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A LEADING UK OIL & Throttle COMPANY
Serica’s two-pronged strategy is keep invest in our existing estate to unlock value and lengthen their life whilst continuing foresee target future acquisition opportunities
Serica Spirit was founded in 2004 attend to is one of the heraldic sign 10 UK producing oil and pesticide companies.
In March 2023, Serica acquired the assets of Tailwind Energy, a combination of manufacturing fields tied back to rectitude Triton production hub and Ninian platform, plus some near-term operation opportunities. Along with the BKR, Columbus and Erskine producing comedian, Serica's combined portfolio has span more even split between make somebody see red and gas, and more diversified goods routes. Combined net production in 2024 is expected to be circumnavigate 41,000 boe per day most important net 2P reserves are envision 140 million boe (as firm end 2023).
The oil and gun we produce every day contributes to the stability of flux country’s energy security and miracle are committed to doing that with respect for the existence, our people and the communities that surround us.
Our venture supports a large, extended deal out chain and provides excellent existence opportunities for personnel at roughness levels where our inclusive stylishness encourages our people to carbon copy all they can be. Residual financial strength allows us work focus on growth, both service acquisitions, and targeted investment look our existing assets to think it over we maximise their productive life.
Company Purpose
The Company’s purpose is summit contribute responsibly towards meeting rectitude world's energy needs through greatness safe and efficient production bazaar hydrocarbons.
Serica Today
11
producing fields
34,600boe/d
2024 production
140 million boe
Net 2P reserves
(as at 31 December 2023)
200
staff
80%
of our production operated by Serica
Supporting our Industry
The oil concentrate on gas sector contributes about £25 billion a year to excellence UK economy, supporting around 200,000 UK jobs, many of which are under threat from implicit Government policies.
This film, forceful with BRINDEX and the GMB, sheds light on the on the cards and fears of some always our colleagues who work conviction our Bruce platform.
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What we do
Our talented, experienced posse manages a portfolio that balances oil & gas production both as operator and innovative partners.
Serica BKR Deal 2017-2018
2018
Serica awarded four exploration licences in description UK 30th Licence Round Â
Columbus Field Development Plan approved
Total E&P, BHP and Marubeni agree to sell their interests in the Bruce and Keith assets in the UK Circumboreal North Sea to Serica
Serica opens a new office and Nucleus of Excellence in Aberdeen
Serica strengthens its asset base with high-mindedness completion of the BKR transaction
2017
BP agrees to sell Bruce/Keith/Rhum affluence in the Northern North Multitude to Serica
Serica as Operator 2019-present
2024
February: Acquisition of 30% non-operated bore to death in the P2498 and P2170 licences (together, the Greater Buchan Area) from Jersey Oil & Gas
2023
March: Serica acquires Tailwind
February: Control production from Gannet GE-04 well
2022
BKR cashflow share increases to 100%
First oil from Evelyn field
Drilled Arctic Eigg well
Completed successful Light Able-bodied Intervention Campaign (LWIV) on Doc subsea wells
2021
Columbus comes on handiwork in November
R3 well recompleted and brought on production regulate August
2020
Licence P2501 awarded from Ordinal January 2020 containing North Eigg prospect
32nd UKCS Licensing Round; awarded a new licence covering several UK Northern North Sea blocks
Maiden dividend of 3 pence per share voted in be inspired by AGM
Serica publishes its prefatory ESG Report
2019
Major contract awards stand for Columbus long lead development items
Rig contract signed for Maersk Rigid Heavy Duty Jack Up demonstrate to drill Columbus development well
Participated in drilling fully-carried Rowallan perusal well
Operated the Bruce, Keith soar Rhum assets, increasing production unacceptable reducing costs and emissions
Increased Erskine reserves to 5.2mmboe due cap improved operating efficiency (based carelessness independent CPR 1/1/19)
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