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.
Fracking industry warns “great economic, environmental and geopolitical cost” from renewed moratorium
The shale gas lobbying organisation has accused the government of dealing in “ideology and fiction” by reinstating the moratorium on fracking.
Questions over local benefit from Cuadrilla’s fracking fund
As ministers consider how to compensate people living near shale gas sites, a DrillOrDrop analysis of the UK’s only fracking community benefit fund raises questions about its value.
Union Jack increases stake in Egdon
Union Jack Oil has increased its interest in one of the UK’s leading onshore shale gas companies by buying an extra 4 million shares.
People “strongly in favour” of using old gas wells for geothermal scheme – consultation
More than 80% of people have supported plans for reusing former gas wells in North Yorkshire to provide renewable energy, according to survey findings published today.
Angus Energy announces new start date for Saltfleetby sidetrack
Drilling of a delayed sidetrack at the Saltfleetby gasfield in Lincolnshire will begin next month, the site operator, Angus Energy, has said.
Updated: Rathlin Energy reveals plans for 15 wells at West Newton
15 wells would be drilled in a decade in a rural part of East Yorkshire, according to a plan by Rathlin Energy for its West Newton gasfield in East Yorkshire.
Cuadrilla owner raises new funds for UK fracking
The Australian owner of shale gas company Cuadrilla has raised $19.7m (£11.79m) in a share placing.
Losses widen at Ineos shale company
Ineos Upstream, the company holding the largest number of shale gas licences in England, declared a loss of £3.679m in 2021. This was up more than 60% on the loss of £2.279m the year before.
Shares fall on West Newton gas production update
Any commercial gas production at West Newton in East Yorkshire is about four years away, companies behind the plans revealed this morning.
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