The Wressle production site in Lincolnshire has helped Europa Oil & Gas quadruple its annual revenues.
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.
Tax relief has pushed the shale gas company, Cuadrilla, into profit, company accounts have revealed.
UK Oil & Gas has revealed that it has given up its licence to explore for hydrocarbons on the Isle of Wight.
The leading partner in the Wressle oil site has reported an increase in revenues of 1099% in 2021, compared with the year before.
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.
UK Oil & Gas plc is investigating international oil and gas projects and renewable schemes at home, the company’s annual accounts said today.
Angus Energy has reported increased estimates of cash flow from its Saltfleetby site in Lincolnshire. But the company is likely to have to wait longer to see them with another delay in the date when gas is expected to flow.
IGas has confirmed it has relinquished the Tinker Lane shale gas licence in Nottinghamshire and written off £10m in exploration costs. But the company said it was continuing to work with regulators and government to end the moratorium on fracking in England.