- Oil and gas company Neptune Energy has started production from the 11th well at its operated gas field in the North Sea.
- The tenth and 11th wells were drilled by Borr Drilling’s Prospector 1 jack-up rig.
On Thursday, 27 April 2023, Neptune Energy disclosed that production had kicked off from the 11th well at its operated Cygnus gas field in the southern North Sea, “unlocking much-needed additional supplies and supporting UK energy independence.” Neptune Energy is the operator of Cygnus with a 38.75 per cent stake, while its partner, Spirit Energy, holds the remaining 61.25 per cent interest.
Neptune Energy’s UK Country Director Alan Muirhead commented: “Cygnus plays an important role in supporting UK energy security and can supply around 6 per cent of the country’s gas demand. We’re taking steps to boost North Sea gas production, which reduces the UK’s reliance on less secure and more carbon-intensive imported energy supplies and supports the government’s aim of achieving energy independence by 2040.”
According to the company, the new well is expected to produce approximately 4,000 boepd, which is enough gas to heat about 200,000 UK homes. Along with the tenth well, which started production in February 2023, the Cygnus facility is expected to produce enough gas per day to meet the needs of around 1.9 million UK households. The tenth and 11th wells were drilled by Borr Drilling’s Prospector 1 jack-up rig.