Neptune Energy says projects are progressing well in its Q1 report By Neptune Energy on 5/13/2021 In reporting its first-quarter 2021 results, Neptune Energy said that its production growth momentum in Western European operations is on track for 2021. The firm said that it expects 27,000 boed of production to be added during the year. Neptuneâs acquisition of oil and gas fields in Germany is complete, and this has added 1,800 boed of production. Furthermore, Neptuneâs acquisition of a minority stake in the Pegasus West discovery (operator, Spirit Energy) offshore the UK, announced earlier this week, is addin g a possible tie-back development to the Neptune-operated Cygnus gas facility.