Updated: New sidetrack well planned for Whisby oil field
Plans for a new sidetrack production well at the Whisby oilfield are being considered by Lincolnshire planners.
Reporting on the unconventional oil and gas industry and its use of hydraulic fracturing
Plans for a new sidetrack production well at the Whisby oilfield are being considered by Lincolnshire planners.
Rathlin Energy is apparently no longer targeting oil at its two sites at West Newton in East Yorkshire.
The shale gas company, IGas, said today it could drill 80 wells by this time next year, with the “right government support”.
Stephen Bowler, who has been chief executive of IGas for the past seven years, is leaving immediately by mutual consent.
Shares in Union Jack Oil fell more than 20% on the publication of an assessment of the Wressle oil field in North Lincolnshire this morning.
Weald-based UK Oil & Gas plc (UKOG) announced this morning it has raised £3m to spend in Turkey.
One of the investors in the Wressle oil field in North Lincolnshire is lending £1m to another.
Union Jack Oil has revealed plans for two new wells next year, as it reported its first profit.
DrillOrDrop’s review of the latest UK onshore oil data for May 2022: daily production at 30+ year low
The Australian owner of the shale gas company, Cuadrilla, spent $1.107m in the UK in 2021 (about £655,000 at current rates), even though its licences were “on hold” because of the fracking moratorium.