Neptune Energy is moving ahead with a side-track well to help assess the size of its newly-announced Dugong discovery.
Last week the private equity-backed operator confirmed hydrocarbons at the site off Norway.
Partner Petrolia has now issued a short statement on the Oslo stock exchange confirming a side-track will be drilled.
It said: “The licence has decided to drill a side-track well to further evaluate the size of the discovery.”
Work is likely to begin next week, according to operator Neptune Energy.
Dugong is located 158 kilometres west of Florø, Norway, at a water depth of 330 metres, and is close to the existing production facilities of the Snorre field. The reservoir lies at a depth of 3,250 – 3,400 metres.
The well was drilled by the Deepsea Yantai, a new semi-submersible rig, owned by CIMC and operated by Odfjell Drilling and the same vessel will drill the side-track.
Neptune Energy is operator with a 40% stake, partnered with Concedo (20%), Petrolia NOCO (20%), and Idemitsu Petroleum Norge (20%).