DrillOrDrop’s review of the latest UK onshore oil data for March 2022: daily production down below 14,000 barrels
Annual UK onshore oil production has fallen again, continuing a downward trend in 2021 that began in the 1990s.
Follow onshore oil production trends with our review of the latest official monthly data
Key figures Daily production: 14,399.66 barrels per dayWeight: 58,472.4 tonnesVolume: 70,967 m3Volume of onshore as a proportion of UK total oil production: 1.80%
Key figures Daily production: 14,070 barrels of oil per day (bopd) Weight: 57,122 tonnes Volume: 69,346m3 Volume of onshore as a proportion of UK total oil production: 1.88%
INEOS Shale, the company with the largest shale gas acreage in the UK, has added shares in five new exploration licences in three counties.
IGas declared a loss of £19.3m for the six months to the end of September, according to results published today. The figure compares with a loss of £3.8m for the same period a year ago.