UK onshore gas production fell again in May 2025, for the fifth consecutive month. The May figure was the lowest for 18 months, despite a small increase in production from the largest field at Saltfleetby. Onshore oil volume was up slightly in May 2025 compared with April – […]
Angus Energy says its talks with its lender, Trafigura, are continuing over a proposed reverse takeover of US production assets and the revision of the loan repayment schedule.
UK onshore gas volumes fell for the fourth consecutive month in April 2025. Production was the lowest for 18 months, down 23% on March 2025.
The operator of the UK’s largest onshore gasfield is facing doubts over its ability to continue as a going concern.
The chief executive of the oil and gas company, Angus Energy, has a resigned, a statement said this morning.
Daily onshore gas production was down 10% in March 2025, compared with February – the lowest level since July last year. Daily oil production was down 3% on the month.
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.
DRILL OR DROP? 