Predictions for a single gas well in East Yorkshire suggest initial production could exceed many entire fields in the North Sea.
Development of the controversial Cambo oil field off Shetland has been paused.
The target of the Lidsey oil field in West Sussex is not where it was previously predicted, the operator said today.
The proposed Cambo oilfield off Shetland “should not get the green light”, Nicola Sturgeon said today.
Key figures Daily production: 14,070 barrels of oil per day (bopd) Weight: 57,122 tonnes Volume: 69,346m3 Volume of onshore as a proportion of UK total oil production: 1.88%
Angus Energy says its gas field at Saltfleetby in Lincolnshire is “on track for re-commissioning” in December2021.
Annual UK onshore oil production has fallen to its lowest level since 2011.
The largest investor in the onshore Biscathorpe and Wressle oil fields in Lincolnshire has announced its first involvement in the North Sea.
Plans by Angus Energy to install a new pipeline from its Saltfleetby gas site in Lincolnshire have been approved.
IGas declared a pre-tax loss of £59.1m for 2019 in its group annual results published today. This was up from £25.1m in 2018.