Neptune brings Norway's Duva field on stream
Neptune Energy has launched production at the Duva oil and gas field in the Norwegian North Sea, the company announced on August 23, estimating that the project will yield 30,000 barrels of oil equivalent/day at full capacity.
Neptune and its partners Idemitsu, PGNiG and Sval Energi got the all-clear from Norwegian authorities to bring Duva online in late July. With some 71mn barrels of oil equivalent in reserves, of which 56% is natural gas, the field will be developed with four wells tied back to the Neptune-operated Gjoa platform. Three of the wells will flow oil and the fourth gas.
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"The start-up of Duva further strengthens Neptune's position in the northern part of the North Sea, a strategically important growth area for the global business," Neptune said in a statement.
Duva is expected to flow for a decade, supporting extended use of the Gjoa platform. Neptune also started production at the Gjoa P1 redevelopment in February this year, which will also support throughput at Gjoa. In Indonesia, it also brought on stream the Merakes project in April.
Like a growing number of Norwegian shelf installations, Duva is supplied with hydroelectric power from the shore to reduce its emissions. Neptune estimates the project's CO2 emissions/barrel of oil equivalent at less than half the average for the Norwegian shelf.
Neptune operates Duva with a 30% interest, while Idemitsu and PGNiG also have 30% each and Sval Energi has 10%.