UKOG reveals reasons for Weald licence surrender
An official report by UK Oil & Gas plc reveals why it gave up a licence to develop hydrocarbons in parts of Surrey and West Sussex.
Broadford Bridge clean-up imminent, says council
Work to plug and abandon wells at a dormant oil site in West Sussex is due to begin this month, DrillOrDrop has learned.
Delayed UKOG accounts reveal £35m cut in value of oil assets
Long-awaited annual accounts for UK Oil & Gas plc show a £35m drop in the value of the company’s oil and gas assets.
Updated: UKOG funding resolutions passed
Investors in UK Oil & Gas plc have approved two resolutions aimed at raising money for the company’s hydrogen storage and production plans.
UKOG accounts delayed again
The oil company at the centre of a landmark legal ruling on climate emissions has again delayed the publication of its annual report and accounts.
Ex chancellor “delighted” at end of licence for “ridiculous” gas scheme
Sir Jeremy Hunt, the former chancellor, has welcomed news that an oil and gas company has surrendered its exploration rights in his Surrey constituency.
UKOG sells subsidiary
UK Oil & Gas plc (UKOG) announced this morning that it had sold one of its subsidiary companies.
UKOG interim accounts delayed
UK Oil & Gas has delayed publication of its interim accounts.
UK onshore oil and gas production in figures and charts – March 2025
Daily onshore gas production was down 10% in March 2025, compared with February – the lowest level since July last year. Daily oil production was down 3% on the month.
Horse Hill partner slashes value of investment
Alba Mineral Resources has cut by 94% the value of its stake in Horse Hill – the Surrey oil site at the centre of last year’s landmark Supreme Court judgement.
DRILL OR DROP? 