“Bleak” outlook for fossil fuels as study finds 60% of oil and gas must stay in the ground to meet climate targets
A majority oil and gas reserves must remain in the ground to avoid the climate crisis, analysis published today concludes.
Horse Hill production continues slide
Oil production at the Horse Hill site in Surrey fell at the end of last year to its second lowest level so far.
Work underway at Wressle oil production site
A workover rig has been delivered to Egdon Resources’ Wressle oil site in North Lincolnshire to prepare the well for production.
UKOG issues 637m new shares to fund cuts in the cost of oil production
The company behind oil production at Horse Hill in Surrey has raised £1.275m in a share placing to pay for cost cuts.
UKOG delays capital spending because of coronavirus
UK Oil & Gas plc said today it had delayed its capital expenditure programme because of the covid-19 outbreak.
UKOG announces solution to formation water problem at Horse Hill
UK Oil & Gas plc has announced it has successfully shut-off the source of formation water that entered an oil well at its Horse Hill site in Surrey.
Angus announces early results of Balcombe well test
Angus Energy said this morning its Balcombe oil well in West Sussex had flowed at rates of 853 and 1,587 barrels of oil per day in tests. But the company said it had encountered unexpected water and ran out of time to do more than two tests because […]
Angus seeks another 10 years at Lidsey oil site
The oil company, Angus Energy, has applied for permission to produce from its Lidsey site near Bognor Regis in West Sussex for another 10 years.
Europa predicts planning success for Wressle and 500 barrels of oil production
One of the companies behind oil production plans at Wressle in Lincolnshire is optimistic that it will overturn two planning refusals when a public inquiry starts next week.
UK Oil & Gas unveils concept for multiple oil production sites across south
UK Oil & Gas, one of the companies behind the Horse Hill well near Gatwick Airport, is looking at multiple oil production sites across southern England.
DRILL OR DROP? 