Neptune Energy confirms significant discoveryChristian Fernsby ▼ | August 4, 2020
Neptune Energy and its partners announced the commercial discovery of oil in the Dugong well (PL882) in the Norwegian sector of the North Sea, the largest discovery in Norway so far this year.
Discovery Neptune Energy
In addition, the Dugong discovery has significantly derisked another prospect in the licence estimated by Neptune 5.2 million standard cubic meters (MSm3) of recoverable oil equivalent.
This brings Neptune’s estimate of the total resource potential in PL882 to as much as 153 million boe. ■