North Sea Cara well wins innovation award

May 30, 2018
Neptune Energy’s Cara discovery in license PL636 in the Norwegian North Sea was awarded the Exploration Innovation prize at last week’s Recent Discoveries Conference in Oslo.

Offshore staff

OSLO, Norway – Neptune Energy’s Cara discovery in license PL636 in the Norwegian North Sea was awarded the Exploration Innovation prize at last week’s Recent Discoveries Conference in Oslo.

Cara was one of 10 nominees and one of three finalists, the others being the Kayak and Zumba wells.

Neptune’s team had set out to prove petroleum in a stratigraphic trap in the Early Cretaceous Agat formation, despite the fact that Norsk Hydro had drilled a dry well in the same license area in 2002.

In 2013-2014 the team identified and matured Cara to a drillable prospect integrating all available data, and the subsequent well, 36/7-4, drilled in summer 2016, encountered commercial volumes of oil and gas.

“The Cara discovery well is most likely a play opener as it has proven that Cretaceous sandstones can make up commercial target,” said Matthieu Vialla, Neptune’s exploration manager Northern Europe.

The discovery is 6 km (3.7 mi) northeast of the company’s Gjøa field center: the company plans further exploration on the license 636 and in surrounding blocks such as PL929, awarded under Norway’s APA 2017 round.

05/30/2018