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. […]
Tag: Neptune Energy
Neptune spuds Calypso exploration well
Neptune Energy has started drilling on the Calypso exploration well within the Neptune-operated PL938 licence in the Norwegian Sea. CALYPSO PROSPECT The Calypso prospect lies 14km northwest of the Draugen field and 22km northeast of the Njord A platform, within one of the company’s core areas on the Norwegian continental shelf. Neptune said that in […]
Neptune awarded gold standard for emissions target
Neptune Energy has been awarded Gold Standard status by the United Nation’s Environmental Programme (UNEP), for its plans to reduce methane emissions to net zero by the end of the decade. METHANE The Oil and Gas Methane Partnership 2.0, a voluntary initiative launched by the UNEP, gave the award which was featured in the UN’s […]
Neptune to increase oil production at Römerberg
Neptune Energy has been allowed to increase oil production by up to three times the current limit of 3,700 barrels of oil equivalent per day (boepd) at the Römerberg oil field in the Rhine Valley, southwest Germany. APPLICATION The move follows approval from the Rhineland-Palatinate mining authority to raise the production limit. The decision supports […]
Neptune awards $53m contract to CHC
Neptune Energy awarded a $53 million contract to CHC Helicopters to optimise flight schedules and reduce emissions for offshore transport in the Dutch North Sea. AGREEMENT CHC will provide regular transport to and from the 29 offshore platforms in the Netherlands. The contracts are part of a longer term alliance agreement with CHC which will […]
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 […]