£4m+ loss at Angus Energy – annual accounts
The UK’s biggest onshore gas producer has reported an annual loss of more than £4m, down more than 100% on the profit in the year before.
The UK’s biggest onshore gas producer has reported an annual loss of more than £4m, down more than 100% on the profit in the year before.
2024 UK onshore oil production fell for the 11th consecutive year to the lowest level for 37 years, according to official data published this week.
Catch up with recent UK onshore oil and gas applications and decisions with DrillOrDrop’s update.
DrillOrDrop’s diary of events in 2025 involving the UK onshore oil and gas industry and campaigns about it.
DrillOrDrop will be reporting in 2025 on the continuing repercussions of the Finch judgement at the Supreme Court.
In 2024 the country’s highest court ruled on the climate impact of UK onshore oil and gas production, with tumultuous results for the industry.
People are being asked to comment on plans by Angus Energy to transport highly saline water extracted from other oil and gas sites to prolong production at a well in Surrey.
The UK onshore industry needs to raise money to plug and abandon hundreds of redundant oil wells as part of the energy transition, Angus Energy’s chief executive told DrillOrDrop.
Keep up to date with June 2024’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
Almost a fifth of UK onshore production fields have extracted no oil or gas in the past five years, according to analysis by DrillOrDrop.