2019 – disappointing year for many onshore oil and gas investors
Shareholders in most UK onshore oil and gas companies could be forgiven for looking forward to the end of 2019.
Shareholders in most UK onshore oil and gas companies could be forgiven for looking forward to the end of 2019.
The number of onshore oil and gas wells drilled in the UK in 2019 was up slightly on 2018, which was a 68-year low for the industry. This year, operators spudded (began drilling) four, or possibly five wells, depending on how you count your wells.
2019 saw a Conservative government withdraw its support from fracking and introduce a moratorium on the process.
The DrillOrDrop team wishes all our readers a very happy Christmas.
Statements made by partners in the oil and gas well at West Newton in East Yorkshire have prompted opponents to question future plans for the site.
Shares in UK Oil & Gas plc fell 8% today following a statement on testing its new well at the Horse Hill site near Gatwick Airport.
The Mayor of London, Sadiq Khan, has rejected the recommendation of the Planning Inspectorate to drop an anti-fracking policy from the London Plan.
The government has followed up on its manifesto commitment to examine the system of judicial review.
Cuadrilla’s Australian investor has suggested that the shale gas company will be looking at new exploration sites next year.
The oil company behind oil drilling at Horse Hill near Gatwick Airport said it was considering whether to take legal action against two climate protesters.