Neptune has been unsuccessful with its exploration well 6507/8-10 S, spudded on 21 March 2020 using the "West Phoenixâ S/S. The well, located in PL 889 approximately 10 km east of Heidrun and 15 km east of Canela, targeted the Grind prospect which had Lower Jurassic Tilje and Are Formation objectives. TD was reached at 2,399 m (2,311 m TVDSS - around 70 m shallower than planned) in the Are Formation. Both the Tilje (150 m thick) and Are formations (195 m thick) were present and contained good quality sandstones totalling around 100 m in each formation. However, no hydrocarbons were encountered and the well was abandoned as a dry hole on 23 April 2020.  Neptune had been expecting to encounter oil similar to that found at Heidrun. The key risk reported was migration. A sidetrack had also been planned in the event that the well was successful.  The Canela well, in PL 888 (block 6507/7), was drilled in late 2019 by DNO. It discovered a 52 m gas column in the Jurassic Garn, Not and Ile formations with 48 m of good sandstone, and there was a 4 m oil column in the Ile Formation. In the underlying Ile, Ror and Tilje formations there was a net total of 75 m of water-bearing sandstones. Recoverable reserves are estimated at 6-13 MMboe.  Equinor is progressing with its Heidrun Subsea Extension Phase II project which will increase production from Heidrun North Flank and tap into resources from the 2001 Alpha Horst discovery. Plans call for the installation of two new four-slot subsea templates with a total of five new wells (three water injectors and two producers) to be drilled initially. The project will aim to recover 21 MMboe, with Alpha Horst accounting for around 20% of these volumes. Equinor planned to make a financial investment decision by the end of 2019, with total investments expected to be around USD 350 million. Drilling operations are due to begin in 2022 with the project expected onstream in Q4 2022.   Neptune Energy Norge AS operates PL 889 with a 50% interest. It is partnered by Equinor Energy AS (20%), Wellesley Petroleum AS (20%) and Sval Energi AS (10%).
6507/08-10 S (Grind) nfw. (Neptune 50% op, Equinor 20%,  Wellesley 20%, Sval Energi 10%), 1st well in PL 889, E. of Heidrun,  P&A dry at TMD=2399m (Ãre fm). Targets Tilje + Ãre fm's. WD=324m. The well encountered the Tilje Fm with a thickness of about 150m, with sst totalling about 100m with good to very good reservoir quality. The Ãre Fm was encountered with a thickness of about 195m, with sst layers totalling around 100m with good to very good reservoir quality. No traces of petroleum were proven. 