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Serica sees output back up after long outage

7 January 2025

Serica’s net oil and gas output was 46,400 barrels of oil equivalent /day, it said January 7, and this volume is expected to rise with the planned phased restart of the Triton fields. It is also installing two compressors at Triton to make it more robust, which are expected online this quarter. There had been just one. The explorer is also expecting new output from its wholly-owned Gannet GE05 well.

CEO Chris Cox said that while production in the second half of 2024 was disappointing, the company stayed in close touch with the FPSO operator as they worked through root cause analysis of last year’s problems at Triton.

Mr Cox added that Serica looked forward to seeing “both enhanced production as the new wells drilled during 2024 contribute fully, and more resilient operations, as we resume operations with two compressors in Q1.”

https://www.serica-energy.com/


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