The exploration and production company, Union Jack Oil, is planning to withdraw from three licences in 2020 because of falls in their value.
Egdon Resources has been moving equipment off its oil exploration site at Laughton in Lincolnshire after deciding to abandon the well.
Egdon Resources confirmed this morning drilling has begun at Laughton – the company’s second well to be sunk in Lincolnshire this year. In a statement Egdon said the Laughton-1 well was spudded (the beginning of drilling a new well) on Friday (12th February 2016). In January, Egdon spudded […]
The short answer is not many companies sank wells anywhere onshore in 2015. The number of oil and gas wells drilled in the UK in 2015 was the lowest for almost 40 years.
As campaigners against drilling establish a camp outside Europa’s Kiln Lane site near Immingham, Biff Vernon outlines the local geology and explains what the well could mean for oil and gas development in the region