The UK onshore industry needs to raise money to plug and abandon hundreds of redundant oil wells as part of the energy transition, Angus Energy’s chief executive told DrillOrDrop.
Almost two-thirds of the gas flared onshore in the UK in May 2024 was from one site, at Singleton in West Sussex. Three fields were responsible for more than half the gas vented onshore.
Angus Energy is seeking permission to drill up to four new wells at the UK’s largest onshore producing gas field.
Production fell at Wressle, the UK’s newest onshore oil producer, but rose at Saltfleetby, the country’s largest onshore gas producer.
UK onshore gas production rose 6% in January 2024, with the second consecutive monthly increase at the leading field, Saltfleetby.
Onshore oil production in the UK fell again in 2023, to the lowest level for more than 30 years.
Campaigners have called for a “blanket ban” on new oil and gas developments in new planning rules proposed for Hampshire.
Keep up to date with March 2024’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
Keep up to date with February 2024’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
UK onshore gas volumes in November fell dramatically with production suspensions at Saltfleetby.
DRILL OR DROP? 