Cuadrilla announced it will reduce its gas exploration operations in the UK next year by 90% while it waits for the Government to decide the future of hydraulic fracturing or fracking. The company will however retain its technical data-base, corporate knowledge and access to technical and operational capability. Chief executive Francis Egan said Cuadrilla would […]
Tag: hydraulic fracturing
Angus submits revised plans for Balcombe extended well test
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 […]
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 […]