Neptune’s revised estimate of the indicative recoverable resources is 40 – 108 million boe, which will be subject to further detailed analysis and review. A drill stem test on the well is planned at a later stage.
The discovery will be linked to nearby infrastructure or developed as a stand-alone development. Dugong is located 158 km west of Florø, Norway, at a water depth of 330 m, and is close to the existing production facilities of the Snorre and Statfjord fields. The reservoir lies at a depth of 3250 – 3500 m. The primary appraisal target for the well 34/4-16 S was to delineate the discovery made in the Rannoch formation in well 34/4-15 S and 34/4-15 A.
The Dugong licence partners are Neptune Energy (operator and 45%), Petrolia NOCO (20%), ?Idemitsu Petroleum Norge (20%) and Concedo (15%).
Read the article online at: https://www.oilfieldtechnology.com/exploration/29032021/updated-volume-estimate-confirmed-for-dugong-discovery/