History
Fairfield Energy was established in September 2005 under the leadership of Chief Executive Officer Mark McAllister, specifically to address the developing opportunities in the UKCS.
In November 2005, the Group received funding of US$200 million in the form of a line of equity from a consortium of financial investors led by Warburg Pincus and acquired interests in the decommissioned North Sea fields Crawford and Maureen. In April 2008, Fairfield acquired the Dunlin, Dunlin SW, Merlin and Osprey producing fields in the Greater Dunlin Area from Shell and partners. This acquisition was made through 70:30 unincorporated joint venture arrangements with the MCX Companies, subsidiaries of Mitsubishi Corporation. Further acquisitions have included Clipper South, a tight gas field acquired from Shell UK and partners, the Skye and Block 6 fields, which were also acquired from Shell UK and the abandoned NW Hutton field, which was acquired from Amoco (UK), a subsidiary of BP, and partners. Through participation in licensing grounds, the Group has added the Staffa field, the license that comprises the Darwin Phase 2 acreage (which provides for a possible extension to NW Hutton) and exploration acreage adjacent to Dunlin to its asset portfolio.
Operations
Fairfield's strategy is to focus on the creation of value in selected blocks which we call Core Areas.
Find out more
CSR
Fairfield operates a socially responsible and safety conscious business with the highest regard for the environment.
Find out more
News
Fairfield Energy believes it is essential that its stakeholders, partners and the wider public are kept abreast of its activities.
Find out more
Contact
If you would like further information or have a general enquiry, we would be delighted to hear from you.
Find out more