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

Be the first to react!

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.’

ARTICLE CONTINUES BELOW

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

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Australia prepares to dredge 96.5 million m³ in Moreton Bay to deepen, widen, and realign channels of the Port of Brisbane, in a project of up to 25 years designed to accommodate larger ships and enhance maritime safety and regional port efficiency.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

Cristiano Ronaldo builds a billion-dollar mansion in Portugal with 54,000 square feet, a 3-acre plot facing the Atlantic, private spa, indoor and outdoor pools, and an estimated value of an impressive R$ 385 million.

The bridge that collapsed in seconds after being hit by a ship in Baltimore will be reborn as a cable-stayed bridge: Maryland signed $4.8 billion in four contracts for a 508-meter span specifically designed to withstand the impact of a giant cargo ship.

End of the tape measure, marking line, and subfloor error: robot prints the project directly on the construction site floor, creates layout up to 10 times faster, and marks 10,000 to 15,000 square feet per day with one person.

While historical buildings rely on artificial lighting, a museum in Wisconsin uses 66-meter movable wings to control natural light and create the effect of a giant bird over its glass hall.

While Brazilian stadiums take weeks to change the turf, the Santiago Bernabéu in Madrid stores six trays of 1,500 tons in less than five hours and transforms the field into a stage, increasing revenue and event capacity.

While stadiums in Brazil need hours to cover the field, Tottenham in London transforms a 9,000-ton natural grass field into an NFL arena in just 25 minutes with unprecedented technology.

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

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

Australia prepares to dredge 96.5 million m³ in Moreton Bay to deepen, widen, and realign channels of the Port of Brisbane, in a project of up to 25 years designed to accommodate larger ships and enhance maritime safety and regional port efficiency.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Spain installs two giant pipelines 2.2 km off the coast to draw water from the Mediterranean and supply a megafacility capable of producing 200 million liters of drinking water per day.

Cristiano Ronaldo builds a billion-dollar mansion in Portugal with 54,000 square feet, a 3-acre plot facing the Atlantic, private spa, indoor and outdoor pools, and an estimated value of an impressive R$ 385 million.

Farmer drills well in Ceará in search of water, accidentally finds crude oil and sees million-dollar discovery hindered by a rule that completely changes the future of the site.

Family finds oil on a 49-hectare site in Ceará, but exploration has no timeline or guarantee of happening

When drilling an artesian well, a farmer wanted water but found oil: ANP confirms that the dark liquid found by a farmer on a site in Ceará is crude oil.

European stocks rise with oil drop after Trump’s remarks on Iran as investors monitor global tension

While the Brazil-Peru rail has been under study for 11 years, China-Brazil unlock the $18.5 billion bi-oceanic corridor Manaus-Chancay to challenge the Panama Canal

The bridge that collapsed in seconds after being hit by a ship in Baltimore will be reborn as a cable-stayed bridge: Maryland signed $4.8 billion in four contracts for a 508-meter span specifically designed to withstand the impact of a giant cargo ship.

End of the tape measure, marking line, and subfloor error: robot prints the project directly on the construction site floor, creates layout up to 10 times faster, and marks 10,000 to 15,000 square feet per day with one person.

While historical buildings rely on artificial lighting, a museum in Wisconsin uses 66-meter movable wings to control natural light and create the effect of a giant bird over its glass hall.

While Brazilian stadiums take weeks to change the turf, the Santiago Bernabéu in Madrid stores six trays of 1,500 tons in less than five hours and transforms the field into a stage, increasing revenue and event capacity.

While stadiums in Brazil need hours to cover the field, Tottenham in London transforms a 9,000-ton natural grass field into an NFL arena in just 25 minutes with unprecedented technology.