Neptune Energy increases production from Gjøa platform

Neptune Energy has announced that the production from its operated Gjøa platform in the Norwegian North Sea increased by two million barrels of oil equivalents (boe) from 2020 to 2021. Gross production over the Gjøa platform ended at 42 million boe in 2021, compared with 40 million boe in 2020. 76% of the production was gas, all of which is exported through the FLAGS pipeline to the St. Fergus Gas Terminal in the UK.

The increased production was due mainly to production start-up from the Gjøa P1 infill development in February and the Duva field tie-back in August. In addition, production from the tie-back field Vega, operated by Wintershall Dea, and the Gjøa field itself, has been better than expected. Estimated reserves on the Gjøa field have increased by 38% since the Plan for Development and Production was approved in 2007.

Electrified with hydropower from shore, carbon emissions from the Gjøa platform are 3kg CO2/boe, less than half the average on the Norwegian Continental Shelf.

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