News Oil & Gas

Neptune awarded new licences in Norwegian North Sea

Neptune Energy has been granted two new licences in the Norwegian North Sea through the the Awards in Predefined Areas (APA) 2023. KEY OPPORTUNITIES The grant includes PL1180 (40% and operator) in the Gjøa area and PL1179 (15% and partner) in the Fram area. Both are close to existing infrastructure in areas where Neptune already […]

News Oil & Gas

Neptune starts oil production from Römerberg 6

Neptune Energy today reported first oil production from its operated Rӧmerberg 6 well in the city of Speyer, southwest Germany. PRODUCTION The company said that initial production tests indicated flow rates of up to 1,800 barrels of oil equivalent per day (boepd). Römerberg 6 is the ninth production well on the field and Neptune expects […]

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 […]