Q10-A

Project Name and Location

• The project is known as the Q10-A Oil and Gas Field, located offshore in the Netherlands, specifically in blocks Q07 and Q10a.

Operator and Ownership

• The field is operated by Kistos NL2 B.V.
• The ownership is divided between Kistos Holdings (40.0%) and EBN B.V. (60.0%).

Discovery and Production

• The Q10-A Oil and Gas Field was discovered in 1962.
• Production started in 2019.

Production Data

• As of 2019, the field produced 621.04 million cubic meters of gas per year.
• By 2022, the gas production had decreased to 453.75 million cubic meters per year.
• There is no reported production of condensate from this field.

Reserves

• The 2P (proven and probable) gas reserves for the Q10-A Oil and Gas Field were estimated at 8,334.5 million cubic meters as of 2015.

Field Characteristics

• The field is located in shallow water, with a water depth of around 69 feet for the Q10-A Orion part of the project.

Future Developments

• There is an upcoming project known as Q10-A Orion, which is currently in the approval stage. The final investment decision (FID) for this project is expected in 2024, with commercial production anticipated to start in 2026. The development cost for Q10-A Orion is estimated to be $65 million.
• Production from Q10-A Orion is forecast to peak in 2027 and is expected to continue until the field reaches its economic limit in 2039.

Coordinates

• The exact coordinates for the Q10-A Oil and Gas Field are 52.487, 4.237 (WGS 84).

In summary, the Q10-A Oil and Gas Field is an operational field with ongoing gas production, managed by Kistos NL2 B.V. and jointly owned by Kistos Holdings and EBN B.V. The field has significant gas reserves and is set to see further development with the Q10-A Orion project, which will add oil production capabilities in the near future.