Wytch Farm operator loses £101m+
The UK’s largest producing onshore oil producer lost more than £100m last year, according to company accounts.
Reporting on the unconventional oil and gas industry and its use of hydraulic fracturing
The UK’s largest producing onshore oil producer lost more than £100m last year, according to company accounts.
Tests at the Wressle oil site in North Lincolnshire have exceeded flow rates of 500 barrels of oil per day, the operator, Egdon Resources said this morning.
The chair of the UK’s largest hydrogen association has resigned saying blue hydrogen risks locking the country into fossil fuels.
Key figures Barrels per day (bopd): 13,855Mar 2021 14,194 bopdFeb 2021 14,491 bopdJan 2021 14,794 bopd
Angus Energy says its gas field at Saltfleetby in Lincolnshire is “on track for re-commissioning” in December2021.
Work has paused on UKOG’s Turkish well after the drilling assembly became stuck.
A controversial operation to improve oil flow at a site in Lincolnshire has been successful, the operator said this morning.
An UK Oil & Gas share offer has raised just a tenth of the target funds, the company has reported.
One of the backers of plans for long-term production in the Lincolnshire Wolds has said the carbon intensity of oil from the site would be below the UK onshore average.
IGas has revealed it wants to produce hydrogen from methane at its Bletchingley site in Surrey.