Profits down at Star Energy and Union Jack
Star Energy and Union Jack Oil have reported falling profits in interim accounts published this week.
UK onshore oil and gas production in charts – June 2023
Angus Energy’s gas site at Saltfleetby reached record levels for a second consecutive month since production resumed last year. This helped push the onshore contribution to total UK gas production to its highest level for a year.
Artificial lift aims to boost oil production at Wressle
Work is underway to increase pressure within the reservoir at the UK’s newest oil production site at Wressle, the operator announced today.
August 2023 headlines
Keep up to date with August 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.
Wressle oil well producing water
The UK’s newest oilfield has begun producing water, the operator has confirmed.
UK onshore oil and gas production in charts – May 2023
Extraction from the UK’s largest onshore gasfield rose 50% in May 2023, reaching record levels since the restart of production last year. Oil from the UK’s largest oilfield returned to levels before a pipe leak in March 2023.
UK onshore oil and gas production in charts – April 2023
DrillOrDrop’s review of the latest UK onshore production data, for April 2023, reveals a big drop in monthly production from the largest field at Wytch Farm. This cut the UK’s total monthly onshore oil volumes by more than half.
UK onshore oil and gas production in charts – March 2023
DrillOrDrop’s review of the latest UK onshore production data, for March 2023, reveals the lowest monthly oil volume and daily extraction rate for 12 years, while flared gas was at a record high.
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.
DRILL OR DROP? 