Exceed supporting Serica’s Columbus efforts

UK oil company Serica Energy has hired Aberdeen-based well management company Exceed to support its good operations at the Columbus gas condensate development.

Exceed on Tuesday said the contract was for two years, with the initial scope of work focused on Serica’s Columbus development well in the UK North Sea. The well is slated for drilling in 2020.

Exceed did not provide the financial details of the agreement with Serica.

As for the Columbus field in the UK North Sea, Serica submitted a field development plan to the UK authorities in June 2018 and was granted development and production consent in October 2018.

The Columbus development has been appraised with four wells and is to be developed with a single production well.

The Columbus development plan involves tying a single horizontal subsea well into the pipeline planned to be laid between Arran field (which received development approval at a similar time to Columbus) and the Shearwater platform, both operated by Shell.

Columbus resources have been re-classified as reserves by independent reserves auditors who ascribe to Serica net 2P reserves of 6.2 million boe within the Columbus development area as of January 2019. Serica is the operator with a 50 percent share. First gas is targeted for 2021.

Offshore Energy Today Staff

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