Founded in 2003, IGas Energy Plc is a UK-based independent oil and gas exploration and production company. It is an upstream oil and gas business operating onshore fields in UK. The company in 2020 acquired GT Energy to expand its production capacity of hydrogen at a number of its existing sites. The company’s objectives are to deliver high sustainable value to its shareholders and society through successful development, responsible ownership and efficient operation of energy infrastructure and businesses for today and tomorrow and it also intend to play an important role in UK’s energy transition by providing leading onshore energy in a net zero world. The company’s shares are traded on the London Stock Exchange as LON: IGAS.
The company’s operations are focused in production of hydrocarbons in the East Midlands, the Weald Basic in the South of England, North West of England and the northern coastal areas of the Inner Moray Firth in Scotland with production capacity of around 2,200 barrels of oil equivalent per day. In Scotland the company’s has wholly owned license in Lybster field, which was acquired in 2013. It has 100% participating interest in Block 11/13 (License PI270) and 1005 interest in onshore Block ND 1a, 2a, 12, 13a, 23a and 33a (License PEDL 158). In North West of England, the company has 11 licenses located in Dee estuary, Mersey estuary, Staffordshire and Shropshire.
In East Midlands, the company has 16 oil fields and 80 sites, and the area consist of two primary production centers that include Welton and Gainsborough. The Welton area consists of six fields and the Gainsborough area consists of 10 fields and a processing facility. The Southern England contributes 50% production from the Weald basin and the net acreage is inclusive of 11 fields within their 10 producing wells.
The company’s subsidiaries include Island Gas Limited, IGas Energy (Caithness) Limited, Star Energy Group Limited, Star Energy Weald Basin Limited, Dart Energy Limited, Island Gas Operations Limited, IGas Exploration UK Limited, Star Energy Limited and Star Energy Oil and Gas Limited.
Welton Gathering Centre, Barfield Lane off Wragby Road, Sudbrooke, LN2 2QX, United Kingdom