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Home›Fossil Energy›Serica’s Columbus field development plan approved
Fossil Energy

October 31, 2018 · about 8 years ago

Serica’s Columbus field development plan approved

Serica Energy has informed that its field development plan for the Columbus field in the North Sea has been approved by the UK Oil and Gas Authority.

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Serica Energy has informed that its field development plan for the Columbus field in the North Sea has been approved by the UK Oil and Gas Authority.

The Columbus Development is located in Blocks 23/16f and 23/21a Columbus Sub Area in the UKCS Central North Sea.

According to Serica, the Development Area will be drained by a single well, which will be connected to the recently approved Arran-Shearwater pipeline , through which Columbus production will be exported along with Arran field production.

Peak production is expected to be 7,800 gross barrels of oil equivalent (“boe”) per day. Best Estimate Gross (2C) Contingent Resources have been calculated to be 13.4 million boe.

Oil giant Shell earlier in October made the final investment decision to develop the Arran field in the UK North Sea. Natural gas and liquids produced from Arran will be transported via a newly installed subsea pipeline to the Shell-operated Shearwater platform.

Columbus development timing is dependent on the Arran-Shearwater pipeline being tied into the Shell-operated Shearwater platform in Q3 2020.

Columbus start-up is targeted for mid-2021. Serica is the operator of the Columbus Development with a 50% interest. Other partners are EOG Resources United Kingdom Limited and Endeavour Energy UK Limited, each holding a 25% interest.

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