drilling
That would be a result of a decline in drilling activity related to low oil prices, with responses to the COVID-19 pandemic also leading to supply and demand disruptions
Independent producer Apex said the well in Cretaceous sandstones can produce 2,000 barrels a day
Dandelion Energy claims its Sonic Drill Suite technology reduces the time it takes to install geothermal systems from up to one week to one day
Fracking started at the Preston New Road site last October but operations were halted on numerous occasions due to minor tremors
Production in December last year was the highest monthly level seen in US history
The facility in Cornwall will be capable of supplying up to 3MW of electricity – enough to power around 3,000 homes
Oil & Gas UK says despite improvements, more investment is needed to ensure the long-term future of the North Sea
This figure totals almost as many wells as it has drilled since the company was established in 1972
It is seeking consent from the government to frack at Preston New Road later this year
The government intends to set up a non-profit foundation to manage real estate activities affected by the tremor