Reporting on the unconventional oil and gas industry and its use of hydraulic fracturing
Angus Energy has given more details about problems at its Lidsey oil site near Bognor Regis in West Sussex. It also likened one of Lidsey’s source rocks to the Bakken oil field in North Dakota.
Angus Energy has announced initial flow rates of 40 barrels of oil per day at its horizontal production well at Lidsey in West Sussex. Five months ago, Angus predicted a sustained 400 barrels a day at Lidsey (interview with IG Analysis).
The leading oil exploration company in the Weald in southern England announced this morning it had taken out a £10m loan.
Third Energy has told people living near its Kirby Misperton gas site in North Yorkshire that it is preparing to frack.
People living within 1.5km of Cuadrilla’s shale gas site in Lancashire are to share a £100,000 community benefit fund, the company confirmed today.
INEOS Shale, the company with the largest shale gas acreage in the UK, has added shares in five new exploration licences in three counties.
One of the companies behind oil production plans at Wressle in Lincolnshire is optimistic that it will overturn two planning refusals when a public inquiry starts next week.
The shale gas company, Cuadrilla, says it has now spent more than £4.7m in the Lancashire economy since January 2016.
UK Oil and Gas saw its shares rise in value by nearly 25% today following a statement on the company’s Broadford Bridge oil exploration site in West Sussex.
The former executive of one of the INEOS chemical companies has been appointed head of INEOS Shale, the UK’s largest holder of shale gas exploration licences.
DRILL OR DROP? 