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UKOG reveals reasons for Weald licence surrender

Summary by DRILL OR DROP?
An official report by UK Oil & Gas plc reveals why it gave up a licence to develop hydrocarbons in parts of Surrey and West Sussex. PEDL234. Source: UK Onshore Geophysical Library The relinquishment report for licence PEDL234 was published earlier this week by the industry regulator. The reports are formal documents in which oil and gas companies are required to explain the reasons why they surrendered a licence and set out what work has been c…
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DRILL OR DROP? broke the news in on Friday, December 12, 2025.
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