Neptune Energy Acquires Interest In The Pegasus West Discovery
Neptune Energy today announced it has acquired a 38.75% equity interest from Spirit Energy in the Pegasus West discovery and surrounding acreage (P1724, P1727, P4257 and P2128) in the UK Southern North Sea.
Pegasus West was discovered in 2014 and is currently operated by Spirit Energy.
Entry by Neptune into the Pegasus West Area aligns interests in both the discovery and the Neptune-operated Cygnus gas facility (Neptune Energy 38.75% and operator, Spirit Energy 61.25%) enabling acceleration of the development of Pegasus West as a subsea tieback to the existing Cygnus field.
Neptune will work closely with Spirit Energy on front end engineering and design (FEED) studies in 2021 with the intention to reach a final investment decision by year end. Once sanctioned, Neptune would become operator of the development through to first gas and into production.
Neptune Energy acquires interest in the Pegasus West discovery
édité le 04/05/2021 - Plus de news de Neptune Energy - Voir la fiche entreprise de Neptune Energy
Neptune Energy announced it has acquired a 38.75% equity interest from Spirit Energy in the Pegasus West discovery and surrounding acreage (P1724, P1727, P4257 and P2128) in the UK Southern North Sea.
Pegasus West was discovered in 2014 and is currently operated by Spirit Energy.
Entry by Neptune into the Pegasus West Area aligns interests in both the discovery and the Neptune-operated Cygnus gas facility (Neptune Energy 38.75% and operator, Spirit Energy 61.25%) enabling acceleration of the development of Pegasus West as a subsea tieback to the existing Cygnus field.
Neptune Energy has acquired a 38.75% equity interest from Spirit Energy in the Pegasus West discovery and surrounding acreage (P1724, P1727, P4257 and P2128) in the UK Southern North Sea. Pegasus West was discovered in 2014 and is currently operated by Spirit Energy.
Neptune Energy acquires interest in the Pegasus West discovery 5/4/2021
Neptune Energy announced it has acquired a 38.75% equity interest from Spirit Energy in the Pegasus West discovery and surrounding acreage (P1724, P1727, P4257 and P2128) in the UK Southern North Sea.
A Neptune-operated Cygnus gas production facility. Photo: Neptune Energy
Pegasus West was discovered in 2014 and is currently operated by Spirit Energy.
Entry by Neptune into the Pegasus West Area aligns interests in both the discovery and the Neptune-operated Cygnus gas facility (Neptune Energy 38.75% and operator, Spirit Energy 61.25%), enabling acceleration of the development of Pegasus West as a subsea tieback to the existing Cygnus field.