News Oil & Gas

Orcadian given three more years for Pilot field

Orcadian Energy plc has been granted a three-year extension until 1 December 2028 to the second term of licence P2244, containing the Pilot field, in the UK central North Sea. POTENTIAL The company has an 18.75% carried interest in the licence, with Ping Petroleum UK plc holding 81.25% of the project. The Malyasian operator is […]

Company Moves News Oil & Gas

Parkmead appoints Douglas Sedge as NED

The Parkmead Group plc has appointed Douglas Sedge as an independent non-executive director. He will also chair the company’s audit committee and serve as a member of the remuneration committee. Mr Sedge has more than 40 years’ experience in the energy sector within the UK and across numerous other countries. He has held senior executive […]

News Oil & Gas

Serica increases production from Triton

Serica Energy plc has lifted the first oil from the Triton floating production storage and offloading unit since production resumed. GUIDANCE The company said that production continued to increase, beginning with certain wells on the Bittern (Serica: 64.6%), Evelyn (100%), Gannet E (100%), and Guillemot West (10%) fields in the UK central North Sea. “Triton hub […]

News Oil & Gas

‘Teething issues’ slow Triton production

Serica Energy plc said that problems had slowed the increase to steady production at the Triton floating production storage and offloading unit, 120 miles east of Aberdeen. GUIDANCE The FPSO in the UK central North Sea produces oil and gas from the Bittern, Clapham, Pict, Saxon, Guillemot Area subsea facilities. Operator Dana Petroleum resumed production […]

News Oil & Gas

Serica notes stable production at Bittern B6

Serica Energy plc said production had stabilised from the Bittern field B6 well in the Triton Area, UK central North Sea. GUIDANCE On 11 September, the well began initial flowback to the Triton floating production storage and offloading vessel. Oil and gas are recorded at a combined gross rate of around 8,000 boepd, net 5,200 […]

News Oil & Gas

Serica to develop Belinda field

Serica Energy plc has received final regulatory approval to develop its 100% owned and operated Belinda field in the Triton area of the UK central North Sea. TRITON The company plans to drill the development well in the first half of 2025, before tying back the field to the Triton FPSO, with production due to […]