Ofelia, drilled by the Deepsea Yantai, will then work in parallel with the company’s recent oil and gas discovery at Hamlet. The Ofelia drilling program has confirmed an oil/water contact at 8658 feet total vertical depth. Located less than 10 miles north of the Gjøa field at a depth of over 1120 feet, Ofelia is being considered for development as a tie-back to the Gjøa semi-submersible platform. This comes days after Neptune announced it had begun drilling on the 10th well on the Cygnus field. North of the well there is a potential upside of around 10 mmboe recoverable gas in the shallower Kyrre formation, which Neptune said brings the total recoverable volume to approximately 26-49 mmboe. Neptune has completed drilling of the Ofelia well and said it has encountered oil in the Agat formation. The preliminary estimate of recoverable volume is in the range of 16-39 million barrels of oil equivalent (mmboe). London-based Neptune Energy announced a new commercial oil discovery at the Ofelia exploration well, near the Gjøa field in Norway. Loading Spinner An icon of a loading spinner. Success Tick Timeout An icon of a greyed out success tick. Information An icon of an information logo. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Video Camera An icon of a video camera shape. Previous An icon of an arrow pointing to the left. Notice An explanation mark centred inside a circle. Next An icon of an arrow pointing to the right. Hamburger Menu Icon An icon used to represent a collapsed menu. Search Icon A magnifying glass icon that is used to represent the function of searching. Magnifying Glass An icon of a magnifying glass. Comments An icon of a speech bubble, denoting user comments. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Breaking An icon of an exclamation mark on a circular background.

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Neptunes gas