First Production From Tailwind’s Gannet GE-04 Well
Initial production rates have exceeded 10,000 B/D of oil.
Serica Energy brought the Gannet GE-04 well online via the Triton FPSO in the UK North Sea. Diving support vessel Deep Discoverer mobilized to the Triton area in early February to carry out the subsea tie in of the Gannet GE-04 well, currently owned 100% by Tailwind Mistral, a wholly owned subsidiary of Tailwind Energy Investments Ltd. Serica announced its intended acquisition of Tailwind Energy Investments on 20 December 2022, and the acquisition was expected to complete in March 2023.
“Including the Tailwind acquisition assets, we have an exciting investment program of value‑adding activities throughout 2023 and 2024 which has started with the Gannet GE‑04 well being brought onto production,” said Mitch Flegg, chief executive of Serica Energy. “We are delighted with the strong initial results. This additional production means that the Triton hub is now producing at gross rates not seen for the last 10 years. We look forward to welcoming the Tailwind team to Serica on completion of the acquisition.”
The Gannet GE-04 well was drilled late in 2022 and completed in January 2023. The well results were above the pre-drill expectation, and initial production rates have exceeded 10,000 B/D of oil.