News | February 20, 2020

Neptune Energy Brings New Well Into Production In Dutch North Sea

Neptune Energy today announced first gas from the new L5a-D4 well in the deepest producing gas field of the Dutch North Sea, demonstrating the company’s commitment to boosting offshore gas production in the Netherlands.

L5a-D4 is a high pressure, high temperature well located in the L5a-D field, around 100 kilometres North of Den Helder, and tied back to the Neptune-operated L5a-D platform. It was tapped at a depth of 5.5 kilometres.

Neptune’s managing director for the Netherlands, Lex de Groot, said: “We continue to seek opportunities to grow our business in the Netherlands and to enhance our offshore gas production. Dutch offshore natural gas remains hugely important for heating Dutch homes.

“Production of Dutch natural gas also contributes directly and indirectly to the Dutch economy and produces 30% lower CO2 emission than imported gas.”

Today’s announcement follows the successful drilling of the E17a-A6 well, located almost 160 kilometres from Den Helder, which was brought on stream in October last year.

L5a-D platform: Neptune Energy (operator, 60%), EBN (partner, 40%)

About Neptune Energy Group
Neptune Energy is an independent global E&P company with operations across the North Sea, North Africa and Asia Pacific. The business had production of 162,000 net barrels of oil equivalent per day in 2018 and 2P reserves at 31st December 2018 of 638 million barrels of oil equivalent. The Company, founded by Sam Laidlaw, is backed by CIC and funds advised by Carlyle Group and CVC Capital Partners. For more infroamtion, visit www.neptuneenergy.com.

Source: Neptune Energy