The operator of the Wressle oil field in North Lincolnshire reported a 500% increase in oil and gas revenues in its latest interim accounts today.
Annual UK onshore oil production has fallen again, continuing a downward trend in 2021 that began in the 1990s.
IGas shares dropped nearly 18% today following news of the impact of Covid-19 on production.
2021 was a year when key decision-makers, institutions and the public said no to the onshore oil and gas industry, often for the first time.
DrillOrDrop reviews what might happen in 2021 to UK onshore fracking and other oil and gas developments.
The owner of the fracking firm Cuadrilla predicted today that England’s moratorium on hydraulic fracturing would be lifted – but not before 2021.
IGas has been granted extra time for exploration work in six oil and gas licences awarded three years ago.