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. […]

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 […]