Neptune Energy completes final well campaign on Fenja field

25/07/2022

Neptune Energy today announced the safe and successful drilling of four development wells on the operated Fenja field in the Norwegian Sea, in preparation for production start-up.

This marks an important milestone in the development of Fenja, which is scheduled to come on stream in the first quarter of 2023 and will produce approximately 28,000 barrels of oil equivalent per day (boepd) at plateau.

Operated by Neptune Energy, the Fenja development consists of two subsea templates tied back to the Njord A platform via a production pipeline, water and gas injection pipelines and an umbilical. The wells consist of two oil producers, one water injector and a gas injector. The gas injector will be converted to a gas producer towards the end of field life.

Neptune Energy's Director of Projects & Engineering in Norway, Erik Oppedal, said: "The completion of the drilling campaign on the Fenja field represents the final step of the development project and we are now ready for production start-up. This region of the Norwegian Sea is a strategically-important growth area for Neptune, with high prospectivity."

Earlier this summer, Equinor, on behalf of Neptune, successfully pulled in the Fenja risers and dynamic umbilical to the host platform, Njord A, which is now back on the field. Final tie-in activities will be completed shortly and all subsea facilities are ready. Fenja has been developed with an electrically trace-heated (ETH) pipe-in-pipe solution that will transport oil from the Fenja field to the Njord A platform. At 37 kilometres, it is the world's longest ETH subsea production pipeline.

The Fenja oil and gas field is situated at a water depth of 325 metres, around 36 kilometres southwest of the Equinor-operated Njord A platform. Neptune holds a 22.5% owner share in Njord A which is located 120 kilometres north of Kristiansund.

The wells were drilled by the Deepsea Yantai, a semi-submersible rig, operated by Odfjell Drilling.

Fenja partners: Neptune Energy (Operator, 30%), Vår Energi (45%), Suncor Energy (17.5%), DNO (7.5%)

For media inquiries:
Liv Jannie Omdal
+47 97 66 71 37
[email protected]

About Neptune Energy Norge AS
Neptune Energy Norge is a subsidiary of Neptune Energy. The company is the operator of the Gjøa field in the North Sea. It recently opened up two new subsea fields, Duva and Gjøa P1, tied back to the Gjøa platform. Neptune is the operator of the development project Fenja in the Norwegian Sea, and is partner in several producing fields, amongst these are Snøhvit, Gudrun, Njord and Fram. Neptune Energy Norge is a participant in a total of 81 licences. For the full year 2021, Neptune produced 46 kboepd in Norway.

About Neptune Energy Group
Neptune Energy is an independent global E&P company with operations across Europe, North Africa and Asia Pacific. The business had production of 130,000 net barrels of oil equivalent per day in 2021 and 2P reserves at 31st December 2021 of 604 million barrels of oil equivalent. Neptune aims to store more carbon than is emitted from its operations and the use of its sold products by 2030. The Company, founded by Sam Laidlaw, is backed by CIC and funds advised by Carlyle Group and CVC Capital Partners.
More information: www.neptuneenergy.com