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Neptune Energy extends North Sea contract with Odfjell Drilling

© Supplied by Odfjell DrillingNeptune Energy North Sea oil
The Deepsea Yantai rig.

Neptune Energy has extended a contract for Odfjell Drilling’s Deepsea Yantai drilling rig.

The scope of work includes three additional wells in the Norwegian North Sea, due to be spudded next year.

A semi-submersible, the Deepsea Yantai is currently drilling the production wells at the Neptune-operated Fenja field in the Norwegian Sea.

The extension will include one additional well at the Fenja field and two exploration wells within core areas of the Norwegian sector.

Neptune also has the option to include additional wells under the current contract.

Situated about 75 miles north of Kristiansunds, Fenja lies at a water depth of 325 metres.

It is around 22 miles south west of the Equinor-operated Njord A platform, which will receive fluids from the field.

Neptune Energy holds a 30% operated interest in the project, with the remaining stakes held by partners Vår Energi, (45%), Suncor Energy (17.5%) and DNO (7.5%).

The company also has a 22.5% share in Njord A.

Fenja was approved in April 2018, with subsea infrastructure laid in 2019.

A drilling campaign by the West Phoenix rig was carried out in 2020, with top holes and geopilots drilled in the Fenja reservoirs.

Neptune Energy’s managing director for Norway, Odin Estensen, said: “The extension of the contract for the Deepsea Yantai plays a vital role in our busy drilling program for next year, including both development and exploration drilling in our core areas with a clear ambition to further grow our business on the Norwegian Shelf.”

The Deepsea Yantai, owned by CIMC Raffles, has been operating for Neptune Energy in Norway since November 2019.

This includes completion of the appraisal and production wells at the two new Gjøa P1 and Duva fields, and several exploration wells including the Dugong discovery last year.

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