Exploration/discoveries

Neptune Energy Begins Drilling Calypso Exploration Well

The well is targeting middle and lower Jurassic-aged reservoirs.

Semisubmersible Deepsea Yantai.
Semisubmersible Deepsea Yantai.

Neptune Energy has spudded its Calypso exploration well 6407/88 S in the Norwegian Sea utilizing semisubmersible Deepsea Yantai. The Calypso prospect is located 14 km northwest of the Draugen field and 22 km northeast of the Njord A platform, within the Neptune-operated PL938 license.

Calypso is positioned within one of Neptune’s core areas on the Norwegian Continental Shelf. In the event of a commercial discovery, Calypso could potentially be tied back to existing infrastructure.

The reservoir target is the middle and lower Jurassic formations and is expected to be reached at a depth of approximately 2960 m.

The drilling program comprises a main bore (6407/8-8 A) with an optional sidetrack (6407/8-8 S) based on the outcome of the exploration well.

Neptune Energy operates the well with a 30% working interest. Partners include OKEA ASA, 30%; Pandion Energy AS, 20%; and Vår Energi ASA, 20%.