Cuadrilla pulls back from another licence
Cuadrilla Resources is to give up operation of one of its Yorkshire licences, under an agreement announced today.
Wressle oil well producing water
The UK’s newest oilfield has begun producing water, the operator has confirmed.
UK onshore oil and gas production in charts – May 2023
Extraction from the UK’s largest onshore gasfield rose 50% in May 2023, reaching record levels since the restart of production last year. Oil from the UK’s largest oilfield returned to levels before a pipe leak in March 2023.
Cuadrilla gives up three Yorkshire shale gas licences
Cuadrilla has relinquished three shale gas licences in Yorkshire, its Australian owner confirmed this morning.
Egdon transfers Cloughton shale gas licence to Europa
Egdon Resources has confirmed the transfer of the operation of its Cloughton shale and tight gas licence to Europa Oil & Gas.
George Lucan to step down as Angus Energy chair
The executive chair of Angus Energy, George Lucan, is to step down next month.
South Downs oil field to restart production
Oil extraction is to resume at the Avington field in the South Downs National Park after a break of more than five years.
UK onshore oil and gas production in charts – April 2023
DrillOrDrop’s review of the latest UK onshore production data, for April 2023, reveals a big drop in monthly production from the largest field at Wytch Farm. This cut the UK’s total monthly onshore oil volumes by more than half.
Saltfleetby gas production lifts profits at Angus Energy
Gas production at Saltfleetby in Lincolnshire helped to generate revenue of nearly £16.5m for Angus Energy in the six months to March 2023. This compared to £27,000 for the same period in 2022.
UKOG takes out £3m loan for drilling operations
UK Oil & Gas has announced it has secured a £3m loan to fund operations over the next 12 months.
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