Latest onshore oil production – September 2022
DrillOrDrop’s review of the latest UK onshore oil data for September 2022: First production figures published for Egdon’s Wressle oil site near Scunthorpe in North Lincolnshire.
DrillOrDrop’s review of the latest UK onshore oil data for September 2022: First production figures published for Egdon’s Wressle oil site near Scunthorpe in North Lincolnshire.
The oil and gas operator, Egdon Resources, has reported increased revenues of more than 530% because of rising production and prices.
Shares in Union Jack Oil fell more than 20% on the publication of an assessment of the Wressle oil field in North Lincolnshire this morning.
The leading partner in the Wressle oil site has reported an increase in revenues of 1099% in 2021, compared with the year before.
Europa Oil & Gas has claimed its strongest interim financial performance for seven years, driven by oil production from the Wressle site in North Lincolnshire.
The operator of the Wressle oil well in North Lincolnshire has said production could reach 1,543 barrels per day.
The operator of the Wressle oil site in North Lincolnshire said well testing would be completed early next year.
Union Jack Oil announced this morning that the proppant squeeze planned for the Wressle oil well in North Lincolnshire had been approved.
A key document needed to allow small-scale fracking at Wressle in north Lincolnshire has not yet been approved.
A workover rig has been delivered to Egdon Resources’ Wressle oil site in North Lincolnshire to prepare the well for production.