Gjøa expansion startup gets green light

Dec. 18, 2020
Neptune Energy has been granted consent from the Norwegian Petroleum Directorate for startup of a subsea installation with two new wells on Gjøa oil and gas field in North Sea Production License 153.

Neptune Energy has been granted consent to start production from two new subsea wells in Gjøa field, PL153, in the North Sea off the coast of Florø. The new wells will add an estimated 2.4 million std cu m oil equivalent (15 million boe) from Gjøa. Startup is expected in January 2021.

The new wells are part of Gjøa’s P1 segment. P1 is one of seven segments in the field. A four-slot well template was put into place and the two wells were drilled and linked to P1. In addition to enabling recovery of oil and gas by drilling new wells in deeper-lying reservoirs, the Gjøa P1-segment will extend the operating life of the platform, said Erik Oppedal, Neptune Energy’s director of projects and engineering in Norway.

The project cost about NOK 4 billion ($460 million).

Neptune Energy is operator in PL153 (30%) with partners Petoro AS (30%), Wintershall DEA Norge AS (28%), and OKEA ASA (12%).