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Celtic Sea oil developments

  • 28-02-2012 6:45pm
    #1
    mike65
    Closed Accounts Posts: 88,972 ✭✭✭✭


    http://www.offshore-mag.com/articles/2012/02/ireland-offshore-oil-appraisal.html
    DUBLIN, Ireland – Providence Resources has discovered light oil with its first appraisal well on the Barryroe structure, 50 km (31 mi) offshore southern Ireland.

    The semisub GSF Arctic III drilled well 48/24-10z in 100 m (328 ft) water depth in North Celtic Sea basin in license 1/11.

    The well was drilled to a final TD of 7,550-ft (2,301-m) TVDSS, encountering the primary basal sandstone reservoir interval within the anticipated depth. Reservoir development at this level is better than expected, with strong correlation of the overall sand packages with the offset 48/24-3 well.

    During drilling there were indications of hydrocarbons. Results from wire-line logging have confirmed the presence of 41 ft (12.5 m) of net pay, with an average 15% porosity and 87% hydrocarbon saturation, and no sign of a hydrocarbon/water contact.

    Pressure data over this interval have revealed oil and gas-bearing zones, with the oil gradient suggesting a light, 40o API crude. Reservoir oil samples have been recovered and taken to the UK for laboratory analysis.

    Here is an article on the wider carbon hunt

    http://www.irishexaminer.com/ireland/hunt-for-1-trillion-worth-of-irish-oil-to-begin-152395.html


Comments

  • #2
    MadsL
    Registered Users, Registered Users 2 Posts: 20,299 ✭✭✭✭MadsL


    Cue 15 years of argument, incompetence, giveaway tax regimes, protest, habitat destruction, infighting between environmental groups, Garda brutality, Ministers ignoring EU law, and whatever you are having yourself.

    Other than that .. good news!! :D


  • #3
    Tora Bora
    Closed Accounts Posts: 1,258 ✭✭✭Tora Bora


    MadsL wrote: »
    Cue 15 years of argument, incompetence, giveaway tax regimes, protest, habitat destruction, infighting between environmental groups, Garda brutality, Ministers ignoring EU law, and whatever you are having yourself.

    Other than that .. good news!! :D

    Nag. This time there will be no 15,year faffing around. That guy, who came from China last week, bought the entire Celtic Sea, for the price of the ink cartridges, the shinners "borrowed" from the Dail.


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