Serica Energy plc said the new completion equipment had been installed and a flow test performed at Rhum R3 well in the North Sea. CONSTRAINT The company added that a stabilised flow rate of 58.4mmscf/d of gas and 135bbls/d of condensate had been achieved. The rate was constrained by the surface well test equipment on […]
Tag: Serica Energy plc
Serica on course for gas despite extra £3m work at Columbus
Serica Energy plc announced it was on course for production despite earlier difficulties with installing sand screens at the Columbus gas development well in the UK Central North Sea. Columbus was spudded in mid-March and drilled to a total measured depth of 17,600ft. A 5,900ft horizontal section was drilled through the reservoir formations of the […]
Serica cuts flare volumes by 45%
Serica Energy plc continued with its environment, social and governance (ESG) targets as it achieved a reduction of flaring and emissions at its North Sea operations during 2020. The company said it was intent on building a portfolio of assets which would make a positive contribution to the Net Zero transition and reduce carbon intensity. […]
Serica 2020 profits plunged but operations continued
Serica Energy plc’s pre-tax profits for 2020 plummeted due to low oil prices and Bruce caisson shut-in but the company managed to continue operations. No Covid-19 cases or injuries were recorded and the company avoided furloughing staff and government assistance programmes. Serica also continued to make progress with its environment, social and governance policies with […]
Serica spuds Columbus gas development well in Central North Sea
Serica Energy plc announced it had spud the Columbus 23/16f-CDev1 development well in the UK Central North Sea. On Wednesday (17 March), a Maersk Resilient heavy duty jack-up rig began drilling to a total depth of 17,600ft, and will include a 5,600ft horizontal section. Drilling is expected to take around 70 days. The Columbus development […]