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Serica announces temporary shutdown of Forties Pipeline

Serica Energy, reveals that it has been informed by the operator of the Erskine field that the Forties Pipeline System (FPS), the export route for Erskine condensate, will be unavailable, possibly for few weeks, while the FPS owner plans and implements repairs to a hairline crack in the onshore section of the pipeline.

During this period the Erskine field, along with the other fields that use the pipeline, which include the BKR Assets, will be unable to produce. This will impact Serica's production guidance for the year to 31 December 2017, which has been revised to approximately 2,000 boe per day net to Serica from the Erskine field.

Further updates will be provided as and when more information becomes available.  

Technical Information
 
The technical information contained in the announcement has been reviewed and approved by Clara Altobell, VP Technical at Serica Energy plc. Clara Altobell (MSc in Petroleum Engineering from Imperial College, London) has over 20 years of experience in oil & gas exploration, production and development and is a member of the Society of Petroleum Engineers (SPE) and the Petroleum Exploration Society of Great Britain (PESGB).