Triton, Bruce area plans lift Serica’s North Sea reserves

April 5, 2023
Serica Energy has issued the findings of an independent estimate of oil and gas reserves for its production interests in the UK North Sea.

Offshore staff

LONDON  Serica Energy has issued the findings of an independent estimate of oil and gas reserves for its production interests in the UK North Sea.

These include the company’s Bruce area complex in the northern part of the sector and interests in the Triton area fields to the south, which came with Serica’s recent acquisition of Tailwind.

Total 2P reserves were 130.4 MMboe at year-end, 2022 with a near even split of reserves between oil and gas.

Upward revisions followed sanctioning of four infill wells in the Triton area, well work on the Bruce Field, planned Bruce infill drilling and the extension of production from both the Bruce and Triton hubs from 2030 to 2035.

There were downward revisions in 2P reserves associated with Serica’s Columbus gas-condensate field, a tieback to Shell’s Shearwater complex (due to poor well performance) and the Orlando Field due to possible cessation of service from the host Ninian field platform at the end of 2026.

04.05.2023