£4m+ loss at Angus Energy – annual accounts
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.
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.
All the new onshore oil and gas wells in the UK in 2024 were drilled on a single small island in Poole Harbour, according to official data analysed by DrillOrDrop.
DrillOrDrop will be reporting in 2025 on the continuing repercussions of the Finch judgement at the Supreme Court.
In 2024 the country’s highest court ruled on the climate impact of UK onshore oil and gas production, with tumultuous results for the industry.