Angus works with lender on takeover
The operator of the UK’s largest onshore gasfield is working with its lender on the potential takeover of production assets off the southern USA.
The operator of the UK’s largest onshore gasfield is working with its lender on the potential takeover of production assets off the southern USA.
UK onshore oil daily production rose 2% in February 2025, compared with the previous month but daily onshore gas production dropped 4%.mm
The volume of UK onshore gas fell nearly 4.5% in January 2025, compared with the month before. This was the lowest monthly volume since September 2024 and mainly because a fall in production at Saltfleetby.
The UK’s biggest onshore gas producer has reported an annual loss of more than £4m, down more than 100% on the profit in the year before.
2024 UK onshore oil production fell for the 11th consecutive year to the lowest level for 37 years, according to official data published this week.
The volume of UK onshore oil produced in December 2024 was up 5% , compared with the month before, almost topping the record for the year.
UK production of onshore oil was up in November 2024 but onshore gas was down, according to official figures just released.
Catch up with recent UK onshore oil and gas applications and decisions with DrillOrDrop’s update.
DrillOrDrop’s diary of events in 2025 involving the UK onshore oil and gas industry and campaigns about it.
October 2024 saw the lowest daily production rate for UK onshore oil since the oil leak at Wytch Farm 18 months earlier.