Neptune Energy begins production from Duva field in North Sea

Neptune Energy begins production from Duva field in North Sea

26 Aug 2021

Neptune Energy and its partners have commenced production from the Duva oil and gas field in the Norwegian sector of the North Sea.

The production has been started after the project partners received start up consent for the Duva development from the Norwegian authorities in July this year.

Consisting of three oil producers and one gas producer, Duva is developed as a subsea installation that is tied back to the Neptune Energy-operated Gjøa semi-submersible platform. The project involved an investment of NOK5.1bn (US$570m).

According to the company, Duva was implemented in parallel with the Gjøa P1 development, which started production in February this year, to maximise efficiency.

Located 14km north east of the Gjøa field at a water depth of 340 metres, Duva is estimated to contain total reserves of 71m barrels of oil equivalent (boe), of which 56% is gas.

The Duva project is expected to add approximately 30 thousand barrels of oil equivalent per day (kboepd) to the Gjøa facility. Discovered in 2016, the plan for development and operation (PDO) of the Duva field was approved in 2019.

With operations across the North Sea, North Africa and Asia Pacific, Neptune Energy had production of 142,000 net barrels of oil equivalent per day in 2020 and 2P reserves of 601m barrels of oil equivalent as of 31 December last year.

For more information please visit EICDataStream.

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