Accessiblity Tools
Rock in shifting colours
UP FOR THE
CHALLENGE
CEO STATEMENT

LOOKING FORWARD WITH CONFIDENCE

At the end of Spirit Energy’s third year, I reflect on the incredible challenges we have faced and overcome in the last 12 months.

CEO Statement

Key Figures

0.21
Total recordable injury frequency
0.00
Process Safety Incident Rate
44.9m
barrels of oil equivalent (mmboe) in 2020
£11.3boe
Lifting cost per barrel

FINANCIAL
KPIS

Adjusted operating profit
£43m
Adjusted profit after tax
£69m
Adjusted operating cash flow
£529m
Lifting cost per barrel
£11.3/boe
CASE STUDY

STATFJORD LIFE EXTENSION

It was a major milestone in January 2020 when Spirit Energy and its partners announced the plan to extend production from the Statfjord field towards 2040.

Case study