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LONDON - Serica Energy plc (AIM:LON:SQZ) announced Friday that the first lifting of oil from the Triton FPSO has begun following the resumption of production at the facility.
The company reported that production at the Triton Hub is ramping up according to plan, with wells on the Bittern field (Serica:64.6%) restarting first, followed by wells on the Evelyn (Serica:100%), Gannet E (Serica:100%), and Guillemot West (Serica:10%) fields.
Over the past two weeks, Triton Hub production has averaged 20,000 barrels of oil equivalent per day (boepd) net to Serica. This figure is expected to increase as additional wells return to operation, including productive wells from the Bittern and Gannet E fields. The company also plans to bring newly drilled wells on the Guillemot North West (Serica:10%) and Evelyn fields online for the first time.
Prior to the scheduled annual maintenance at the Bruce Hub, which began on August 16 and is expected to last approximately 12 days, Serica’s total portfolio production exceeded 50,000 boepd.
Despite the maintenance period, Serica maintained its annual production guidance of 33,000 to 35,000 boepd for 2025.
The information was disclosed in a company press release statement reviewed by Fergus Jenkins, VP Technical at Serica Energy, who is a Chartered Engineer with over 25 years of industry experience.
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