Neptune Announces Major Gas Discovery in the North Sea: Neptune Energy Reveals New Gas Reserve.

Written by Paulo Nogueira

Published on 13/12/2023 at 00:09

Updated on 13/12/2023 at 00:10

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Neptune Energy Announces Gas Discovery in the Kyrre Prospect, Confirming Volumes for the Ofelia Evaluation Well.

Neptune Energy and its partners have announced a new discovery in the Kyrre prospect and confirmed the volumes for the Ofelia evaluation well, both located in license PL 929, near the Gjøa field, in the Norwegian sector of the North Sea. Neptune has successfully completed the evaluation well of Ofelia, 35/6-4 ST2, in the Agat formation. The estimated recoverable volume is in the range of 16-33 million barrels of oil equivalent (mmboe).

Additionally, the sidetrack 35/6-4 A was drilled in the overlying Kyrre prospect, resulting in a new gas discovery. The estimated recoverable resources are between 11-19 mmboe of gas, raising the total recoverable volume from both discoveries to approximately 27-52 mmboe. The new gas find represents a significant advance for the energy industry in the region.

Gas Discovery in the Greater Gjøa Strengthens Development Potential

The CEO of Neptune Energy for Norway and the UK, Odin Estensen, emphasized: ‘Confirming the volume of Ofelia, as well as making another gas find nearby, further strengthens our understanding of the Greater Gjøa area, which is an important growth hub for our business in Norway. The dual discoveries enable potentially fast, low-cost, and low-carbon development.’

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Platform Operated by Neptune Energy

The wells 35/6-4 ST2 and 35/6-4 A were drilled by the Deepsea Yantai, a semi-submersible platform owned by CIMC and operated by Odfjell Drilling.

The project partners include operator Neptune Energy (40%), Wintershall Dea (20%), Pandion Energy (20%), Aker BP (10%), and DNO (10%)

Drilling Activity Europe

Source: AtCoMedia. Inc

Neptune Announces Major Gas Discovery in the North Sea: Neptune Energy Reveals New Gas Reserve.

Neptune Energy Announces Gas Discovery in the Kyrre Prospect, Confirming Volumes for the Ofelia Evaluation Well.

Gas Discovery in the Greater Gjøa Strengthens Development Potential

Platform Operated by Neptune Energy

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Neptune Announces Major Gas Discovery in the North Sea: Neptune Energy Reveals New Gas Reserve.

Neptune Energy Announces Gas Discovery in the Kyrre Prospect, Confirming Volumes for the Ofelia Evaluation Well.

Gas Discovery in the Greater Gjøa Strengthens Development Potential

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