Neptune adds reserves near Draugen field

Dec. 2, 2022
Neptune Energy preliminarily estimates that 6-22 MMboe of recoverable reserves were discovered at its Calypso exploration well on the Norwegian Continental Shelf.

Neptune Energy preliminarily estimates that 6-22 MMboe of recoverable reserves were discovered at its Calypso exploration well on the Norwegian Continental Shelf, 14 km northwest of Draugen field and 22 km northeast of Njord A platform in PL 938. As initial analysis of Calypso indicates commercial potential, the operator will study options to develop the discovery using nearby infrastructure.

Well 6407/8-8S was drilled by Odfjell Drilling’s Deepsea Yantai semi-submersible rig to a vertical depth of 3,496 m. Reservoir targets were middle and lower Jurassic formations (OGJ Online, Nov. 16, 2022). The well encountered an estimated 8-m thick gas column and 30-m thick oil column in a 131-m thick Garn formation sandstone reservoir of good to very good quality. Calypso is Neptune Energy’s third discovery in 6 months on the Norwegian Continental Shelf.

Neptune Energy is operator (30%) with partners OKEA ASA (30%), Pandion Energy AS (20%), and Vår Energi ASA (20%).

About the Author

Alex Procyk | Upstream Editor

Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University. He is a member of the Society of Petroleum Engineers (SPE).