Serica Energy Faces Production Delay in North Sea Cluster

The UK-based upstream oil and gas player Serica Energy is currently experiencing delays in normalizing production from its cluster in the North Sea. This production is facilitated through a floating production, storage, and offloading (FPSO) vessel operated by Dana Petroleum.

Despite restarting the FPSO Triton in July, the ramp-up to steady production has been slower than expected. Serica now anticipates reaching stable production levels in August.

The Triton cluster comprises eight producing oil fields, including Evelyn, Bittern, Guillemot West, Guillemot North West, Gannet E, Clapham, Pict, and Saxon.

Following a shutdown post-Storm Éowyn, production restart faced delays due to issues with the gas lift system in the Bittern field. This field, in which Serica holds a 64.6% interest, is crucial for providing gas lift and fuel gas for the FPSO.

CEO Chris Cox expressed frustration over the delays, emphasizing the potential for increased production once all Triton fields are back online.

Efforts are underway to bring the Evelyn and Gannet fields back online, including the introduction of new wells in Guillemot North West and Evelyn.

Despite setbacks, Serica remains optimistic about tying the BE01 well on the Belinda field into the Triton FPSO for production in early 2026.

While production guidance for 2025 has been revised downwards due to delays, Serica continues to focus on ramp-up efforts and portfolio expansion in the North Sea.

In addition to operational challenges, Serica recently completed the acquisition of Parkmead (E&P) Limited, adding two new licenses on the UK Continental Shelf.

Collaborating with EnerMech for offshore shutdown support services, Serica is dedicated to overcoming obstacles and maximizing the potential of its North Sea assets.