Extractive Industries

Neptune begins infill drilling for tenth Cygnus well

Neptune Energy has begun work on the tenth gas well with an infill drilling campaign at its operated joint venture Cygnus gas field in the southern North Sea.

Incremental: Neptune is increasing natural gas supplies from its operated assets (Neptune – Propector 1)

GAS HEATING

Cygnus partners comprise Neptune as operator (38.75%) and Spirit Energy (61.25%).

The company said that the operation had the potential to unlock enough gas to heat an additional 200,000 UK homes per year from this winter.

Following completion in Q4 this year, the Cygnus gas facility will be capable of producing enough gas for approximately 2 million UK households, Neptune added.

EMISSIONS

Cygnus also has one of the lowest carbon intensities on the UKCS, at ~2kg of CO2/boe.

Drilling is by Borr Drilling’s Prospector 1 jack-up rig, equipped with technologies that reduce carbon and nitrogen emissions by up to 95%, and particle matter emissions by more than 85%.

DOMESTIC SUPPLIES

Neptune Energy’s UK country director Alan Muirhead said that the well would support “additional supplies of much-needed low carbon gas for UK households from this winter”.

“Domestic production has a crucial role in supporting UK energy security and Neptune has been working hard to incrementally increase natural gas supplies from its operated assets, including from Cygnus in the UK and from Gjøa in Norway, which is exported via the FLAGS pipeline to the St Fergus Gas Terminal in the North-East of Scotland.”

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