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.
The government is proposing no changes to national planning policy for onshore oil and gas.
Production fell at Wressle, the UK’s newest onshore oil producer, but rose at Saltfleetby, the country’s largest onshore gas producer.
UK onshore gas production rose 6% in January 2024, with the second consecutive monthly increase at the leading field, Saltfleetby.
UK onshore gas volumes in November fell dramatically with production suspensions at Saltfleetby.
Campaigners challenging well testing in the West Sussex village of Balcombe believe their case has been helped by a minister’s recent admission on production from new oil fields.
The former energy minister, Chris Skidmore, has resigned over new legislation to offer more offshore oil and gas licences, prompting another by-election.
UK onshore oil and gas production fell for the second consecutive month in September 2023, with more drops in extraction from leading fields at Wytch Farm, Wressle and Saltfleetby.
Angus Energy’s gas site at Saltfleetby reached record levels for a second consecutive month since production resumed last year. This helped push the onshore contribution to total UK gas production to its highest level for a year.
Star Energy – formerly known as IGas – has taken a majority stake in the owner of a geothermal exploration licence in northern Croatia.
DRILL OR DROP? 