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UK OIl & Gas News

Conoco to Sell Entire UK Portfolio / Subsidiaries for $2.675B

Premium content Conoco to Sell Entire UK Portfolio / Subsidiaries for $2.675B

ConocoPhillips has agreed to sell two ConocoPhillips United Kingdom (U.K.) subsidiaries to Chrysaor E&P Limited for $2.675 billion. This deal closed on September 30, 2019. Proceeds from this…

Magellan Petroleum Lets Go of U.K. Weald Basin Assets

Premium content Magellan Petroleum Lets Go of U.K. Weald Basin Assets

Magellan Petroleum Corporation announced the sale of the Company's 50% interests in Petroleum Exploration and Development License (PEDL) 234 in the Weald basin in the UK to UK…

Magellan Reports 900 BOPD Flow Test in U.K.'s Weald Basin

Magellan Reports 900 BOPD Flow Test in U.K.'s Weald Basin

Magellan Petroleum Corporation announced updated results of a flow test of the Horse Hill-1 well located in the Weald Basin, onshore UK.

Sterling Resources Considers Strategic Options

Sterling Resources Considers Strategic Options

Sterling Resources Ltd. has announced an operational, financial and strategic update. Unless otherwise noted, all figures contained in this news release are denominated in US dollars. Operational Update…

Egdon Inks UK Shale Farm-In Deal with SPG

Premium content Egdon Inks UK Shale Farm-In Deal with SPG

Egdon Resources plc has exercised its Exploration Option and Farm-in Agreement with Scottish Power Generation Limited (SPG) to farm in to UK Onshore Production Licences PL161 (Block SE/60b)…

Premium content Newton to Sell Subsidiary to Hutton Energy

Newton Energy Corporation has announced that it has entered into a term sheet with Hutton Energy Plc to sell 100% of its wholly-owned subsidiary, Newton Energy UK Limited.…

IGas to Buy UK Shale Company Dart Energy

Premium content IGas to Buy UK Shale Company Dart Energy

IGas Energy Plc agreed to buy Dart Energy Ltd., creating an explorer with rights to drill across more than 1 million acres including shale basins. IGas will offer…

Premium content Antrim Energy to Shed U.K. Subsidiary in $53 Million-Dollar Deal

Antrim Energy Inc. has entered into an agreement with First Oil Expro Limited pursuant to which, subject to the terms and conditions of the Agreement, FOE has agreed…

Cuadrilla IDs Exploration Sites for Bowland Shale Gas Wells

Cuadrilla IDs Exploration Sites for Bowland Shale Gas Wells

As part of Cuadrilla’s review of sites, the company has decided not to apply for permission to carry out hydraulic fracturing at its Grange Hill site at this…

U.K. Opens Door to Frac Ops as Trespass Laws Face Overhaul

U.K. Opens Door to Frac Ops as Trespass Laws Face Overhaul

Consideration for this overhaul comes in light of concerns government officials have over obstructions to shale drilling.

UK OIl & Gas Rig Data: August 4, 2026

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