Bank increases stake in IGas
HSBC bank has increased its stake in IGas, which is currently drilling for shale gas at Tinker Lane in Nottinghamshire.
Reporting on the unconventional oil and gas industry and its use of hydraulic fracturing
HSBC bank has increased its stake in IGas, which is currently drilling for shale gas at Tinker Lane in Nottinghamshire.
Rathlin Energy has given notice that work could start next week at its exploration site in East Yorkshire.
The shale gas company, Cuadrilla, is to allow more fluid to come back to the surface after fracking, in an attempt to tackle the problem of earth tremors. It will also seek to raise the threshold on the magnitude of tremors at which fracking must stop.
The shale gas company, IGas, announced this morning it had begun drilling its well at Tinker Lane near Blyth in north Nottinghamshire.
Neighbours of Cuadrilla’s shale gas site in Lancashire are living in an “information vacuum”, campaigners said today after an apparent pause in fracking for three weeks.
IGas has confirmed that it has delivered most of the drilling equipment to its Tinker Lane shale gas site in north Nottinghamshire.
The leading company behind exploration at the Horse Hill oil site near Gatwick said total production from the flow test so far had reached nearly 14,000 barrels.
The exploration company, Rathlin Energy, owed nearly £34m, according to annual accounts published yesterday (7 November 2018).
Opponents of oil drilling at Biscathorpe in the Lincolnshire Wolds have protested against the start of site construction work.
Shale gas has flowed to the surface at Cuadrilla’s fracked well at Preston New Road near Blackpool, the company said this lunchtime.