The semisubmersible Deepsea Yantai is drilling the Dugong well in license PL 882. The location is 158 km (98 mi) west of Florø, Norway, in a water depth of 330 m (1,082 ft), and close to the Snorre field production facilities.
Once the well had entered the reservoir, at a subsurface depth of 3,250-3,400 m (10,663-11,155 ft), logs and cuttings identified hydrocarbons and the partners have decided to initiate coring.
A contingent side track may follow to help define the extent of the discovery.
Neptune Energy operates with a 40% interest, in partnership with Concedo (20%), Petrolia NOCO (20%), and Idemitsu Petroleum Norge (20%).