UK to offer 27 onshore blocks in 2015
The country will start onshore shale oil and gas exploration as they plan to award 27 blocks from the 14th Onshore Oil and Gas Licensing Round this year
The UK is to start up onshore shale oil and gas exploration and production in the near future, with the Oil & Gas Authority announcing the plan to award 27 blocks from the 14th Onshore Oil and Gas Licensing Round this year. That is assuming that the operators receive all the consents and approvals needed – by no means a given, in the light of past experience. The biggest winners were Igas and Egdon Resources, with seven blocks each. Igas is to operate all seven of its blocks, five of which include Egdon; and Egdon is to operate a further two. Cuadrilla also won the operatorship of two blocks, in Yorkshire. French Total and Engie and Swiss petrochemicals company Ineos were also among the
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