Reporting on the unconventional oil and gas industry and its use of hydraulic fracturing
INEOS is the big winner in today’s oil and gas licence announcement. The company has been granted 21 licences covering 37 blocks. The company now has exclusive rights to exploit oil and gas from 700,000 acres, to add to its existing licence area covering 300,000 acres. The INEOS […]
The Oil and Gas Authority has formally licences covering 159 10km square blocks announced in August. 27 licences in the first tranche of the 14th licensing round and 132 in the second tranche have been offered to 47 companies. 57 licences have no conditions over activities in the […]
IGas declared a loss of £19.3m for the six months to the end of September, according to results published today. The figure compares with a loss of £3.8m for the same period a year ago.
Cuadrilla Resources is giving up on its exploratory shale gas site at Becconsall on the edge of the Ribble Estuary.
The parent company of Rathlin Energy, which is exploring for gas in East Yorkshire, is selling all its assets in Canada to focus on the UK. The Calgary-based Connaught Oil & Gas Ltd has oil wells and acreage in Alberta which it has valued at $4.22m. Sayer Energy […]
Egdon Resources has announced plans for seven new oil and gas wells over the next year. Four of the wells are in Lincolnshire and have planning permission. Another, near Dorking in Surrey, also has approval after the company’s partner, Europa, won a planning appeal.
A planning application by IGas for two exploratory shale gas wells at Misson in Bassetlaw opened for consultation today.
The chairman of Rathlin Energy, David Montagu-Smith, said yesterday his company would give up its drilling licence in County Antrim, Northern Ireland.
In the past week, UK Oil & Gas, one of the companies with an interest in the Horse Hill well near Gatwick, has announced plans for well testing at the site. It also said it would apply for permissions to produce oil at Markwells Wood, an exploratory site […]
A supporter of Cuadrilla’s plans to frack in Lancashire will be allowed to take an active part in the forthcoming public inquiry into the company’s planning applications.
DRILL OR DROP? 