The K/L Blocks are a block of nine gas fields in the Dutch North Sea in which Oranje-Nassau Energie B.V. (ONE) has a working interest of various stakes. These fields are operated by Engie and form part of ONE’s portfolio of non-operated oil & gas assets, with a strategic focus on production and exploration.
ONE’s interest in the K/L Blocks
ONE currently holds a 8.625% working interest in the K9ab License and 10.264% in the K9c License. Through these Licenses ONE has stakes ranging from 2.2 to 10.3% in the following seven producing fields: K9ab-A, K9ab-B, K9ab-C, K9ab-D, K9c-A, K6-D and K12-L. In addition ONE has a 10.32% and a 21.43% working interest in the K12-G unit and L10-M unit respectively.
All nine gas fields are operated by Engie and all production is exported via the L10 facilities after which it flows via the NGT pipeline to Uithuizen.