Serica Energy plc said it expected full-year production to drop slightly due to a short delay to the start of operations on its Columbus field in the Central North Sea. SHEARWATER Chef executive Mitch Flegg added that there would be no significant long-term impact from the short delay. Columbus hydrocarbons will be processed on the […]
Tag: Serica Energy plc
Serica appoints Richard Rose as NED
Serica Energy plc has appointed Richard Rose to the board as a non-executive director with immediate effect. Mr Rose initially worked for Ernst & Young where he qualified as a Chartered Accountant before joining HSBC Investment Bank in the corporate finance division. In 2002, he joined Oriel Securities, becoming a partner in equity research and […]
Serica appoints Andy Bell as CFO and a director
Serica Energy plc has appointed Andy Bell as chief financial officer and a director of the company with immediate effect. Mr Bell joined the company in 2017 as vice president of finance after previously providing financial consultancy services to Serica. He has extensive experience of upstream finance and systems of reporting and control, having worked […]
Serica starts production from Rhum 3
Serica Energy plc announced the start of gas production from the Rhum R3 well around 16 years after it was originally drilled in the UK Northern North Sea. CHALLENGES The company has more than 80% natural gas production and holds a 50% working interest in the Rhum field. First production was achieved on 23 August […]
Serica marks successful flow test results at Columbus
Serica Energy plc today announced successful flow test results from the Columbus development well in the Central North Sea. DEPTH The company had earlier this year experienced difficulties with installing sand screens but remained on course for production. The well was drilled to a measured depth of 17,600ft with a horizontal section of over a […]
Serica nears restart of Rhum R3 gas production
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 […]