Production from the Wressle oil site near Scunthorpe will break even at $17.62 a barrel, the operator, Egdon Resources, has said. In an update, the company’s managing director, Mark Abbott, said: “Our modelling shows that the Wressle development is economically robust at and below the current oil price […]
Decisions on plans for Balcombe and Broadford Bridge oil sites in West Sussex will be delayed because of the Covid-19 virus.
An oil company should be given another two years to decide whether its site in West Sussex is viable, planners recommended today.
Proposals to test the Balcombe oil well in West Sussex would compromise the protected landscape of the High Weald, council planners said today.
A government fund to help English councils deal with shale gas planning applications appears to have paid out just 20% of what was available.
Ineos has withdrawn the long-running planning application for coalbed methane extraction at Airth in Falkirk. Opponents of the scheme for 22 new wells and 14 new sites described the decision as “fantastic news”.
UKOG has announced that it has consent for long-term production from its Horse Hill site in Surrey from the Oil & Gas Authority (OGA).
Plans for an alternative access to UKOG’s proposed oil and gas site at Dunsfold in Surrey have been withdrawn.
The fracking company, Cuadrilla, has breached rules on monitoring the flare at its Preston New Road shale gas site in Lancashire.
Life must be made difficult for oil and gas companies that increase – or fail to reduce – carbon emissions, Lancashire anti-fracking campaigners have argued.
DRILL OR DROP? 