IGas cuts value of shale assets and opts not to sue government over fracking moratorium
One of the UK’s leading would-be fracking companies appears to be turning away from shale gas.
Updated: UKOG announces farmout for Horse Hill oil site
UK Oil & Gas has announced plans to farmout work at its oil production site at Horse Hill in Surrey.
Major incident at Poole Harbour after oil pipeline leak
A major incident has been declared at Poole Harbour in Dorset after a leak from a pipeline from the Wytch Farm oil field.
New pumps predicted to increase Horndean oil by 7 barrels a day
Oil production at the IGas field at Horndean in Hampshire is expected to rise this year following the introduction of new pumps, one of the partners has said.
Second recent probe into alleged failures to meet licence obligations
The oil and gas industry regulator has began another investigation into the suspected failure of a company to comply with licence obligations.
Egdon prepares for more drilling at Wressle
New plans are underway to drill for more oil and gas at Wressle in North Lincolnshire.
2022 UK onshore oil production sinks to lowest level for 34 years
Onshore oil production in the UK in 2022 slumped to the lowest level since 1989.
Offshore flaring halves in four years but onshore hits record high
Flaring in the North Sea has halved in the past four years, the industry regulator announced today. But analysis by DrillOrDrop shows that flaring at onshore fields reached record levels in 2022.
Losses widen at Angus Energy on derivative swap
Angus Energy has reported widening annual losses because of a derivative swap.
Saltfleetby sidetrack completed
Angus Energy has announced it has completed the new sidetrack well at its Saltfleetby gasfield in Lincolnshire.
DRILL OR DROP? 