Neptune wraps up Fenja drilling campaign
Neptune Energy announced July 25 the completion of four development wells at its operated Fenja oil and gas project offshore Norway.
The Norwegian Sea deposit will arrive on stream in the first quarter of 2023 and is slated to produce around 28,000 barrels of oil equivalent/day at peak.
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Fenja's plan for development and operation was approved by Norwegian authorities in 2018. The deposit contains an estimated 100mn barrels of oil equivalent in recoverable resources.
Neptune will initially produce only oil from Fenja, which comprises two oil production wells, one water injector and one gas injector. Under current plans, Fenja's gas injector will be converted into a gas producer towards the end of the project's 16-year operating life.
Fenja is tied back to the platform at Neptune-operated Njord A. It consists of two subsea templates connected to the extraction platform via a production pipeline, water and gas injection pipelines and an umbilical.