Egdon plans “small-scale fracking” instead of acidisation at Wressle oil site
The operator of the Wressle oil site near Scunthorpe has confirmed it no longer plans to use acidisation to improve production.
Reporting on the unconventional oil and gas industry and its use of hydraulic fracturing
The operator of the Wressle oil site near Scunthorpe has confirmed it no longer plans to use acidisation to improve production.
Angus Energy is looking to borrow up to £12m to redevelop the Saltfleetby gas field in Lincolnshire.
IGas blamed the Covid-19 outbreak and a low oil price for falls in production and revenue, along with a rise in debt, in the first half of the year.
The main drilling rig was delivered today to Rathlin Energy’s West Newton-B exploration site in East Yorkshire.
The small village of Dunsfold in Surrey could be on the UK’s second biggest onshore gas field, an exploration company said this morning.
Union Jack Oil has raised £7m for work at oil sites in the East Midlands and future acquisitions.
Redundant oil and gas wells could be used for geothermal energy, the would-be fracking company, IGas, said in an announcement this morning.
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Losses in Union Jack Oil more than doubled in the first half of 2020, compared with the same period last year.
Senior figures from Cuadrilla’s backers in Australia and Hong Kong have been appointed to the company’s boards.