Serica Energy is contemplating a first drilling campaign on the Bruce field in the northern UK North Sea since 2012, the company said in a results statement.
Subsurface studies are underway to identify new opportunities, but drilling will only take place if the UK’s fiscal regime going forward justifies activity, the company stressed.
At the Bruce field platform, a 90-day program of well interventions began this spring, including various tasks designed to improve production and routine integrity monitoring.
The Bruce field is highly faulted with multiple reservoir zones, but the complexity also creates opportunity, Serica added.
At the nearby Keith field, which exports production to the Bruce platform, an intervention to re-instate production from the K1 well was successful, and it should come back online later this year, following a two-year suspension.
At the Triton Area in the central UK North Sea, full production was restored following a trip on one of the gas export compressors. Further work to ensure full operations from both compressors should be completed by the end of the year.
Serica’s current capex program includes a five-well drilling campaign in the Triton area on shallower reservoirs in well-established plays. The B6 horizontal sidetrack well from the B1 well on the Bittern field was drilled in June and July, with promising results, and should go online shortly.
On the Gannet field, the GE-05 has reached TD ahead of schedule and should begin production early in November. Then the rig will drill wells on the Guillemot NW and Evelyn fields, before finishing up with a development well on the Serica-operated Belinda field during the first half of 2025.
At the Kyle license in Block 29/2c, the company is considering a potential redevelopment of the Kyle oil field 20 km southeast of Triton.