Neptune Energy and its companions within the Dugong licence as we speak introduced drilling has commenced on the Dugong appraisal effectively, situated within the Norwegian sector of the North Sea.
The effectively is being drilled by the Deepsea Yantai, a brand new semi-submersible rig owned by CIMC and operated by Odfjell Drilling.
The Neptune-operated Dugong discovery, in Production Licence 882, was one of many largest discoveries on the Norwegian Continental Shelf in 2020. Neptune estimates recoverable assets to be between 40 – 120 million barrels of oil equal (boe).
Neptune Energy’s Managing Director in Norway, Odin Estensen, mentioned: “Thanks to a collaborative method between Neptune, our licence companions and key contractors, we’re progressing with the Dugong undertaking at tempo and have reached one other necessary milestone.”
“This thrilling new discovery is situated near present infrastructure and has the potential to change into a brand new core development space for Neptune in Norway. The ongoing exercise underlines our dedication to investing within the area and to rising our presence in Norway.”
Dugong is situated 158 kilometres west of Florø, Norway, at a water depth of 330 metres, and is near the prevailing manufacturing amenities of the Snorre subject. The reservoir lies at a depth of three,250 – three,400 metres.
Neptune Energy’s Director of Subsurface in Norway, Steinar Meland, mentioned: “The essential goal of the appraisal effectively is to gather the info obligatory to assist present certainty associated to the reservoir, construction and recoverable assets, so the partnership can optimise the event answer.
“Data from this effectively may also present precious data to assist de-risk extra exploration and growth alternatives within the licence and within the surrounding space.”

Neptune and the Dugong companions plan to drill an exploration effectively within the licence within the third quarter of 2021, focusing on the Dugong Tail prospect.
Dugong licence-partners: Neptune Energy (operator and 45%), Petrolia NOCO (20%), Idemitsu Petroleum Norge (20%) and Concedo (15%).
(Source: Neptune Energy – Image: Deepsea Yantai/zip.information)

The put up NEPTUNE ENERGY COMMENCES APPRAISAL DRILLING AT DUGONG OFFSHORE NORWAY appeared first on Energy Global News.

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