Loxley drilling deadline extended again
The deadline to start drilling a gas exploration well in Surrey has been extended again.
The deadline to start drilling a gas exploration well in Surrey has been extended again.
UKOG shares dropped more than a third today on news that the company had abandoned testing the Pinarova-1 well in Turkey. The company said it was “disappointed” that the well had not met its expectations.
A company that wants to delay restoration of an oil well to explore using geothermal heat for tea growing has been accused of “clutching at tea leaves”.
A suspended oil site in West Sussex, where no work has been carried out for nearly six years, could supply geothermal heat for farming, including tea production, according to new plans.
Just two onshore oil and gas wells were drilled in 2023 – and one of them has already been abandoned. This is despite government policy to “max out” domestic resources.
A small group of campaigners is seeking to challenge the decision by a planning inspector to allow long-term oil production in one of the country’s most beautiful areas.
The operator of the Wressle oilfield in North Lincolnshire said today it wanted to extend the site and add two new production wells that would extract hydrocarbons for 10-15 years.
Work to plug and abandon one of England’s few shale gas wells has been delayed – but it is due to be completed “within the next week”, DrillOrDrop has learned.
Rathlin Energy, the company which runs oil and gas sites in East Yorkshire, is seeking extra funding to pay for drilling and testing obligations.
Star Energy – formerly known as IGas – has taken a majority stake in the owner of a geothermal exploration licence in northern Croatia.