Neptune, Partners Launch Norwegian Gjoa P1 Flow
Neptune Energy and its partners Petoro, Wintershall Dea and Okea have launched production at the Gjoa P1 redevelopment in the Norwegian North Sea, they announced on February 23.
The Gjoa field lies 50 km northeast of the Troll project and has been in production since 2010, flowing 2.34bn m3 of gas and around 28,800 b/d of oil and gas liquids last year. The P1 redevelopment involves the addition of a subsea template, hosting one oil and one gas well that will target deeper lying reservoirs. It will be tied back to existing infrastructure.
Gas flow began on February 22 and oil extraction will commence later this week, the developers said. Neptune operates Gjoa with a 30% interest, while Petoro also has 30%, Wintershall Dea 28% and Okea 12%.
"Despite the challenges of the pandemic, we delivered the project on time and on budget," Neptune's managing director in Norway, Odin Estensen, commented. "The start-up of Gjoa P1 underlines the Gjoa platform’s position as an important hub, increasing total remaining developed reserves at Gjoa by 30%."
Gjoa is now expected to yield 100mn barrels of oil equivalent more than was anticipated when the field first entered production. Neptune is preparing to launch another field Duva, which will be tied back to Gjoa, later this year.
Okea added it was considering other tieback options to the Gjoa platform, including the nearby Aurora gas discovery it acquired a 40% interest in from Equinor last year.