Reporting on the unconventional oil and gas industry and its use of hydraulic fracturing
DrillOrDrop’s review of the latest UK onshore production data, for March 2023, reveals the lowest monthly oil volume and daily extraction rate for 12 years, while flared gas was at a record high.
Egdon Resources, the company behind the UK’s newest onshore oil producer, announced this morning it has agreed to a takeover by Petrichor Partners.
Oil production from the Wressle field in north Lincolnshire helped boost annual revenue by 349% for Union Jack, the company said today.
The Gatwick Gusher oil well, once said to be of national significance, has been downgraded in value for the third time by its owner.
DrillOrDrop’s review of the latest UK onshore production data for February 2023 reveals rising daily oil production but falls at the newest producing field at Wressle. Lower gas production at Saltfleetby contributed to falls in the UK onshore gas total.
An East Yorkshire wellsite, abandoned nine years ago, could be an “exciting appraisal opportunity”, an exploration company said today.
A horizontal gas well at an East Yorkshire site is due to be drilled this autumn, the operator said today.
Egdon Resources increased oil production by 27% in the second half of 2022, thanks to the Wressle field in North Lincolnshire.
DrillOrDrop’s review of the latest UK onshore production data for January 2023 reveals another record month for flaring at oil fields. For the first time in this series of articles, we’ve added data on onshore gas production.
One of the UK’s leading would-be fracking companies appears to be turning away from shale gas.
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