L12b-C 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 L12b, L12a, and L15b, with water depth of 85 feet. Buy the profile here.
Field participation details
The field is owned by BASF, Delta Hydrocarbons, EBN, Gazprom, LetterOne Holdings and Neptune Energy Group.
Production from L12b-C
The L12b-C conventional gas field recovered 89.91% 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 19.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2028.
Remaining recoverable reserves
The field is expected to recover 0.98 Mmboe, comprised of 0.03 Mmbbl of crude oil & condensate and 5.68 bcf of natural gas reserves.
For more details on the L12b-C 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.
