Serica Energy’s 13m barrel Columbus plan gets OGA approval

Serica Energy’s development plan for the Columbus field in the central North Sea has been approved by the Oil and Gas Authority (OGA).

The reservoir will be drained using a single well connected to a planned pipeline between the Arran field and Shell’s Shearwater platform.

Columbus is expected to produce 7,800 barrels of oil equivalent (boe) per day at peak. It has contingent resources of 13.4 million boe.

First oil is on the slate for mid-2021.

Serica is operator of Columbus with a 50% interest.

Other participants are EOG Resources UK and Endeavour Energy UK, each with 25%.

Serica has been trying to develop Columbus for more than 10 years.

It had considered exporting gas via Chrysaor’s Lomond platform, but talks with Arran project partners led to a better deal.

 Columbus field history:

Serica intends to tie the Columbus field back to the Shearwater platform, pictured.

Serica chief executive Mitch Flegg said: “I am delighted that Serica and its partners are able to announce that development and production consent has been received for Columbus. 

“The project team has worked closely with the OGA and the host infrastructure owners since the field development plan was submitted in June 2018 to achieve this successful outcome. 

“The development is important in its own right and will also enhance our understanding of nearby exploration acreage which was secured by Serica in the UK 30th licence round.”

OGA chief executive Andy Samuel said: “We are pleased with the decision by Serica and partners, EOG Resources and Endeavour Energy, to proceed with their investment in the Columbus development.

“Columbus is the final component of the OGA’s Central Graben Area Plan, which also included the recently sanctioned Fram and Arran fields, unlocking over 50million boe recoverable reserves which had struggled for decades to be developed.

“It is good to see how the industry has collaborated on many fronts to deliver additional value as part of our Maximising Economic Recovery in the UK agenda and we look forward to Columbus delivering first hydrocarbons in 2021.”

The post Serica Energy’s 13m barrel Columbus plan gets OGA approval appeared first on Energy Voice.



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