Expansion plans published for Wressle oil site
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.
Wressle reserves upgraded
A report on the Wressle oil field in North Lincolnshire has upgraded reserves.
Wressle oil earns Europa £5.3m – annual accounts
The Wressle oil field in North Lincolnshire earned Europa Oil & Gas £5.3m in the past year, the company reported this week.
Wressle oil well producing water
The UK’s newest oilfield has begun producing water, the operator has confirmed.
Egdon shares rise 80%+ as it agrees to £27m takeover
Egdon Resources, the company behind the UK’s newest onshore oil producer, announced this morning it has agreed to a takeover by Petrichor Partners.
Wressle boosts Egdon production
Egdon Resources increased oil production by 27% in the second half of 2022, thanks to the Wressle field in North Lincolnshire.
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.
Egdon reports 530% increase in oil and gas revenues
The oil and gas operator, Egdon Resources, has reported increased revenues of more than 530% because of rising production and prices.
Union Jack shares fall on Wressle estimates
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.
Wressle oil helps lift Union Jack revenues by 1000%+ in 2021 – accounts
The leading partner in the Wressle oil site has reported an increase in revenues of 1099% in 2021, compared with the year before.
DRILL OR DROP? 