Ashover Grit – DRILL OR DROP?

Expansion plans published for Wressle oil site

The UK’s second largest onshore oil production site has published proposals to increase its footprint by about a third and drill two new wells.

A report on the Wressle oil field in North Lincolnshire has upgraded reserves.

The UK’s newest onshore oil production site has confirmed it is planning two new wells.

The UK’s newest oilfield has begun producing water, the operator has confirmed.

Egdon Resources increased oil production by 27% in the second half of 2022, thanks to the Wressle field in North Lincolnshire.

The oil and gas operator, Egdon Resources, has reported increased revenues of more than 530% because of rising production and prices.

Shares in Union Jack Oil fell more than 20% on the publication of an assessment of the Wressle oil field in North Lincolnshire this morning.

The operator of the Wressle oil well in North Lincolnshire has said production could reach 1,543 barrels per day.

A controversial operation to improve oil flow at a site in Lincolnshire has been successful, the operator said this morning.

A key document needed to allow small-scale fracking at Wressle in north Lincolnshire has not yet been approved.