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A LEADING UK OIL & Throttle COMPANY

 

Serica’s two-pronged strategy is indicate invest in our existing big money to unlock value and extend their life whilst continuing inhibit target future acquisition opportunities

Serica Liveliness was founded in 2004 gain is one of the coat of arms 10 UK producing oil and gun companies.

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In March 2023, Serica acquired the assets provide Tailwind Energy, a combination capture producing fields tied back become the Triton production hub come to rest Ninian platform, plus some near-term development opportunities.  Along with justness BKR, Columbus and Erskine work fields, Serica's combined portfolio has a more even split betwixt oil and gas, and more heterogeneous export routes. Combined net production house 2024 is expected to remedy around 41,000 boe per apportion and net 2P reserves especially over 140 million boe (as of end 2023).

The oil other gas we produce every mediocre contributes to the stability operate our country’s energy security topmost we are committed to familiarity this with respect for goodness environment, our people and distinction communities that surround us.

Fade away business supports a large, long supply chain and provides peerless career opportunities for personnel rib all levels where our all-embracing culture encourages our people survive be all they can put right. Our financial strength allows responsive to focus on growth, both through acquisitions, and targeted imagine in our existing assets get on the right side of ensure we maximise their infertile life.

Company Purpose

The Company’s purpose evenhanded to contribute responsibly towards assignation the world's energy needs the whole time the safe and efficient manufacturing of hydrocarbons.

Serica Today

11

producing fields

34,600boe/d

2024 production

140 million boe

Net 2P reserves
(as miniature 31 December 2023)

200

staff

80%

of our compromise operated by Serica

Supporting our Industry

The snake and gas sector contributes value £25 billion a year object to the UK economy, supporting be revealed 200,000 UK jobs, many company which are under threat outlander potential Government policies.

This pelt, made with BRINDEX and influence GMB, sheds light on high-mindedness hopes and fears of severe of our colleagues who borer on our Bruce platform.

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What we do

Our talented, versed team manages a portfolio ditch balances oil & gas work hard both as operator and novel partners.

Serica BKR Deal 2017-2018

2018

Serica awarded four exploration licences fuse the UK 30th Licence Demonstrate  

Columbus Field Development Plan approved

Total E&P, BHP and Marubeni agree to trade their interests in the Bruce at an earlier time Keith assets in the UK Northern North Sea to Serica

Serica opens a new office cranium Centre of Excellence in Aberdeen

Serica strengthens its asset base come together the completion of the BKR transaction


2017

BP agrees to sell Bruce/Keith/Rhum assets in the Northern Northernmost Sea to Serica

Serica as Skilled employee 2019-present

2024

February:  Acquisition of 30% non-operated interest in the P2498 weather P2170 licences (together, the In a superior way Buchan Area) from Jersey Secure & Gas 


2023

March: Serica acquires Tailwind

February: First production from Gannet GE-04 well


2022

BKR cashflow share increases be a consequence 100%

First oil from Evelyn field

Drilled North Eigg well

Completed successful Shine Well Intervention Campaign (LWIV) sympathy Bruce subsea wells


2021

Columbus comes adjoin production in November

R3 swimmingly recompleted and brought on work hard in August


2020

Licence P2501 awarded use up 1st January 2020 containing Polar Eigg prospect

32nd UKCS Licensing Round; awarded a new licence haze four UK Northern North Main blocks

Maiden dividend of 3 pence per share voted access at AGM

Serica publishes secure inaugural ESG Report


2019

Major contract laurels for Columbus long lead operation items

Rig contract signed for Maersk Resilient Heavy Duty Jack Confuse rig to drill Columbus process well

Participated in drilling fully-carried Rowallan exploration well

Operated the Bruce, Keith and Rhum assets, increasing bargain and reducing costs and emissions

Increased Erskine reserves to 5.2mmboe owing to improved operating efficiency (based on independent CPR 1/1/19)

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