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Serica Energy

Description

Serica Energy plc is a British independent upstream oil and gas company with operations centred on the UK North Sea with a full range of exploration, development and production assets. 

Following the completion of a series of deals at the end of 2018, Serica became a major player in the UKCS, adding to our portfolio a 98% interest in the Bruce field, a 100% interest in the Keith field and a 50% interest in the Rhum field (collectively the ‘BKR’ assets). With these acquisitions, average net production increased from around 2,000 boe/d to over 30,000 boe/d.

Reserves and production
Net 2P reserves at 2018 year-end increased to 68.8 million boe reflecting an increase in Erskine reserves and addition of Columbus reserves.

Net production from Serica’s interests in Bruce, Keith, Rhum (“BKR”) and Erskine averaged 23,800 boe/d during 2020. This was significantly impacted by the 45-day shut down for caisson repairs on Bruce during Q1. Without this shutdown net production would have averaged around 27,000 boe/d.

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Related news

Serica Energy Announces Full Year 2023 Results
25/04/2024
Serica Energy Announces Reserves and Production Update
07/03/2024
Serica Completes Acquisition of Interest in Greater Buchan Area
26/02/2024
Serica Offers Student Summer Placement Opportunities
16/02/2024
Serica Energy Provides Operations Update
05/02/2024
Serica Energy CEO Mitch Flegg to Stand Down
01/02/2024
Serica Completes New US$525 million 6-year Borrowing Facility
23/01/2024
Serica Energy Supports MATE ROV Competition
08/01/2024
Serica Secures New US$525 million 6-year Borrowing Facility
18/12/2023
Serica Provides Operations and Organisation Update
06/12/2023
Serica to Acuire Interest in Greater Buchan Area
23/11/2023
Andy Bell to step down as CFO at Serica Energy
21/11/2023
Serica Announces UKCS 33rd Round Licence Award
31/10/2023
Serica Energy Reports Interim Results
19/09/2023
Serica Energy Sign Mutual Aid Framework Agreement
04/09/2023
Serica Energy Ride the North
10/08/2023
Serica Energy Announces Board Changes
17/07/2023
Serica announces 2022 full year results
13/04/2023
Serica Energy Reports 2022 Year End Reserves
05/04/2023
Serica Energy completes acquisition of Tailwind Energy
23/03/2023
Serica Provides Update on Tailwind Energy Acquisition
21/03/2023
Job Alert: Technical Safety Engineer - Serica Energy
10/03/2023
First production from Tailwind’s Gannet GE-04 well
20/02/2023
Serica Energy Provides Operations Update
07/02/2023
Youtube Maths Genius to Host Aberdeen Maths Series Workshop
04/02/2023
Serica secures strong vote of confidence for proposed acquisition of Tailwind
28/01/2023
Serica Energy Secures OFAC License Renewal
23/01/2023
Serica Energy provides update on Tailwind acquisition
09/01/2023
Serica Energy announces proposed acquisition of Tailwind Energy
20/12/2022
Serica Energy Provides Update North Eigg Discovery
05/12/2022
Serica reports 2022 Interim Results
27/09/2022
Serica Energy Provides North Eigg Drilling Update
14/09/2022
Serica Energy Provides Operations Update
20/07/2022
Proposed Combination of Kistos with Serica Energy
12/07/2022
Serica Announces Spud of North Eigg Exploration Well
11/07/2022
Serica Energy Provides Corporate Update
01/07/2022
Serica Announces Rhum Production Restart
17/03/2022
Serica Energy Provides Rhum Production Update
01/03/2022
Serica Energy Provides Corporate Update
20/01/2022
Serica Provides Operations Update
09/12/2021
Serica Appoints Non-executive Director
07/12/2021
Serica Energy Achieves First Production From Columbus
25/11/2021
Serica Energy Provides Columbus Update
29/10/2021

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