News Oil & Gas

Neptune confirms new discovery at Calypso

Neptune Energy has announced a new discovery at the Calypso exploration well (PL938) in the Norwegian Sea. ESTIMATES The company added that preliminary estimates were between one and 3.5 million standard cubic metres (MSm3) of recoverable oil equivalents, corresponding to six to 22 million barrels of oil equivalent (boe). Calypso is Neptune’s third discovery in […]

News Oil & Gas

Neptune finds hydrocarbons in Calypso

Neptune Energy reported that logs had proved the presence of hydrocarbons in the Calypso exploration well within licence PL938 in the Norwegian Sea. EARLY STAGES Project partners comprise Neptune as operator (30%), OKEA ASA (30%), Pandion Energy AS (20%) and Vår Energi ASA (20%). The companies will now consider gathering additional data of the reservoir. […]