Plans have been submitted for a new sidetrack well, testing and long-term production at the Biscathorpe oil site near Louth in Lincolnshire.
Wells drilled at the Lidsey wellsite in West Sussex were probably on the edge of the oil reservoir, rather than the crest, the site operator has announced.
Rathlin Energy is planning up to 90 weeks of 24-hours-a-day drilling at one of its wellsites in East Yorkshire.
Union Jack Oil is spending £1m to become the largest investor in the Biscathorpe oil licence in Lincolnshire.
Egdon Resources reported a £4.75m loss today, along with falling production and revenues.
A workover rig has been delivered to Egdon Resources’ Wressle oil site in North Lincolnshire to prepare the well for production.
As expected, UK Oil & Gas plc has announced it is to appeal against the refusal of planning permission for gas exploration at its proposed Loxley well site near Dunsfold in Surrey.
Drilling results from Rathlin Energy’s West Newton B site in East Yorkshire indicate a “substantial hydrocarbon accumulation”, partners said this morning.
The drilling rig at Rathlin Energy’s West Newton-B site in East Yorkshire will be allowed to stay for another two months, council officials have confirmed.
Union Jack Oil announced this morning it is to lend £1m to Egdon Resources, the operator of the Wressle oil site in north Lincolnshire.