Barryroe oil and gas field | |
Relief: | yes |
Country: | Ireland |
Region: | Celtic Sea |
Offonshore: | Offshore |
Partners: | Providence 80% Lansdowne 20% |
Discovery: | 1981 |
Est Oil Bbl: | 1000 - 1600 |
Recover Oil Bbl: | 311 |
Recover Gas Bft: | 207 |
Barryroe is an undeveloped oil and gas field discovered in the Atlantic Ocean due south of County Cork, Ireland. Close to the exhausted Kinsale Head gas field, it is as close as to the Kinsale Head existing pipeline.[1] [2] [3] [4] The discovery is at a water depth of .[5] Several attempts were made to find a commercial field at the site in the 1970s but although they struck oil, none were commercially viable. It has been rated as the equivalent of a large North Sea oil field.[6]
, the field is 80% owned by Providence Resources (via subsidiary Exola) and 20% by Lansdowne Oil and Gas (via subsidiary Lansdowne Celtic Sea).[7]
Providence has long been seeking a partner to finance development of Barryroe.[8] In 2015 it attempted partnership with Sequa Resources, and in 20182020 partnered with Chinese APEC Energy, both without success.[8]
Providence estimated the total reserve in place between 1and in July 2012.[9] In April 2013 an independent audit estimated the recoverable total at barrels of oil, and 207e9cuft of gas.[10] This gives a total of of oil equivalent.