• Natural Gas News

    Neptune reports Hamlet find off Norway

Summary

The company cautioned that it was too early to say whether the find was commercial in size.

by: NGW

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Complimentary, Natural Gas & LNG News, Europe, Corporate, Exploration & Production, News By Country, Norway

Neptune reports Hamlet find off Norway

Neptune Energy reported on March 21 the discovery of hydrocarbons at the Hamlet well in the Norwegian North Sea.

The well tapped into a reservoir at the Gjoa licence, operated by Neptune with a 30% interest. Logs encountered hydrocarbons and a decision was made to initiate coring. Neptune cautioned that it could not yet confirm whether commercial volumes of hydrocarbons were present, adding that a side-track well might be drilled to further define the extent of the discovery.

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The Hamlet well was spudded 58 km west of Floro, Norway, in waters 358 m deep. Neptune noted that the borehole was located within one of the company's core areas, close to existing infrastructure.

Other partners in the Gjoa licence include Petoro with 30%, Wintershall Dea with 28% and OKEA with 12%.