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 […]

News Oil & Gas

Capricorn agrees Catcher-Kraken sale payments

Capricorn Energy plc has agreed the final settlement of payment terms from the sale of its previous assets in the Catcher and Kraken fields to Waldorf Production UK plc. CASH FLOWS Under revised terms, Capricorn will now receive $72.5 million over the next 13 months and Waldorf’s 25% non-operated working interest in the Columbus gas […]

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JOG extends Verbier licence by three years

Jersey Oil & Gas plc (JOG) has been granted a three-year extension for the P2170 Verbier licence as it finalises plans for the Great Buchan area (GBA) development. FIELD DEVELOPMENT PLAN The North Sea Transition Authority (NSTA) granted the second-term extension until 29 August 2026, allowing the company and farm-out partner NEO Energy time for […]