Neptune Energy to increase production in Germany

Neptune Energy Group Ltd. will increase production at Römerberg oil field in the Rhine Valley, southwestern Germany, after receiving approval from the State Mining Authority for Rhineland-Palatinate.

Production will increase by up to three times the current limit of 3,700 boe/d. The increase comes as Germany looks to shore up domestic energy security and supports the operator’s investment strategy for Römerberg field and its wider German business portfolio. Neptune is currently drilling the ninth production well on the field, which is due to come onstream in this year’s fourth quarter (OGJ Online, Aug. 18, 2022).

“The decision by the mining authority enables Neptune to mature our full-field development plans for the Römerberg oil field, including significant investment in surface facilities to support higher production rates, upgrade water treatment and reduce emissions associated with flaring,” said Neptune Energy’s managing director in Germany, Andreas Scheck.

The approval comes on the heels of a permit allowing Neptune to continue increased gas production from Duva oil and gas field in the Norwegian North Sea for supply to the UK this winter (OGJ Online, Oct. 6, 2022).

Neptune has been working for more than 6 years on the application to increase the production limit at Römerberg, which included a comprehensive environmental impact assessment and public consultation.

Neptune Energy is operator at Römerberg (50%) with partner Palatina GeoCon (50%).