A balanced and diversified portfolio with growth potential
Serica has a broad portfolio of assets located across the length of the UK Continental Shelf and operates assets that deliver around 10% of the UK’s gas production. Production, expected to reach 65,000 boepd by the end of 2026, provides material free cash flow, and Serica has numerous attractive growth options in which to reinvest this money to drive future growth, thereby continuing to play a key role in the UK’s energy security.
Hub
Organic growth opportunities
Producing asset
Bruce
Orlando
West of Shetland
Fynn Beauly
Greater Buchan Area (GBA)
Triton Area
Columbus
Erskine
Skerryvore
Bruce
Producing asset
Operated by Serica since 2018, the Bruce Hub produces around 5% of the UK’s gas through the Bruce, Keith, and Rhum fields.
Orlando
Producing asset
The Orlando field development consists of a subsea tie-back of the single production well to the CNRI operated Ninian Central Platform.
West of Shetland
Producing asset
An operated hub with production, multiple sources of organic growth potential, and a strategic position as the key gas processing infrastructure host for one of the most prospective basins on the UK Continental Shelf.
Fynn Beauly
Growth opportunity
A 50% interest in P2634 licence, containing the Fynn Beauly heavy oil discovery, was acquired when completing the acquisition of Parkmead (E&P) Limited in April 2025.
Greater Buchan Area (GBA)
Growth opportunity
One of the largest remaining undeveloped fields on the UKCS, with an estimated 22.7 mmboe of 2C resources net to Serica, and the potential for 10,000 boepd peak net production
Triton Area
Producing asset
A material oil producer, with eight producing oil fields in the UK Central North Sea located approximately 190km east of Aberdeen in water depths of 90m, with production via the Dana Petroleum operated Triton FPSO.
Columbus
Producing asset
The Columbus Development is located in the UK Central North Sea and produces from a gas-condensate reservoir in the Forties Sandstone Formation.
Erskine
Producing asset
Located in the UK Central North Sea and operated by Ithaca, Erskine is a producing High Pressure High Temperature gas condensate field, originally discovered in 1981.
Skerryvore
Growth opportunity
A primary target volume of up to 36 mmboe recoverable, an attractive estimated chance of success of 43%, and the potential to tieback into existing infrastructure.
Production
27,600 boepd
in 2025
Pro forma 2P reserves
138.4 mmboe
as of 31.12.2025
Pro forma 2C resources
112.6 mmboe
as of 31.12.2025
Cash-generative production
Serica’s key producing assets are grouped around two major hubs: the Bruce Hub, and the Triton Hub, with a notable position West of Shetland and a new Southern North Sea Hub set to be created once the acquisition of assets from Spirit Energy completes later in 2026. With a balanced mix of oil and gas production, Serica is set to end the year with production from 25 fields, offering increasingly diversified and reliable production.
Attractive growth options
With over 100 mmboe of 2C resources, Serica has a multitude of opportunities to invest in organic growth, with the ability to cherry-pick those that offer greatest returns to shareholders. Driven by an exceptional subsurface team, Serica has opportunities across the portfolio, from infill drilling at the Bruce Hub and growth options West of Shetland, to potential future tie-backs at Triton.
