Angus Energy are the latest LSBUD Members
LSBUD are delighted to announce Angus Energy as our latest Member.
Angus Energy is an independent onshore oil and gas development company focused on advancing its portfolio of licensed UK assets.
Through LSBUD Angus Energy will be protecting their assets which connect the Salfleetby gas field with the National Grid Theddlethorpe Entry Point, bypassing the former Theddlethorpe Gas Terminal (TGT).
The Saltfleetby Gas Field is located onshore UK in East Lincolnshire. The gas field was discovered in 1996 and produced gas from both the Westphalian Sandstones and Namurian reservoirs and was, upon discovery, the largest onshore gas field in the UK. Production began in 1999 at rates exceeding 50 MMScf per day.
In 2017, TGT was shut down leaving the field stranded with nowhere to process the produced gas and no direct export route. Angus Energy acquired a 51% interest and operatorship in the field in late 2019/early 2020 and intends to continue production from the field following successful reconnection to the National Transmission System at Theddlethorpe.
The LSBUD Helpdesk Team are available via email, telephone and online chat if you have any queries.
Commencement Date: 16.05.2022