LONDON — Serica Energy has taken FID on the Belinda subsea tieback in the UK central North Sea, the company revealed in its latest results statement.
It has received consent from the Offshore Petroleum Regulator for Environment and Decommissioning (OPRED) and expects approval shortly from the North Sea Transition Authority for the final field development plan. The company has budgeted up to £25 million ($31.1 million) capex this year for the project.
Serica plans to deploy the semisub COSLInnovator to drill the development well in the second half of 2025, having exercised an option for the same rig to add a fifth well to the current Triton area drilling campaign. This program started earlier in April with the B1z sidetrack on the Bittern Field.
In the northern UK North Sea, well interventions continue on the Bruce and Keith fields; Serica aims to restore Keith to regular production later this year. Its overall production guidance range for 2024 is 41,000 boe/d to 46,000 boe/d.