Britain’s Neptune Energy has made another oil and gas discovery near its Gjoea field in the Norwegian sector of the North Sea, its second such find this year.
The Ofelia discovery, located some 15 kilometres north of Gjoea production platform, is preliminarily estimated to hold between 16 million and 39 million barrels of oil equivalent (boe), Neptune said in a statement.
The discovery was made in the same geological formation, Agat, as the Hamlet find in May, and could potentially be tied back to Neptune’s Gjoea platform for production.
“The Ofelia discovery underlines the strength of our exploration strategy and confirms the high prospectivity potential of the area around Gjoea,” said Steinar Meland, Neptune’s head of exploration and development in Norway.
Neptune holds a 40% stake in the license where the Ofelia discovery was made. Wintershall Dea and Pandion Energy have 20% each, while Aker BP and DNO each have 10%.
Source: Reuters
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