Two companies are banking on the approval of consent for oil production at the Wressle well in Lincolnshire and that it brings in expected revenues.
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 […]
Egdon Resources has announced plans for seven new oil and gas wells over the next year. Four of the wells are in Lincolnshire and have planning permission. Another, near Dorking in Surrey, also has approval after the company’s partner, Europa, won a planning appeal.
The latest government information shows five onshore oil and gas wells were completed in the UK in first half of 2015. This is two fewer than for the same time last year and four down on 2013.
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