“Oil prices to remain low and very volatile”
The former head of BP and the fracking firm Cuadrilla has warned that oil prices will remain low for “some considerable time”.
The former head of BP and the fracking firm Cuadrilla has warned that oil prices will remain low for “some considerable time”.
The short answer is not many companies sank wells anywhere onshore in 2015. The number of oil and gas wells drilled in the UK in 2015 was the lowest for almost 40 years.