Cuadrilla cuts value of oil and gas assets
The only company to frack horizontal shale gas wells onshore in the UK has cut the value of its exploration assets.
The only company to frack horizontal shale gas wells onshore in the UK has cut the value of its exploration assets.
The UK’s second largest onshore oil production site has published proposals to increase its footprint by about a third and drill two new wells.
Shale gas opponents were celebrating victory today in a 10-year David and Goliath battle in Nottinghamshire.
Cuadrilla’s Australian owner spent more than £0.75m in six months in the UK in 2023, more than double the amount in the previous year. But the company has no plans for future “substantive expenditure” on UK shale gas.
A shale gas well in Nottinghamshire that has been mothballed for more than four years has been decommissioned, officials have confirmed.
DrillOrDrop’s checklist of what to look out for in 2024 on UK onshore oil and gas. You can also catch up with the headlines from 2023 in our review of the year.
The UK’s shortest serving prime minister has called for a revival of fracking for shale gas.
Equipment to plug and abandon the mothballed well at a shale gas site in north Nottinghamshire was delivered this morning.
Restoration of Nottinghamshire’s only shale gas site is due to begin later this month.
Cuadrilla’s Australian owner is to cut the value of UK shale gas exploration assets, following the reinstatement of the moratorium on fracking in England last year.