Neptune Energy has started drilling on the Dugong Tail exploration well in the Norwegian sector of the North Sea.
DRILL PROGRAMME
Dugong was one of the largest discoveries on the Norwegian Continental Shelf last year.
The Dugong Tail is being drilled by the Deepsea Yantai, a semi-submersible rig, owned by CIMC and operated by Odfjell Drilling.
It is located within the Neptune-operated Dugong production licence 882.
Dugong Tail lies 120 km west of Florø, Norway, at a water depth of 320 metres, and is close to the existing production facilities of the Snorre field. The reservoir lies at a depth of 3,200 – 3,500m.
The drilling programme comprises a main bore with the potential for sidetracks, should hydrocarbons be encountered.
A recent drill stem test of Dugong has now been completed and is currently under evaluation.
PORTFOLIO
“Dugong Tail represents an important geophysical calibration point for the licence, with the potential to unlock further prospectivity in the region,” said Neptune’s director of exploration & development in Norway, Steinar Meland.
“This positive activity demonstrates Neptune’s commitment to investing in Norway, underlining the importance of the country to our global portfolio.”
PARTNERS
The project partners include Neptune Energy (operator and 45%), Petrolia NOCO (20%) and Idemitsu Petroleum Norge (20%) and Concedo (15%).
Neptune Energy has operations across the North Sea, North Africa and Asia Pacific.
The business had production of 142,000 net barrels of oil equivalent per day in 2020 and 2P reserves at 31 December 2020 of 601 million barrels of oil equivalent.