We are an E&P company. But we’re not your usual E&P company. We’re pushing what’s possible, embracing collaboration as the new normal, and thinking differently.
We are proud of our heritage, but we’re even prouder of our ambition to constantly break new ground.
Focused on creating a strong, sustainable business built for the future, we are exploring challenging frontiers and giving technological innovation a chance.
We are maximising the potential of existing assets and working with our partners to bring exciting new developments on stream, while maintaining an absolute commitment to safety in everything we do.
We are Spirit Energy.
Key figures
Untapped energy
Huge opportunities remain in north-west Europe's basins – 40 billion barrels identified and an estimated 30 billion barrels yet to find.
As a full-cycle regional specialist, we are committed to exploring new ways to fuel growth, and add value as a lean, agile and sustainable company.
OUR ACHIEVEMENTS
In 2017, we set-out to change the way the industry operates, moving swiftly into action as Spirit Energy, and pursuing our ambition of becoming a leading North West European operator.
Here are a few of the milestones we’ve achieved since Spirit Energy was formed.
Spirit energy formed
We’re off and running. Combining Centrica plc’s E&P business with Bayerngas Norge AS, Spirit Energy starts trading as an independent oil and gas operator.
Securing new acreage in Norway
A great outcome! We secured our highest number of licences in an APA round.
Investing in the west of Shetland
We farmed-in to 50% of the Greater Warwick Area, one of the last known world-class oil development opportunities in the UK.
Growing our potential in Norway with Nova
Together with our partners, we received approval for the development plan for the Nova field.
Building a more diverse and inclusive team
Published our first Gender Pay Gap report in the UK, outlining our commitment to achieving better balance across Spirit.
First oil from Oda
On 16 March, we started production from the Oda field, almost five months ahead of plan, and with development costs reduced by around 15%.
Sunset for ST1
ST1 was safely removed and transported to Dales Voe in Shetland.
years gas production
tonnes of material recovered
Boosting production at Chiswick
The Greater Markham Area is an important part of our business and our team has spent a lot of time looking for opportunities to add further production.
A new lease of life for Chestnut
Over time and with new technology we have understood more about the properties of the Chestnut reservoir. This is a good example of MER UK in practice and an asset being in the right hands.
Bold plans for Statfjord life extension
Together with Equinor and our other partners, we devised an ambitious plan to extend the field’s life by more than 10 years.
