Wressle production fall cuts revenue for Europa
Europa Oil & Gas plc saw a near halving of oil production at its onshore sites, according to the latest annual report.
Europa Oil & Gas plc saw a near halving of oil production at its onshore sites, according to the latest annual report.
The only company to frack horizontal shale gas wells onshore in the UK has cut the value of its exploration assets.
Star Energy and Union Jack Oil have reported falling profits in interim accounts published this week.
Cuadrilla’s Australian owner is to cut the value of UK shale gas exploration assets, following the reinstatement of the moratorium on fracking in England last year.
The Gatwick Gusher oil well, once said to be of national significance, has been downgraded in value for the third time by its owner.
Egdon Resources increased oil production by 27% in the second half of 2022, thanks to the Wressle field in North Lincolnshire.
One of the UK’s leading would-be fracking companies appears to be turning away from shale gas.
The gasfield near the Surrey village of Dunsfold could generate up to £124m for the operator, UK Oil & Gas plc, according to a report released today.
The public inquiry into plans to explore for gas in Surrey closed this morning with final arguments.
Proposals to explore for gas near a Surrey village would harm the beauty, tranquillity and openness of the surrounding landscape, an inquiry heard this afternoon.