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.
Does fracking bring down gas prices?
Who says it will? Michael Fallon, Minister for Energy and Business “The potential prize is huge: cheaper bills for everybody” (31/7/13) http://www.telegraph.co.uk/earth/energy/10213985/The-potential-prize-from-fracking-is-huge.html Prime Minister, David Cameron Fracking has “real potential to drive energy bills down”. (11/8/13) http://www.telegraph.co.uk/news/politics/10236664/We-cannot-afford-to-miss-out-on-shale-gas.html Chancellor of the Exchequer, George Osborne “This is a major new energy source […]
DRILL OR DROP? 