Neptune appraising North Sea Ofelia oil discovery

Oct. 3, 2023
The semisub Deepsea Yantai has spud an appraisal well on last year’s Ofelia discovery in the Norwegian North Sea.

Offshore staff

STAVANGER, Norway  The semisub Deepsea Yantai has spud an appraisal well on last year’s Ofelia discovery in the Norwegian North Sea.

Ofelia, in license PL 929, is 14 km north of the Neptune-operated Gjøa platform, with currently estimated recoverable reserves of 16 MMboe to 39 MMboe.

Neptune and partners Wintershall Dea, Pandion Energy and Aker BP aim to fully assess the potential in the lower Cretaceous Agat Formation and upside for gas in the shallower Kyrre Formation.

Steinar Meland, Neptune’s director of Subsurface in Norway, said Ofelia could be tied back to the Gjøa platform and produce at less than half the average carbon intensity of other fields on the Norwegian Continental Shelf.

Odfjell Drilling is operating the well. CIMC owns the Deepsea Yantai.

10/3/2023