Neptune Energy Hits Hydrocarbons at Calypso Well Off Norway

Published

Deepsea Yantai - Credit: Neptune Energy
Deepsea Yantai - Credit: Neptune Energy

Oil and gas company Neptune Energy said Wednesday it had found hydrocarbons in the Calypso exploration well in the Norwegian Sea. The well is located within the Neptune-operated PL938 license.

"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," Neptune Energy said. 

Neptune said the Calypso prospect was located within one of Neptune’s core areas on the Norwegian Continental Shelf, 14 kilometers north-west of the Draugen field and 22 kilometers 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. 

Partners in the project are Neptune Energy (operator, 30%), OKEA ASA (30%), Pandion Energy AS (20%) and Vår Energi ASA (20%)

Current News

Ndungu Full-Field Starts Up Offshore Angola

Ndungu Full-Field Starts Up Of

Norway's 2025 Oil Output Climbs to Highest Level Since 2009

Norway's 2025 Oil Output Climb

AKOFS Offshore Inks New Vessel Deal with Petrobras

AKOFS Offshore Inks New Vessel

UK Trade Body Challenges Government View on North Sea Gas Decline

UK Trade Body Challenges Gover

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine