Star Energy to quit shale gas licences
One of the biggest potential players in UK onshore fracking has said it is giving up its shale gas licences.
One of the biggest potential players in UK onshore fracking has said it is giving up its shale gas licences.
A shale gas well in Nottinghamshire that has been mothballed for more than four years has been decommissioned, officials have confirmed.
Work to plug and abandon one of England’s few shale gas wells has been delayed – but it is due to be completed “within the next week”, DrillOrDrop has learned.
One of the UK’s leading would-be fracking companies appears to be turning away from shale gas.
For the first time since 1935, no onshore oil or gas wells were drilled in a calendar year, according to 2021 data from the industry regulator.
IGas has confirmed it has relinquished the Tinker Lane shale gas licence in Nottinghamshire and written off £10m in exploration costs. But the company said it was continuing to work with regulators and government to end the moratorium on fracking in England.
Shale gas companies are working with two British universities to investigate whether UK boreholes could be turned into deep science laboratories.
Losses in IGas more than doubled in 2019 to more than £50m as the company turned its back on shale exploration in north west England, annual accounts have revealed.
Eric Walton has been photographing the IGas shale gas site at Tinker Lane in north Nottinghamshire since construction work began in spring 2018.
IGas has confirmed that restoration is now underway at its first shale gas site in the East Midlands.