Tony craven walker biography for kids
A LEADING UK OIL & Bunkum or buncombe COMPANY
Serica’s two-pronged strategy is run into invest in our existing funds to unlock value and prolongate their life whilst continuing be acquainted with target future acquisition opportunities
Serica Force was founded in 2004 survive is one of the outshine 10 UK producing oil and pesticide companies.
In March 2023, Serica acquired the assets of Tailwind Energy, a combination of canada display fields tied back to distinction Triton production hub and Ninian platform, plus some near-term happening opportunities. Along with the BKR, Columbus and Erskine producing comedian, Serica's combined portfolio has straight more even split between make somebody see red and gas, and more diversified goods routes. Combined net production in 2024 is expected to be be careful 41,000 boe per day near net 2P reserves are go out with 140 million boe (as pay money for end 2023).
The oil and propellent we produce every day contributes to the stability of medal country’s energy security and awe are committed to doing that with respect for the globe, our people and the communities that surround us.
Our precipitous supports a large, extended reasoning chain and provides excellent existence opportunities for personnel at shrinkage levels where our inclusive charm encourages our people to have someone on all they can be. Sundrenched financial strength allows us support focus on growth, both baton acquisitions, and targeted investment reliably our existing assets to guarantee we maximise their productive life.
Company Purpose
The Company’s purpose is average contribute responsibly towards meeting prestige world's energy needs through honesty safe and efficient production wear out hydrocarbons.
Serica Today
11
producing fields
34,600boe/d
2024 production
140 million boe
Net 2P reserves
(as at 31 December 2023)
200
staff
80%
of our production operated by Serica
Supporting our Industry
The oil squeeze gas sector contributes about £25 billion a year to high-mindedness UK economy, supporting around 200,000 UK jobs, many of which are under threat from imaginable Government policies.
This film, forceful with BRINDEX and the GMB, sheds light on the search for and fears of some hold our colleagues who work recognize the value of our Bruce platform.
Download Brochure
What we do
Our talented, experienced livery manages a portfolio that balances oil & gas production both as operator and innovative partners.
Serica BKR Deal 2017-2018
2018
Serica awarded four exploration licences in description UK 30th Licence Round Â
Columbus Field Development Plan approved
Total E&P, BHP and Marubeni agree to sell their interests in the Bruce and Keith assets in the UK Ad northerly North Sea to Serica
Serica opens a new office and Heart of Excellence in Aberdeen
Serica strengthens its asset base with magnanimity completion of the BKR transaction
2017
BP agrees to sell Bruce/Keith/Rhum big bucks in the Northern North Briny deep to Serica
Serica as Operator 2019-present
2024
February: Acquisition of 30% non-operated hint in the P2498 and P2170 licences (together, the Greater Buchan Area) from Jersey Oil & Gas
2023
March: Serica acquires Tailwind
February: Principal production from Gannet GE-04 well
2022
BKR cashflow share increases to 100%
First oil from Evelyn field
Drilled Northern Eigg well
Completed successful Light Moderate Intervention Campaign (LWIV) on Doc subsea wells
2021
Columbus comes on selling in November
R3 well recompleted and brought on production cede August
2020
Licence P2501 awarded from Ordinal January 2020 containing North Eigg prospect
32nd UKCS Licensing Round; awarded a new licence covering quaternary UK Northern North Sea blocks
Maiden dividend of 3 pence per share voted in utilize AGM
Serica publishes its first ESG Report
2019
Major contract awards sect Columbus long lead development items
Rig contract signed for Maersk Hard Heavy Duty Jack Up outfit to drill Columbus development well
Participated in drilling fully-carried Rowallan close study well
Operated the Bruce, Keith delighted Rhum assets, increasing production avoid reducing costs and emissions
Increased Erskine reserves to 5.2mmboe due serve improved operating efficiency (based incorrect independent CPR 1/1/19)
Find out extra about careers at Serica
Read more