A LEADING UK OIL & GAS COMPANY
Serica’s two-pronged strategy is to invest in our existing assets to unlock value and prolong their life whilst continuing to target future acquisition opportunities
Serica Energy was founded in 2004 and is one of the top 10 UK producing oil and gas companies. In March 2023, Serica acquired the assets of Tailwind Energy, a combination of producing fields tied back to the Triton production hub and Ninian platform, plus some near-term development opportunities. Along with the BKR, Columbus and Erskine producing fields, Serica's combined portfolio has a more even split between oil and gas, and more diversified export routes. Combined net production in 2024 is expected to be around 41,000 boe per day and net 2P reserves are over 140 million boe (as of end 2023).
The oil and gas we produce every day contributes to the stability of our country’s energy security and we are committed to doing this with respect for the environment, our people and the communities that surround us. Our business supports a large, extended supply chain and provides excellent career opportunities for personnel at all levels where our inclusive culture encourages our people to be all they can be. Our financial strength allows us to focus on growth, both through acquisitions, and targeted investment in our existing assets to ensure we maximise their productive life.
Company Purpose
The Company’s purpose is to contribute responsibly towards meeting the world's energy needs through the safe and efficient production of hydrocarbons.
Serica Today
11
producing fields
c.37,000boe/d
2024 net production guidance
140 million boe
Net 2P reserves
(as at 31 December 2023)
200
staff
80%
of our production operated by Serica
Supporting our Industry
The oil and gas sector contributes about £25 billion a year to the UK economy, supporting around 200,000 UK jobs, many of which are under threat from potential Government policies. This film, made with BRINDEX and the GMB, sheds light on the hopes and fears of some of our colleagues who work on our Bruce platform.
What we do
Our talented, experienced team manages a portfolio that balances oil & gas production both as operator and innovative partners.