If the question was “to be or not to be”, Neptune Energy has answered in the former for its Hamlet discovery.
The North Sea find, confusingly based in Norway – not Denmark – has encountered hydrocarbons, around 35 miles west of Floro.
Hamlet is located within the Neptune Energy Gjoa licence.
The operations in the reservoir section are still at an “early stage” and it has “yet to be confirmed if commercial volumes are present,” the firm said.
A contingent side-track well may be drilled to “further define the extent of the discovery”.
Hamlet was drilled in a water depth of 358 metres and lies within one of Neptune’s core areas.
The well was drilled by the Deepsea Yantai, a semisubmersible rig owned by CIMC and operated by Odfjell Drilling.
Hamlet is owned and operated by Neptune with 30%, partnered with Petoro (30%), Wintershall Dea (28%) and OKEA (12%).
The well lies around five miles north of the Neptune-operated Gjoa field.
Earlier, Neptune said that in the event of a commercial discovery, the Hamlet prospect could be tied back to the Neptune-operated Gjøa platform and produced with less than half the average CO2 emissions on the Norwegian Continental Shelf.
When drilling kicked off in February, Director of Subsurface in Norway, Steinar Meland, said the well could “offer a short lead time from discovery to production, reduce costs and carbon emissions and help mature and replenish our current licenses”.
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