News Oil & Gas

Neptune awarded four new licences in Gjøa area

Neptune Energy was today awarded four new licences, three as operator, located close to existing infrastructure in the Gjøa area of the Norwegian North Sea. SUSTAINABLE The award comprises PL1213 S (40% and operator), PL1211 and PL1219 (each 50% and operator) and PL1217 (20% and partner). Neptune is the operator of the Gjøa platform which serves […]

News Oil & Gas

Neptune finds oil at Ofelia exploration well

Neptune Energy has discovered commercial oil at the Ofelia exploration well in PL929, confirming the high prospectivity potential around the Gjøa platform in the Norwegian North Sea.   ESTIMATES The company said it had completed drilling Ofelia well 35/6-3 S and encountered oil in the Agat formation. “The preliminary estimate of recoverable volume is in […]

News Oil & Gas

Neptune increases production from Gjøa

Neptune Energy today announced that production from 2020 to 2021 increased by two million barrels of oil equivalents (boe) from its operated Gjøa platform in the Norwegian North Sea. PRODUCTION The company said that gross production over the Gjøa platform ended on 42 million boe in 2021, compared with 40 million boe in 2020. A […]