Onshore shale gas company closing
One of the winning companies in the most recent auction of onshore oil and gas licences is going out of business.
Reporting on the unconventional oil and gas industry and its use of hydraulic fracturing
One of the winning companies in the most recent auction of onshore oil and gas licences is going out of business.
The operator of the Wressle oil well in North Lincolnshire has said production could reach 1,543 barrels per day.
Predictions for a single gas well in East Yorkshire suggest initial production could exceed many entire fields in the North Sea.
Angus Energy said this morning it had received at least six “bona fide” approaches from parties interested in making an offer for the company or its interest in the Saltfleetby gas field.
The would-be fracking firm, Third Energy, has been acquired by a renewables company, which plans to use old gas wells to generate geothermal energy.
The onshore oil and gas industry has “strongly contested” comments made by the former Tory leadership contender, Jeremy Hunt, about drilling plans in Surrey.
IGas announced today its interim non-executive chairman, Cuth McDowell, is retiring after 10 years on the board.
Follow onshore oil production trends with our review of the latest official monthly data
The oil and gas company, Angus Energy plc, is considering a potential sale as part of a strategic review of its options.
For the first time since 1935, no onshore oil or gas wells were drilled in a calendar year, according to 2021 data from the industry regulator.