Villagers applaud surprise council rejection of UKOG’s Dunsfold drilling plans
Dunsfold residents have welcomed a county council vote to refuse plans to drill near their Surrey village.
Redundancies at IGas in £1m cost cutting
IGas has announced redundancies, including the chief finance officer, in a £1m cost-cutting programme.
Union Jack becomes biggest player in Wressle oil field
Union Jack Oil plc is to pay £500,000 to become the largest single investor in the Wressle oil field in North Lincolnshire.
UKOG announces plan to boost production from “Gatwick Gusher”
UK Oil & Gas said today it would reperforate the Portland section of its first well at the Horse Hill oil site in Surrey.
Updated: Geological faults challenge fracking in the Fylde – new study
Complex geology in one of the UK’s leading shale gas regions places a major constraint on exploration and production, scientists have concluded.
May 2020 headlines
You can keep up with the news here with our digest of headlines about UK fracking, shale and onshore oil and gas, updated daily.
Two companies suspend production at some sites in response to low oil price
Two UK onshore companies announced today they were temporarily shutting-in some sites to cut production following falling oil and gas prices
UKOG issues 637m new shares to fund cuts in the cost of oil production
The company behind oil production at Horse Hill in Surrey has raised £1.275m in a share placing to pay for cost cuts.
“Oil prices to remain low and very volatile”
The former head of BP and the fracking firm Cuadrilla has warned that oil prices will remain low for “some considerable time”.
2019 UK onshore oil production continues downward trend
UK onshore oil production fell in 2019 to its lowest point for eight years, official data has revealed.
DRILL OR DROP? 