What to watch in 2024?
DrillOrDrop’s checklist of what to look out for in 2024 on UK onshore oil and gas. You can also catch up with the headlines from 2023 in our review of the year.
Horse Hill initial farm-in agreement extended
The majority owner of the Horse Hill oil field in Surrey has announced an extension to the initial farm-in agreement with the Texas-focused PennPetro Energy.
Breaking: Legal challenge fails to block Dunsfold gas drilling
Drilling for gas near the Surrey village of Dunsfold got the go ahead from a High Court judge this morning (Thursday 20 July 2023).
South Downs oil field to restart production
Oil extraction is to resume at the Avington field in the South Downs National Park after a break of more than five years.
UKOG takes out £3m loan for drilling operations
UK Oil & Gas has announced it has secured a £3m loan to fund operations over the next 12 months.
UKOG declares interim loss of £1.3m
UK Oil & Gas plc reported an operating loss of £1.32m for the six months to the end of March 2023, slightly larger than the year before.
Gas scheme in chancellor’s constituency in High Court challenge
A drilling project in the chancellor Jeremy Hunt’s constituency will be challenged at the High Court tomorrow (Thursday 8 June).
Summer 2023 diary
DrillOrDrop’s diary of events in summer 2023 involving the UK onshore oil and gas industry and campaigns about it.
Views sought on detailed plans for UKOG’s challenged Loxley well site
A consultation is underway into detailed plans for a gas site in Surrey, even though the scheme is being challenged in court next month.
The falling value of the Gatwick Gusher
The Gatwick Gusher oil well, once said to be of national significance, has been downgraded in value for the third time by its owner.
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