Updated: New sidetrack well planned for Whisby oil field
Plans for a new sidetrack production well at the Whisby oilfield are being considered by Lincolnshire planners.
Union Jack shares fall on Wressle estimates
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.
Wressle oil boosts Europa’s half-year accounts
Europa Oil & Gas has claimed its strongest interim financial performance for seven years, driven by oil production from the Wressle site in North Lincolnshire.
Latest UK onshore oil production – October 2021
Follow onshore oil production trends with our review of the latest official monthly data
“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.
DRILL OR DROP? 