New investment extends North Sea field life
A North Sea oil field has been set up for a new lease of life after a £140 million investment to unlock fresh reserves.
Oda field on stream almost five months ahead of plan
On 16 March, Spirit Energy started oil production on the Oda field, almost five months earlier than the original plan. The project has also come in under budget, with development costs reduced by around 15%.
Disused gas platforms to be decommissioned
Two normally unmanned installations which used to produce gas in Morecambe Bay will be decommissioned under plans to be submitted by Spirit Energy.
Spirit Energy wins new exploration licences in Norway
Spirit Energy has been awarded nine new licences in the Awards in Predefined Areas (APA) round on the Norwegian Continental Shelf, including two as operator.
Spirit Energy takes on operatorship of Babbage gas field
Spirit Energy has also taken on operatorship of the nearby Cobra licence, where it holds a 50% interest.
Environmental statement submitted for Pegasus West
Spirit Energy has submitted its Environmental Statement for the Pegasus West development, bringing the field closer to sanction.
Plan for development and operation approved
The plan for development and operation (PDO) for the Nova field is now approved. Spirit Energy has a 20 percent ownership interest in the North Sea oil field.
Spirit Energy to invest in major discovery
Spirit Energy will invest in exploration and appraisal West of Shetland for the first time early next year after farming into 50% of Hurricane Energy’s Greater Warwick Area.
Spirit Energy to take on operatorship of the Babbage field
Spirit Energy can today (Friday, 6 July) confirm that it has reached agreement with its joint venture partners in the Babbage field to take on operatorship of the licence, where it holds a 13% interest.
New gas development likely in the Norwegian Sea
The Fogelberg discovery in the Norwegian Sea is shaping up to be Spirit Energy’s next operated development. This is the conclusion following a newly concluded appraisal well.