The exploration and production company, IGas, said today it was reviewing its capital spending plans with the increase in the oil price.
The moratorium on fracking, along with planning delays and weak commodity prices are a challenge for the future, Egdon Resources has concluded
DrillOrDrop’s round-up of the possible action on UK fracking and onshore oil and gas developments in 2020.
The number of onshore oil and gas wells drilled in the UK in 2019 was up slightly on 2018, which was a 68-year low for the industry. This year, operators spudded (began drilling) four, or possibly five wells, depending on how you count your wells.
2019 saw a Conservative government withdraw its support from fracking and introduce a moratorium on the process.
Two women who took part in a lock-on protest during an anti-fracking demonstration outside the IGas shale gas site at Misson in Nottinghamshire have been found not guilty of obstruction.
IGas has confirmed that restoration is now underway at its first shale gas site in the East Midlands.
Will Cuadrilla resume fracking this month at Preston New Road in Lancashire? Will drilling begin at Horse Hill in Surrey? Will IGas announce plans for Springs Road in Nottinghamshire?
IGas said results from its Springs Road exploration well in Nottinghamshire were “highly encouraging” and a “step forward for shale gas development in the east midlands”.
Policing at two IGas shale gas sites in Nottinghamshire has cost nearly a million pounds, campaigners have revealed.