News Oil & Gas

Neptune-Spirit bring 11th well on stream at Cygnus

Neptune Energy and its partner Spirit Energy today began production from the 11th well at its operated Cygnus gas field in the southern North Sea.

Steps: to boost North Sea gas production which supports the Government’s aim of achieving energy independence by 2040 (Neptune Energy)

SUPPLY

The new well is expected to produce approximately 4,000 boepd, enough gas to heat approximately 200,000 UK homes.

Together with the 10th well which came onstream earlier this year, the Cygnus facility is due to produce enough gas per day for 1.9 million UK households.

The 10th and 11th wells were drilled by Borr Drilling’s Prospector 1 jack-up rig.

Operator Neptune said that the Cygnus field continued to have one of the lowest carbon intensities on the UK Continental Shelf.

ENERGY SECURITY

“Cygnus plays an important role in supporting UK energy security and has the capacity to supply around 6% of the country’s gas demand,” added UK country director Alan Muirhead.

“We’re taking steps to boost North Sea gas production which reduces the UK’s reliance on less secure and more carbon intensive supplies of imported energy, and also supports the Government’s aim of achieving energy independence by 2040.”

Spirit chief executive Neil McCulloch said: “Spirit Energy is delighted to welcome first gas from the joint venture’s most recent investment in Cygnus, as gas continues to be a key energy source in the transition towards net zero.”      

The Cygnus partnership comprises Neptune with 38.75% and Spirit Energy owning 61.25%.