Cuadrilla cuts value of oil and gas assets
The only company to frack horizontal shale gas wells onshore in the UK has cut the value of its exploration assets.
€25m loan for Star Energy
The UK onshore oil and gas company, Star Energy, has announced a new €25m loan.
Waddock Cross licence gets five-year extension
The licence containing the mothballed Waddock Cross oil field in Dorset has been granted a five-year extension by the industry regulator.
2023 UK onshore oil production sinks to new low
Onshore oil production in the UK fell again in 2023, to the lowest level for more than 30 years.
UK onshore oil and gas production in charts – December 2023
Daily onshore gas production was up 168% in December 2023 compared with the previous month, with the resumption of production at Saltfleetby.
Updated: UKOG pushes ahead with share plan to raise money for Loxley gas site
UK Oil & Gas has revived a bid to reorganise its share capital, needed to raise money for future projects, including a gas site in Surrey.
Updated: New drilling plans at West Newton
Partners in a scheme to produce oil and gas in East Yorkshire have announced what appear to be big changes to their plans.
Perenco confirms “potential” decommissioning of Wytch Farm by 2037
The operator of Wytch Farm, the UK’s largest onshore oil field, has confirmed it plans to decommission one of its wells by 2027 and may decommission all by 2037.
Spending doubles at Cuadrilla but no plans for future “substantive expenditure”
Cuadrilla’s Australian owner spent more than £0.75m in six months in the UK in 2023, more than double the amount in the previous year. But the company has no plans for future “substantive expenditure” on UK shale gas.
Misson shale gas well decommissioned
A shale gas well in Nottinghamshire that has been mothballed for more than four years has been decommissioned, officials have confirmed.
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