Hansa Hydrocarbons has participated in the large Ruby natural gas discovery that extends across several licenses in the Dutch and German North Sea. The N05-1 well, operated by Oranje-Nassau Energie (ONE), tested at a maximum sustained flow of 53 MMscf/D and according to Hansa CEO John Martin exceeded predrill expectations. The wider licensed area around the well is estimated to hold 2 Tcf feet of gas, which is more than the Netherlands’ annual production. Hansa is operator of the Dutch and German licenses, holding interests ranging from 25% to 50%. Energie Beheer Nederland is also participating in the project.
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