News Oil & Gas

UKOG plans for Loxley to be redetermined

UK Oil & Gas plc will have its application for a gas appraisal project in Loxley near the village of Dunsfold redetermined in November by Surrey County Council.

Opportunity: Loxley gas project is of material local and national economic importance (UK Oil & Gas)

ACCUMULATION

The local authority refused permission at an earlier hearing against its officers’ recommended approval.

Technical issues resulted in a rerun and the application will be now discussed on 27 November.

UKOG holds 100% of PEDL234 licence which it says “contains significant calculated mean and high case recoverable gas volumes of 34 billion cubic feet and 54 bcf respectively, placing Loxley as the second largest gas accumulation ever discovered and flow tested in the UK onshore.”

An external calculation by Xodus shows that “approximately 78% of the overall Loxley gas accumulation lies within PEDL234”.

NET ZERO

Chief executive Stephen Sanderson said that the development presented minimal visual, local business and highway impacts and already had a full environmental permit from the Environment Agency.

“Despite the further delay to the PCM [planning committee meeting] rerun, UKOG welcomes the opportunity to restate why its low footprint Loxley gas project is of material local and national economic importance, representing an opportunity to power around 200,000 Surrey homes from net-zero compliant UK gas.”