IGas announces solar partnership
The oil and gas company, IGas, has continued its move into alternative energies with an announcement of plans to build solar farms.
Reporting on the unconventional oil and gas industry and its use of hydraulic fracturing
The oil and gas company, IGas, has continued its move into alternative energies with an announcement of plans to build solar farms.
Cutting methane emissions from oil and gas sites is vital to limiting global warming to 1.5C, the International Energy Agency said today.
Well tests at Rathlin Energy’s exploration sites in East Yorkshire recovered oil and gas but did not achieve sustained flow rates, it was revealed today.
IGas has announced it will not appeal against the recent refusal of planning permission at its shale gas site in Misson, Nottinghamshire. The wellpad will now be restored.
Key figures Barrels of oil per day (bopd): 14,154
IGas has confirmed it has relinquished the Tinker Lane shale gas licence in Nottinghamshire and written off £10m in exploration costs. But the company said it was continuing to work with regulators and government to end the moratorium on fracking in England.
The operator of the Wressle oil well in North Lincolnshire said initial production exceeded 884 barrels of oil per day (bopd).
Shares in IGas rose more than a third this morning on an announcement that the company had signed a memorandum of understanding with SSE Heath Networks on the development of a geothermal district heating project in Stoke-on-Trent.
The would-be fracking company, IGas, has announced an agreement with CeraPhi Energy to develop geothermal energy projects using existing oil and gas wells.
Union Jack Oil reported today it had made about US$300,000 (£217,000) from test production at the Wressle well in North Lincolnshire.