UK onshore oil production is being held back by new regulations on water reinjection, Angus Energy told investors this evening.
Third Energy has finalised the sale of its onshore business.
An onshore oil and gas licence in southern England moved into its production phase this week. But the operator has not yet drilled a well in the area that has been proved to be successful.
Oil and gas companies have been given more time to carry out work in 10 English licence areas.
Events in June 2019 and beyond about UK fracking, onshore oil and gas and campaigning
Who pays for clean-ups and decommissioning if an onshore operator goes bust? It’s a question that is concerning MPs and landowners. In this guest post, researcher and anti-fracking campaigner, Ben Dean, looks at the rules for decommissioning and argues for tougher controls.
Third Energy Holdings Limited has announced it has sold its troubled onshore gas business, which includes well sites in North Yorkshire.