Neptune amends volume estimate for Dugong discovery

Oil and gas company Neptune Energy has reduced the upper range of its volume estimate for the Dugong discovery, located in the Norwegian sector of the North Sea, following an appraisal well drilling.

 

Neptune revealed it had found hydrocarbons in the Dugong exploration well back in July 2020.

 

By August 2020, Neptune’s Dugong well was dubbed one of the largest discoveries drilled in Norway last year.

 

The company started drilling the Dugong appraisal well at the beginning of March 2021, using the Deepsea Yantai, a new semi-submersible rig owned by CIMC and operated by Odfjell Drilling.

 

Source: Offshore Energy Today