Neptune Energy and its licence partners have announced the discovery of oil and gas at the Calypso exploration well, located in production license PL938, in the Norwegian Sea.
Using the Deepsea Yantai, a GM4D harsh environment design semi-submersible rig, Calypso was drilled to a vertical depth of 3,496m.
The well encountered an estimated 8m gas column and 30m oil column in a 131m Garn Formation sandstone reservoir, of good to very good quality.
The Calypso discovery marks the UK-based independent oil and gas company’s third discovery on the Norwegian Continental Shelf in the last six months.
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