Oil and gas earnings down 38% at Star Energy
The oil and gas company, Star Energy, said this week it was under increasing strain in a challenging operating environment.
The oil and gas company, Star Energy, said this week it was under increasing strain in a challenging operating environment.
Europa Oil & Gas plc saw a near halving of oil production at its onshore sites, according to the latest annual report.
Almost a fifth of UK onshore production fields have extracted no oil or gas in the past five years, according to analysis by DrillOrDrop.
The Wressle oil field in North Lincolnshire earned Europa Oil & Gas £5.3m in the past year, the company reported this week.
The Wressle production site in Lincolnshire has helped Europa Oil & Gas quadruple its annual revenues.
Follow onshore oil production trends with our review of the latest official monthly data
The future of Europa Oil & Gas Limited depends on production this year from the Wressle well in north Lincolnshire, the company’s accounts have revealed.
DrillOrDrop reports on developments and prospects at North Kelsey, Biscathorpe, Wressle and Crosby Warren in Linconshire.
Views are being sought on applications for environmental permits at 15 established oil and gas sites across the UK.