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  • Neptune Energy commences Seagull drilling campaign
    édité le 28/01/2021 - Plus de news de "Neptune Energy" - Voir la fiche entreprise de "Neptune Energy"


Neptune Energy commences Seagull drilling campaign
Neptune Energy and its joint venture partners bp and JAPEX, announced drilling has commenced on the Seagull project in the UK Central North Sea.

The Gorilla VI (JU-248) jack-up rig, operated by Valaris, will drill four wells for the development over the course of the drilling campaign which is expected to last 18 months.

Neptune Energy’s UK Managing Director, Alexandra Thomas, said: “In late 2020, we successfully completed the first subsea construction phase for the Seagull project, that underpins Neptune’s further growth on the UKCS.

“Thanks to a collaborative approach between Neptune, our partners bp and JAPEX and key contractors, we are progressing with the project at pace and have reached another important milestone.

“Seagull is expected to produce 50,000 boe per day (gross) and will make a significant contribution to both UK MER and energy security, as well as supporting local supply chains.”

Seagull is a high pressure, high temperature (HPHT) development on UK licence P1622 Block 22/29C, 17km south of the bp-operated ETAP Central Processing Facility (CPF). Proved plus probable gross reserves are estimated at 50 million boe.

The development will be tied back to the ETAP CPF, partially utilising existing subsea infrastructure. Gas from the development will come onshore at the CATS processing terminal at Teesside, while oil will come onshore through the Forties Pipeline System to the Kinneil Terminal at Grangemouth.

Neptune is the operator of Seagull and has a 35% equity interest. Its joint venture partners are bp with 50% and JAPEX with 15%.

About Neptune Energy Group

Neptune Energy is an independent global E&P company with operations across the North Sea, North Africa and Asia Pacific. The business had production of 144,000 net barrels of oil equivalent per day in 2019 and 2P reserves at 31st December 2019 of 633 million barrels of oil equivalent. The Company, founded by Sam Laidlaw, is backed by CIC and funds advised by Carlyle Group and CVC Capital Partners.

About Valaris

Valaris plc (NYSE: VAL) is the industry leader in offshore drilling services across all water depths and geographies. Operating a high-quality rig fleet of ultra-deepwater drillships, versatile semisubmersibles, and modern shallow-water jackups, Valaris has experience operating in nearly every major offshore basin. With an unwavering commitment to safety and operational excellence, and a focus on technology and innovation, Valaris was rated first in total customer satisfaction in the latest independent survey by EnergyPoint Research - the ninth consecutive year that the Company has earned this distinction. Valaris plc is an English limited company (England No. 7023598) with its corporate headquarters located at 110 Cannon Street, London EC4N 6EU.


Origine : Communiqué Neptune Energy

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