Serica Energy plc has lowered full year production forecast after an “issue” with the Triton floating production storage and offloading (FPSO) vessel suspended its North Sea operations. GAS The company said that the problem was with one of the compressor seals, with repairs expected to take two to four weeks. The outage follows resumption of […]
Tag: production guidance
EnQuest lowers FY production after outage
EnQuest plc said full year production would be slightly lower than guidance after Magnus was shut in following an unplanned outage at the Ninian central platform. INVESTMENT The company led a short dive support vessel campaign in early November to inspect and repair the subsea hydraulic system. Production at the field has now returned to […]
Serica notes stable production at Bittern B6
Serica Energy plc said production had stabilised from the Bittern field B6 well in the Triton Area, UK central North Sea. GUIDANCE On 11 September, the well began initial flowback to the Triton floating production storage and offloading vessel. Oil and gas are recorded at a combined gross rate of around 8,000 boepd, net 5,200 […]
EnQuest production at top end of guidance
EnQuest plc reported strong operational performance for the first quarter of the year with production at the top end of guidance range for 2023. INTEGRITY Average group production was 47,725 boepd, based upon strong “uptime” across the company’s portfolio. Magnus well work programme for 2023 has started, with three wells returned to service following P […]
United lowers guidance after ASH-4 flow rates fall and workovers delayed
United Oil & Gas plc today said that a decrease in flow rates from the ASH-4 well and delayed maintenance workovers had reduced production guidance at Abu Sennan, onshore Egypt. ASH-4 OIL VOLUME The ASH-4 step-out well previously encountered 20 metres of net pay through the primary Alam El Bueib (AEB) reservoir target and was […]
Scotgold raises Q4 guidance and remains on target for output
Scotgold Resources Ltd has increased it production guidance after completing delayed work on power and ventilation at the Cononish gold-silver mine near Tyndrum in Scotland. PRODUCTION The Australian company’s report for the three months ended 30 September 2022 showed gold production of 2,004 ounces under September’s revised guidance. The new guidance followed delays to improve access, […]