Report estimates potential value of UKOG’s Surrey gasfield
The gasfield near the Surrey village of Dunsfold could generate up to £124m for the operator, UK Oil & Gas plc, according to a report released today.
The gasfield near the Surrey village of Dunsfold could generate up to £124m for the operator, UK Oil & Gas plc, according to a report released today.
The company behind plans to explore for gas near a Surrey village has threatened to sue a senior local councillor for libel.
The shale gas company, Cuadrilla, has got three more years in which to seek consent for two new wells near Blackpool in Lancashire.
The decision on plans by UK Oil & Gas to drill at Dunsfold in Surrey have been put back again.
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.
UK Oil & Gas plc has given details of a proposed new well site in Surrey.
UK Oil and Gas predicted today it would drill two new wells next year following the extension of one of its Weald licences in southern England.
The exploration company. UKOG, announced this morning it had suspended its well at Broadford Bridge in West Sussex, after describing observed oil flows as likely to be “sub-commercial”.
UK Oil and Gas Investments, one of the companies behind the Horse Hill oil well near Gatwick, has paid £3.5m for a Petroleum Exploration and Development Licence (PEDL) in the West Sussex Weald.