L02-FB

Project Location

• The L02-FB oil project is likely located either on land or at sea within the Netherlands. Given the country's offshore activities, it could be situated in the North Sea, which is a significant area for oil and gas production.

Production Status

• To determine if the L02-FB project is currently producing, one would need to refer to the specific field status reports. As of 2022, several fields in the Netherlands ceased production or were abandoned, but many others remain active. The project could be in any of the following statuses: producing, production to start within the next few years, or not expected to start production within the next five years.

Production Volumes

• Oil production in the Netherlands has been declining. In 2022, the total oil production was 0.45 million Sm3, with a significant decrease compared to 2021. If L02-FB is an active field, its production would be part of these overall figures. Fields on land accounted for 0.14 million Sm3, while offshore fields accounted for 0.31 million Sm3 in 2022.

Licensing and Regulatory Framework

• The project would operate under the Mining Law of the Netherlands. Licences for exploration and production are managed by the relevant authorities, and any changes in licences, such as extensions or reductions, would be documented in the annual reports.

Operators and Stakeholders

• Major operators in the Dutch oil and gas sector include EBN, Exxon Mobil, and Shell. If L02-FB is a significant project, it might be operated by one of these companies or in partnership with them.

Technical and Economic Evaluations

• The resource estimates and production forecasts for oil fields in the Netherlands are periodically re-evaluated based on technical and economic considerations. This includes adjustments due to new discoveries, drilling of new wells, and the application of techniques to prolong production.

Environmental and Storage Aspects

• The project would need to comply with regulations regarding subsurface storage and environmental impact. In 2022, there were developments related to subsurface storage, including applications for CO2 storage licences, which might be relevant if the project involves such activities.

Example Profile

Project Name:

L02-FB Oil Project

Location:

North Sea (or specific onshore location if applicable)

Status:

• Producing / Production to start within the next few years / Not expected to start production within the next five years

Production Volumes:

• Part of the overall 0.45 million Sm3 oil production in 2022, with specific volumes depending on the field's status and production levels.

Licensing and Regulatory Framework:

• Operates under the Mining Law of the Netherlands.
• Managed by relevant authorities with any licence changes documented in annual reports.

Operators and Stakeholders:

• Possibly operated by EBN, Exxon Mobil, or Shell, or in partnership with these companies.

Technical and Economic Evaluations:

• Subject to periodic re-evaluations based on technical and economic considerations.
• Adjustments made due to new discoveries, drilling of new wells, and application of production prolongation techniques.

Environmental and Storage Aspects:

• Compliant with regulations regarding subsurface storage and environmental impact.
• May involve CO2 storage activities if applicable.

For precise details specific to the L02-FB project, one would need to consult the latest annual reports or direct communications from the operators or regulatory bodies.