Operators fined over flaring and production breaches
Three leading oil and gas operators have been fined a total of £265,000 over breaching UK flaring and production agreements.
Angus Energy raises £7.1m
Angus Energy reported today it has raised £7.1m in a share placing and subscription.
Latest onshore oil production – September 2022
DrillOrDrop’s review of the latest UK onshore oil data for September 2022: First production figures published for Egdon’s Wressle oil site near Scunthorpe in North Lincolnshire.
Reabold shareholders stick with company’s board
Shareholders in Reabold Resources have voted to maintain the company’s board.
Revenue quadruples at Europa Oil & Gas
The Wressle production site in Lincolnshire has helped Europa Oil & Gas quadruple its annual revenues.
Latest onshore oil production – August 2022
DrillOrDrop’s review of the latest UK onshore oil data, for August 2022: Horse Hill production recovers as key onshore figures rise.
Boxer backs board change at West Newton drilling company
A former champion boxer has backed a group seeking to take control of the company that owns more than half of Rathlin Energy’s onshore oil and gas operations.
Fracking moratorium is a “betrayal” – Cuadrilla’s owner
Cuadrilla’s Australian owner has condemned the reinstatement of the moratorium on fracking in England as a betrayal of the shale gas industry.
Egdon reports 530% increase in oil and gas revenues
The oil and gas operator, Egdon Resources, has reported increased revenues of more than 530% because of rising production and prices.
Latest onshore oil production – July 2022
DrillOrDrop’s review of the latest UK onshore oil data for July 2022: daily production falls at Wytch Farm to the lowest level for 10 years and the Gatwick Gusher slows to a trickle.
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