Oil and gas earnings down 38% at Star Energy
The oil and gas company, Star Energy, said this week it was under increasing strain in a challenging operating environment.
CEO interview: “Onshore oil industry must generate cash for well decommissioning”
The UK onshore industry needs to raise money to plug and abandon hundreds of redundant oil wells as part of the energy transition, Angus Energy’s chief executive told DrillOrDrop.
West Newton: Delays and missed deadlines
Analysis by DrillOrDrop reveals that the West Newton oil and gas field in East Yorkshire has seen more than 15 years of delays, missed deadlines and changing plans.
Star Energy’s revenue hit by oil and gas price falls
Lower commodity prices hit Star Energy last year, the company revealed today in annual accounts.
“Expansion of fossil fuel production not in line with net zero” – CCC
Government advisors have accused ministers of lacking leadership on climate change and sending conflicting messages on fossil fuels.
Egdon reports 530% increase in oil and gas revenues
The oil and gas operator, Egdon Resources, has reported increased revenues of more than 530% because of rising production and prices.
Updated: Increased prices and production turn loss to profit for Egdon Resources
The operator of the Wressle oil field in North Lincolnshire reported a 500% increase in oil and gas revenues in its latest interim accounts today.
Latest UK onshore oil production data – January 2022
DrillOrDrop’s review of the latest UK onshore oil data for January 2022: production down despite high prices
Planners back third time extension at North Kelsey oil site – despite 1,000+ opponents
Council officials have supported plans for more time at an undeveloped well site in Lincolnshire, where the only work carried out since 2014 has been on the site entrance.
CCC backs limits on UK oil and gas production and a presumption against future exploration
The UK’s official advisor on climate change has said it would support a government presumption against future oil and gas exploration.
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