DrillOrDrop’s review of the latest UK onshore production data, for March 2023, reveals the lowest monthly oil volume and daily extraction rate for 12 years, while flared gas was at a record high.
Flaring in the North Sea has halved in the past four years, the industry regulator announced today. But analysis by DrillOrDrop shows that flaring at onshore fields reached record levels in 2022.
Routine flaring on oil and gas fields should be banned by 2025, a review of the government’s net zero strategy has concluded.
DrillOrDrop’s review of the latest UK onshore oil data for October 2022: the monthly volume of flared gas was the highest reported since records began six years ago
DrillOrDrop’s review of the latest UK onshore oil data for June 2022: daily onshore oil production was still at historically low levels, despite increasing oil prices.
DrillOrDrop’s review of the latest UK onshore oil data for January 2022: production down despite high prices
Environmental campaigners have criticised the decision to allow more time to develop the controversial Cambo oil field, west of Shetland.
Follow onshore oil production trends with our review of the latest official monthly data
IGas has announced redundancies, including the chief finance officer, in a £1m cost-cutting programme.
The onshore oil and gas company, Union Jack Oil has announced a loss of £1.1m in its accounts for 2018, published today. This compares with a deficit of £0.75m in 2017.
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