buy the profile here.
Field participation details
The field is owned by BASF, EBN, Gazprom, Korea National Oil and LetterOne Holdings.
Production from L05-B
The L05-B conventional gas field recovered 91.55% of its total recoverable reserves, with peak production in 2006. The peak production was approximately 76.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2052.
Remaining recoverable reserves
The field is expected to recover 2.33 Mmboe, comprised of 13.98 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.
For more details on the L05-B 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.
