Serica Energy PLC 2023 AR2
The report highlights Serica Energy's performance in 2023, marked by the completion of the Tailwind Energy acquisition, which significantly diversified and scaled its portfolio. The company achieved a 179% reserve replacement ratio, increasing its 2P reserves to 140.3 million boe and production to 40,100 boe/d on a proforma basis. In terms of sustainability, Serica achieved its lowest Scope 1 carbon intensity on BKR assets since becoming operator in 2018, with Bruce hub emissions at 16.4 kgCO2/boe. Additionally, the company joined the UN's OGMP 2.0 initiative to enhance methane emissions reporting and mitigation, while continuing to align with the North Sea Transition Deal targets.
Company: Serica Energy PLC
Sector: Energy
Country: United Kingdom
Year: 2023
Type: AR2
Pages: 132
Serica Energy PLC
Annual Report
The report highlights Serica Energy's performance in 2023, marked by the completion of the Tailwind Energy acquisition, which significantly diversified and scaled its portfolio. The company achieved a 179% reserve replacement ratio, increasing its 2P reserves to 140.3 million boe and production to 40,100 boe/d on a proforma basis. In terms of sustainability, Serica achieved its lowest Scope 1 carbon intensity on BKR assets since becoming operator in 2018, with Bruce hub emissions at 16.4 kgCO2/boe. Additionally, the company joined the UN's OGMP 2.0 initiative to enhance methane emissions reporting and mitigation, while continuing to align with the North Sea Transition Deal targets.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Net Zero Target
Employees