Cuadrilla back in the red, value of shale gas assets to be cut
Cuadrilla’s Australian owner is to cut the value of UK shale gas exploration assets, following the reinstatement of the moratorium on fracking in England last year.
Labour to phase out onshore oil and gas as well as North Sea
Labour’s policy to end oil and gas exploration in the North Sea will also apply onshore, the party has said.
Anti-fracking MP, Caroline Lucas, to stand down at election
The Green Party MP, Caroline Lucas, who campaigns against fracking and the onshore oil and gas industry, has announced she will not fight the next election.
June 2023 headlines
Keep up to date with June 2023’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
UK onshore oil and gas production in charts – March 2023
DrillOrDrop’s review of the latest UK onshore production data, for March 2023, reveals the lowest monthly oil volume and daily extraction rate for 12 years, while flared gas was at a record high.
N Kelsey oil plans “clear and obvious conflict” with UK climate commitments – expert
The plan to drill for oil near the Lincolnshire village of North Kelsey conflicts with the UK’s international commitments to tackle climate change, a leading scientist has warned.
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.
Residents get go-ahead for court challenge to Balcombe oil test
Opponents of plans to test an oil well at the West Sussex village of Balcombe have got permission to bring a legal challenge.
UK onshore oil and gas production in charts – February 2023
DrillOrDrop’s review of the latest UK onshore production data for February 2023 reveals rising daily oil production but falls at the newest producing field at Wressle. Lower gas production at Saltfleetby contributed to falls in the UK onshore gas total.
UK onshore oil and gas production in charts – January 2023
DrillOrDrop’s review of the latest UK onshore production data for January 2023 reveals another record month for flaring at oil fields. For the first time in this series of articles, we’ve added data on onshore gas production.
DRILL OR DROP? 