Neptune proves oil, gas at Calypso offshore mid-Norway

Dec. 2, 2022
Neptune Energy has found hydrocarbons with its Calypso exploration well (PL938) in the Norwegian Sea.

Offshore staff

STAVANGER, Norway  Neptune Energy has found hydrocarbons with its Calypso exploration well (PL938) in the Norwegian Sea.

Early analysis indicates the find is commercial, with 6 MMboe to 22 MMboe recoverable. It is also the company’s third discovery in Norwegian waters over the past six months.

Odin Estensen, managing director for Norwegian and UK operations, said, “Together with our partners in the Calypso license [PL938], we will now study options to effectively develop the discovery using nearby infrastructure.”

Calypso is 14 km northwest of the Draugen Field, operated by license partner OKEA, and 22 km northeast of the Njord A platform.

The CIMC Deepsea Yantai semisubmersible, operated by Odfjell Drilling, drilled well 6407/8-8S to a vertical depth of 3,496 m, encountering an 8-m thick gas column and a 30-m thick oil column in a 131 m thick, good-quality Garn formation sandstone reservoir.

Other partners in the licenses are Pandion Energy and Vår Energi.

12.02.2022