NEPTUNE ENERGY ENCOUNTERS HYDROCARBONS AT CALYPSO WELL IN THE NORWEGIAN NORTH SEA

November 17, 2022

Neptune Energy and its licence partners announced that hydrocarbons have been encountered in the Calypso exploration well in the Norwegian Sea, located within the Neptune-operated PL938 Licence.
Having entered the reservoir, logs proved the presence of hydrocarbons. Additional data gathering of the reservoir will now be considered.
The operations in the reservoir section remain at an early stage and it has yet to be confirmed if commercial volumes are present.
The Calypso prospect is located within one of Neptune’s core areas on the Norwegian Continental Shelf, 14 kilometres north-west of the Draugen field and 22 kilometres north-east of the Njord A platform.
Calypso is being drilled by the Deepsea Yantai, a semi-submersible rig owned by CIMC and operated by Odfjell Drilling.
Partners: Neptune Energy (operator, 30%), OKEA ASA (30%), Pandion Energy AS (20%) and Vår Energi ASA (20%)
(Source: Neptune EnergyImage: Deepsea Yantai semi-submersible)