Egdon Resources plc (AIM:EDR) has sealed the farm-in agreement with Shell in respect of offshore North Sea licences P1929 and P2304 containing the Resolution and Endeavour gas discoveries. The Oil and Gas Authority (OGA) approved the transfer of a 70% interest and operatorship in both licences, and Egdon retains a 30% interest in the licences. […]
Oil & Gas
UK energy integration could add 30% to net zero
UK offshore oil and gas, renewables, hydrogen and carbon capture and storage (CCS) integration could contribute some 30% of the country’s total carbon reduction needed to meet the 2050 net zero target. The Oil and Gas Authority’s (OGA) published its findings in a report, Energy Integration Project, in collaboration with Ofgem, The Crown Estate and the Department for […]
Rathlin eyes two new possible oil sites at West Newton
Two new potential oil sites in Weston Newton are being planned by Beverley-based onshore energy operator Rathlin Energy (UK) Ltd. The company has submitted screening requests to East Riding of Yorkshire Council for West Newton C and West Newton D to determine the need for environmental impact assessments. Rathlin already operates at West Newton A […]
UKCS production losses fall 25% as efficiency rises
The UK Continental Shelf (UKCS) last year saw an improved production efficiency for the seventh consecutive year and for 2019 reached 80%, three years ahead of the 2022 target. REGIONS Figures from the 2019 Production Efficiency Report by the Oil and Gas Authority (OGA) show an increase of five percentage points from 2018, with every […]
Angus submits revised plans for extended well test at Balcombe
Angus Energy plc has submitted revised plans for an extended well test and ruled out any use of hydraulic fracturing at the Balcombe oil field near Crawley in Sussex. LIMESTONE Local residents have protested against the project and slowed vehicles entering the site. “As previously, the company would like to make clear once more that […]
Egdon starts site works on Wressle JV oil field
Egdon Resources plc has started site works on the joint venture (JV) Wressle oil field near in the East Riding of Yorkshire. DESIGNS The site is in PEDL180 and PEDL182 where Egdon holds a 30% operated interest. The company said that a civils contractor had mobilised and works to reconfigure the Wressle production site had […]