Gas production at Saltfleetby in Lincolnshire helped to generate revenue of nearly £16.5m for Angus Energy in the six months to March 2023. This compared to £27,000 for the same period in 2022.
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.
Oil production from the Wressle field in north Lincolnshire helped boost annual revenue by 349% for Union Jack, the company said today.
The Wressle production site in Lincolnshire has helped Europa Oil & Gas quadruple its annual revenues.
The oil and gas operator, Egdon Resources, has reported increased revenues of more than 530% because of rising production and prices.
The shale gas company, IGas, said today it could drill 80 wells by this time next year, with the “right government support”.
Union Jack Oil has revealed plans for two new wells next year, as it reported its first profit.
Disruption by climate campaigners today forced Shell to pause its first AGM since moving headquarters to London.
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.
More than three-quarters of people want a windfall tax on fossil fuel companies, according to a national survey published today.
DRILL OR DROP? 