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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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Serica to Acuire Interest in Greater Buchan Area
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Andy Bell to step down as CFO at Serica Energy
21/11/2023
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Serica announces 2022 full year results
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Serica secures strong vote of confidence for proposed acquisition of Tailwind
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Serica Energy Secures OFAC License Renewal
23/01/2023
Serica Energy provides update on Tailwind acquisition
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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
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Serica Energy Provides North Eigg Drilling Update
14/09/2022
Serica Energy Provides Operations Update
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Proposed Combination of Kistos with Serica Energy
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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
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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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