31 North Sea licences in offered in offshore wind zones
The UK confirmed new licences this morning allowing oil and gas companies to explore in parts of the North Sea previously allocated for offshore wind power.
Perenco fined record £225,000 for breaching venting limit
The company that runs Wytch Farm, the UK’s largest onshore oilfield, has been fined a record sum for releasing gas without permission.
Waddock Cross licence gets five-year extension
The licence containing the mothballed Waddock Cross oil field in Dorset has been granted a five-year extension by the industry regulator.
UK onshore oil and gas production in charts – January 2024
UK onshore gas production rose 6% in January 2024, with the second consecutive monthly increase at the leading field, Saltfleetby.
Industry plan to cut flaring and venting
Oil and gas operators must take action to reduce flaring and venting, the industry regulator said today.
Loxley drilling deadline extended again
The deadline to start drilling a gas exploration well in Surrey has been extended again.
More exploration time for Europa in Scarborough licence
Europa Oil & Gas has announced it has been given more time to explore for gas in a licence in North Yorkshire
Ryedale gas licences lapse and former fracking firm changes hands again
Licences to produce gas in the Ryedale area of North Yorkshire have lapsed and the operator, Third Energy, has been acquired by a geothermal group.
2 onshore oil and gas wells drilled in 2023 – official data
Just two onshore oil and gas wells were drilled in 2023 – and one of them has already been abandoned. This is despite government policy to “max out” domestic resources.
Horse Hill initial farm-in agreement extended
The majority owner of the Horse Hill oil field in Surrey has announced an extension to the initial farm-in agreement with the Texas-focused PennPetro Energy.
DRILL OR DROP? 