Oil Discovery Reported in Germany’s Rhine Valley by Neptune Energy

Drilling Activity Details

Locations

Germany

Post Date
Shore Type
Well Name
#1-Schwegenheim
Geo Coordinate

Drilling Activity Summary

Description

Neptune Energy announced an oil discovery in Germany's Rhine Valley at exploration well #1-Schwegenheim. According to the company, two oil-bearing layers of Bunter Sandstone reservoir were found to be oil-bearing. The venture was drilled to 2,600 m. It has been cased and suspended for further testing. The Bunter Sandstone reservoir is an equivalent to the nearby Romerberg structure. During production testing, the well produced 1.5 Mbbl of oil during an unspecified period. Neptune Energy’s headquarters are in London.