Egdon shares rise 80%+ as it agrees to £27m takeover
Egdon Resources, the company behind the UK’s newest onshore oil producer, announced this morning it has agreed to a takeover by Petrichor Partners.
Wressle oil delivers first Union Jack annual profit
Oil production from the Wressle field in north Lincolnshire helped boost annual revenue by 349% for Union Jack, the company said today.
May 2023 headlines
Keep up to date with May 2023’s news with our digest of daily updated headlines about the business, regulation and campaigns around UK fracking, shale, and onshore oil and gas.
UK onshore oil and gas production in charts – February 2023
DrillOrDrop’s review of the latest UK onshore production data for February 2023 reveals rising daily oil production but falls at the newest producing field at Wressle. Lower gas production at Saltfleetby contributed to falls in the UK onshore gas total.
Wressle boosts Egdon production
Egdon Resources increased oil production by 27% in the second half of 2022, thanks to the Wressle field in North Lincolnshire.
UK onshore oil and gas production in charts – January 2023
DrillOrDrop’s review of the latest UK onshore production data for January 2023 reveals another record month for flaring at oil fields. For the first time in this series of articles, we’ve added data on onshore gas production.
Egdon prepares for more drilling at Wressle
New plans are underway to drill for more oil and gas at Wressle in North Lincolnshire.
2022 UK onshore oil production sinks to lowest level for 34 years
Onshore oil production in the UK in 2022 slumped to the lowest level since 1989.
Offshore flaring halves in four years but onshore hits record high
Flaring in the North Sea has halved in the past four years, the industry regulator announced today. But analysis by DrillOrDrop shows that flaring at onshore fields reached record levels in 2022.
Latest UK onshore oil production – November 2022
DrillOrDrop’s review of the latest UK onshore oil data for November 2022 reveals the third consecutive monthly fall in daily production, halving output at Wressle and another record high for onshore flaring
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