Our licences in Scotland are located in the Inner Moray Firth, Solway Basin and West Fife.
IGas acquired Caithness in December 2013 which includes a 100% interest in the Lybster Field which is drilled from onshore to offshore. The field was discovered in the 1996 by Premier Oil plc, at well 11/24-1 which tested 36 API oil at over 2,000bopd from the Beatrice Formation.
The field was put into production in May 2012 and, prior to being temporarily shut-in for a routine workover, was producing approximately 200bopd gross and in excess of 2mscf/d of associated gas. We are currently seeking planning permission to install Compressed Natural Gas (CNG) equipment on the site.
The producing well is located 1 mile south of the village of Lybster and approximately 63 miles North of the Nigg Terminal. Initial processing takes place on site.
- 100% Participating Interest in Block 11/23 (“Licence P1270");
- 100% Participating Interest in onshore Blocks ND 1a, 2a, 12, 13a, 23a and 33a ("Licence PEDL 158")