Neptune Energy starts drilling campaign at Fenja field offshore Norway

AI Summary

UK-based offshore operator Neptune Energy has announced the start of a drilling campaign on the Fenja field offshore Norway, following spudding of the first well.

Fenja is the first operated development project on the Norwegian Shelf by Neptune. It is estimated to contain 97m barrels of oil equivalent (boe) and will deliver approximately 40,000 boe per day at peak.

The Fenja oil and gas field includes the Pil and Bue oil discoveries in production license PL586, located in blocks 6406 / 11 and 12 of the Norwegian North Sea. The license is jointly owned by Neptune Energy Norge (30%), Var Energi (45%), Suncor Energy Norge (17.5%) and DNO North Sea (7.5%).

Neptune Energy Norway Projects and Engineering director Erik Oppedal said: “Sunday’s drilling start-up represents an important milestone in the project. The aim of these first geo-pilots is to gain a better understanding of the reservoir and to optimise the location of the production wells.

“As our first operated development in the Norwegian North Sea, Fenja is an exciting project for Neptune and underlines the importance of the region to our geographically-diverse business.”

The field will be developed as a subsea tie-back to the Equinor-operated Njord A platform, which is 36km away from Pil and Bue discoveries.

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