LONDON, April 20 (Reuters) - Production at Spirit Energy’s
York gas field in the North Sea will be extended until 2023/24,
three to four years longer than previously expected, the company
said on Tuesday.
A further 18 billion cubic feet of gas is now expected to be
extracted from the field, which has already produced 45 billion
cubic feet of gas over the past eight years, Spirit said.
The field, which began production in 2013 was originally
planned to produce gas until 2020.
Spirit was created in 2017 from the merger of Centrica
and Bayerngas Norge's oil and gas assets in Britain,
Denmark, the Netherlands and Norway.
Centrica owns a 69% stake in the company, which it is trying
to sell.
The remaining shares are held by Bayerngas Norge’s former
shareholders, led by Stadtwerke München Group (SWM).
(Reporting by Susanna Twidale, editing by Louise Heavens)
Centrica (CNA)
