Egdon’s late life oil fields “unprofitable” at current prices
Egdon Resources has said it is cutting costs because low oil prices following the coronavirus outbreak have hit profitability in its fields.
April 2020 headlines
You can keep up with the news here with our digest of headlines about UK fracking, shale and onshore oil and gas, updated daily.
Europa cuts costs to fund Wressle oil production
Europa Oil & Gas, one of the main investors in oil production plans at Wressle, announced today it had cut salaries and cancelled non-core contracts because of the coronavirus outbreak and oil price falls.
Oil partners “optimistic” about finding oil with Biscathorpe sidetrack
An oil formation in Lincolnshire, missed by a well drilled last year, could be reached by a new sidetrack, a group of companies said today.
More equipment leaves Cuadrilla’s fracking site
Cuadrilla has taken more equipment off its fracking site near Blackpool this week.
Regulator promises “flexibility” on compliance and licences during coronavirus
The Oil & Gas Authority has said it is working with the industry during the covid-19 outbreak to safeguard energy supply and jobs.
Campaigners ask court to scrap UKOG injunction against oil and gas protests
Lawyers for five opponents of oil and gas operations in southern England have applied to the High Court to strike out an interim injunction granted to UKOG against protests at its sites.
