Deepsea Yantai

Neptune Energy confirms hydrocarbons encountered at Calypso well

NEPTUNE Energy and its licence partners today announced that hydrocarbons have been encountered in the Calypso exploration well in the ...

Facebook
LinkedIn
X

NEPTUNE Energy and its licence partners today announced that hydrocarbons have been encountered in the Calypso exploration well in the Norwegian Sea, located within the Neptune-operated PL938 Licence.

Having entered the reservoir, logs proved the presence of hydrocarbons. Additional data gathering of the reservoir will now be considered.

The operations in the reservoir section remain at an early stage and it has yet to be confirmed if commercial volumes are present.

The Calypso prospect is located within one of Neptune’s core areas on the Norwegian Continental Shelf, 14 kilometres north-west of the Draugen field and 22 kilometres north-east of the Njord A platform.

Calypso is being drilled by the Deepsea Yantai, a semi-submersible rig owned by CIMC and operated by Odfjell Drilling.

Related Articles

Oil Rigs at Sunset
Aberdeen University research highlights West of Shetland oil reserves
Call to vote for local community projects supporting children’s access to healthy food
Aberdeen Cost of living funding supports over 25,000 people
Union Street ‘war zone for anti-social behaviour’ as police called almost 2,000 times in a year
Reports of potential North Sea asset deal between BP and Ithaca Energy
Lumsden says energy workers “caught between devil and deep blue sea” under SNP and Labour

Other Articles from ABN

Subscribe to our Daily Newsletter

Why? Free to subscribe, no paywall, daily business news digest.