Serica completes Bruce, Keith, Rhum deals

Nov. 30, 2018

Serica Energy has become operator of Bruce, Keith, and Rhum natural gas fields in the UK North Sea after completing two deals through which it acquired interests from BP, Total E&P UK, BHP Billiton Petroleum Great Britain, and Marubeni Oil & Gas (UK).

OGJ editors

Serica Energy PLC, London, has become operator of Bruce, Keith, and Rhum natural gas fields in the UK North Sea after completing two deals through which it acquired interests from BP PLC, Total E&P UK Ltd., BHP Billiton Petroleum Great Britain Ltd., and Marubeni Oil & Gas (UK) Ltd. (OGJ Online, Nov. 6, 2018).

Serica’s interests now are 98% in Bruce field, 100% in Keith, and 50% in Rhum.

Production of the acquired fields net to Serica’s interests exceeds 23,000 boe/d, of which more than 85% is gas.