UK Oil and Gas Investments, one of the companies behind the Horse Hill oil well near Gatwick, has paid £3.5m for a Petroleum Exploration and Development Licence (PEDL) in the West Sussex Weald.
UK Oil & Gas Investments, one of the companies with interests in the Horse Hill exploratory oil well near Gatwick, has announced it is to invest an extra £4m in the Weald basin in southern England.
The majority investor in the Horse Hill oil well near Gatwick is claiming record UK onshore flow rates. After completing initial flow tests, UK Oil & Gas described the results this morning as “outstanding” and equivalent to rates from the North Sea.
People living near the Horse Hill oil well in Surrey have complained to the Environment Agency about smells during flow tests yesterday.
In the past week, UK Oil & Gas, one of the companies with an interest in the Horse Hill well near Gatwick, has announced plans for well testing at the site. It also said it would apply for permissions to produce oil at Markwells Wood, an exploratory site […]
The volume of oil in the area round Gatwick could be 70% higher than previously estimated, according to UK Oil and Gas.
Magellan Petroleum, the American company with an interest in the Horse Hill well near Gatwick, has commented on the announcement about huge quantities of oil in the Weald made by its partner UK Oil & Gas Investments.
UK Oil and Gas Investments, the company that claimed last week it had discovered 100bn barrels of oil in the Weald, announced this morning it doesn’t actually know how much oil there is.
UK Oil & Gas, one of the companies behind the Horse Hill exploratory oil well near Gatwick airport, announced this morning it estimated there were 158m barrels of oil per square mile in the Weald Basin. This could mean 50bn-100bn barrels across the region, meeting up to 30% […]
The Horse Hill well near Horley in Surrey found oil in three unconventional rock formations, according to the results of analysis released yesterday. Anti-fracking campaigners say it confirms their suspicions about the site near Gatwick Airport.
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