Delivering production from 11 fields with over 80% of our production operated by Serica

Serica is a top ten UK producer with a balanced, growth-oriented portfolio of oil and gas producing assets, focused on the UK's North Sea. 

The Company is responsible for about 5% of the UK’s natural gas, which plays a significant role in supporting the country’s energy transition, and has invested over £1 billion in the UK supply chain since 2020. Serica maintains a balanced output of oil and gas across its operations.

The Company’s key producing assets are grouped around two major hubs: the Bruce, Keith, and Rhum fields in the Northern North Sea, where Serica is the operator; and a mix of operated and non-operated fields connected to the Triton FPSO in the Central North Sea. 

Serica aims to create shareholder value through a mix of production from existing oil and gas fields, organic investment and M&A. 

Having now completed the acquisition of Prax Upstream Limited, in H1 2026 Serica is also set to complete the acquisition of a 40% operated stake in the Greater Laggan Area offshore fields and associated Shetland Gas Plant from TotalEnergies, and non-operated interests in the Catcher and Golden Eagle Area Development fields from ONE-Dyas. In the second half of 2026 Serica also intends to complete the acquisition from Spirit Energy of a portfolio of Southern North Sea assets, including a 15% non-operated working interest in the Cygnus field; a 25% non-operated working interest in Clipper South; and operated positions across various assets in the Greater Markham Area, subject to satisfaction of regulatory and other customary conditions and completion of the consultation with the works council of Spirit Energy in the Netherlands.
Serica’s shares trade on the AIM market of the London Stock Exchange (ticker: SQZ). 

11

producing fields

27,600boe/d

2025 production 

+40,000boe/d

2026 production guidance

>80%

of production operated by Serica

carbon intensity below UKCS average

diversified commodity exposure