Serica Energy plans drilling at Skerryvore and Bruce; production guidance unchanged
What happened
Serica Energy announced plans to resume exploration activities and drilling at the Skerryvore prospect next year. The company also confirmed that drilling operations at Bruce are set to begin in the third quarter of 2027. Serica stated that current production is around 40,000 boepd, with a target of 65,000 boepd from its enlarged portfolio by the end of the year, supported by strong gas prices.
From energy-pedia.com
Why it matters
The company maintained its guidance of $450-$475 million in post-tax CFFO for the year, citing the strength of prevailing gas prices. The planned drilling at Skerryvore and Bruce is part of Serica's organic growth strategy, and the company is also moving to the Main Market.
From energy-pedia.com
Who's involved
- BruceProspect where drilling is scheduled to begin in the third quarter of 2027
- SkerryvoreProspect where Serica plans to resume exploration activities and drilling next year
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- SkerryvoreSpeculative
The confirmed drilling plans could increase future revenue potential for the company.