News Oil & Gas

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 […]

News Oil & Gas

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 […]

Equipment & Logistics News Oil & Gas

Angus to divert Saltfleetby pipeline onto National Grid

Angus Energy plc is to extend and divert its existing gas pipeline at Saltfleetby on the East Lincolnshire coast onto the nearby National Grid entry point. COMMISSIONING The county council granted permission for the work in onshore Saltfleetby gas field, which involves extending the pipe by 750 metres, to the Theddlethorpe gas rerminal (TGT). Angus […]

News Oil & Gas

West Newton JV to drill following positive test results

The West Newton joint venture will in the next few weeks start onshore drilling operations following positive test results at the site in the East Riding of Yorkshire. JOINT VENTURE The operator is Rathlin Energy UK Ltd who in 2008 applied for a licence to explore for oil and gas in east Yorkshire. The JV […]

News Oil & Gas

United acquires Walton Morant from Tullow

United Oil & Gas plc has acquired the Walton Morant licence in Jamaica on a 100% operated basis, with its initial exploration period extended by 18 months. TARGETS The Jamaican Government approved the move which sees United take Tullow’s 80% equity in the licence for a nominal fee to become the operator and 100% equity […]

News Oil & Gas

Cuadrilla views fracking as still an option in the UK

The future of hydraulic fracturing – fracking – for gas exploration in the UK remains open, said Australian engineering firm AJ Lucas (Lucas). MORATORIUM As of February 2020, Lucas owned 97% of shares in British oil and gas exploration company Cuadrilla Resources operating in Lancashire. In 2019, the Government imposed a moratorium following a report […]