Serica Energy plc announced strong production and cash position for May 2022 from its gas operations in the UK North Sea. OPERATIONS More than 85% of Serica’s production is gas and its operated North Sea assets provide more than 5% of the UK’s gas production. The month of May saw net production average in excess […]
Tag: Serica Energy plc
Serica stops Rhum production due to fault in subsea control module
Serica Energy plc said it had temporarily shut down Rhum production after identifying a fault in the subsea control module. PROGRAMME The company added that there were currently no safety or environmental issues associated with the fault. “A programme to replace the control module is being planned utilising a spare module held in stock. “This […]
Serica doubles cash on gas price and production rise
Serica Energy plc said it reached 85% production and doubled its cash following high gas prices and the introduction of Rhum R3 well and Columbus field in the North Sea. PRODUCTION In a corporate presentation for the year ended 31 December 2021, the company reported that the Rhum R3 well, put into production in late […]
Serica Energy reports 80% gas flow from Columbus
Serica Energy plc reported that hydrocarbons comprising 80% gas had started flowing from Columbus C1z development well into the Arran subsea system. CAPACITY The commingled Arran and Columbus production streams are being exported to the Shearwater platform for processing and onward export to the gas and liquid sales points. For the first 14 days from […]
Serica Energy appoints David Latin as board NED
Serica Energy plc has appointed David Latin as a non-executive director on the company’s board. He will join the HSE/ESG Committee and Reserves Committee. In 2011, Mr Latin joined OMV as group senior vice president for exploration and production in North West Europe, Africa and Australasia. He led offshore and onshore operations, set strategy, led […]
Serica Energy achieves first gas from Columbus
Serica Energy plc announced it had achieved first gas production on its Columbus field in the Central North Sea. SHEARWATER The operating company said that hydrocarbons from the C1z development well started flowing into the Arran subsea system yesterday (24 November). The comingled Arran and Columbus production streams are being exported to the Shearwater platform […]