HOME

TheInfoList



OR:

''Barryroe'' is an undeveloped oil and gas field discovered in the
Atlantic ocean The Atlantic Ocean is the second-largest of the world's five oceans, with an area of about . It covers approximately 20% of Earth's surface and about 29% of its water surface area. It is known to separate the " Old World" of Africa, Europe ...
due south of
County Cork County Cork ( ga, Contae Chorcaí) is the largest and the southernmost county of Ireland, named after the city of Cork, the state's second-largest city. It is in the province of Munster and the Southern Region. Its largest market towns a ...
,
Ireland Ireland ( ; ga, Éire ; Ulster-Scots: ) is an island in the North Atlantic Ocean, in north-western Europe. It is separated from Great Britain to its east by the North Channel, the Irish Sea, and St George's Channel. Ireland is the s ...
. Close to the exhausted Kinsale Head gas field, it is as close as to the Kinsale Head existing pipeline. The discovery is at a water depth of . 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. , the field is 80% owned by
Providence Resources Providence Resources is an Irish oil and gas exploration company. It is listed on the London Stock Exchange and the Irish Stock Exchange. Its primary activities are the exploration and development of hydrocarbons offshore Ireland and the United K ...
(via subsidiary Exola) and 20% by
Lansdowne Oil and Gas Lansdowne or Lansdown may refer to: People * Lansdown Guilding (1797–1831), Saint Vincent and the Grenadines naturalist and engraver * Fenwick Lansdowne (1937–2008), Canadian wildlife artist * George Granville, 1st Baron Lansdowne (1666–1735 ...
(via subsidiary Lansdowne Celtic Sea). Providence has long been seeking a partner to finance development of Barryroe. In 2015 it attempted partnership with Sequa Resources, and in 20182020 partnered with Chinese
APEC Energy The Asia-Pacific Economic Cooperation (APEC ) is an inter-governmental forum for 21 member economies in the Pacific Rim that promotes free trade throughout the Asia-Pacific region.
, both without success. Providence estimated the total reserve in place between in July 2012. In April 2013 an independent audit estimated the recoverable total at barrels of oil, and of gas. This gives a total of of oil equivalent.


References

{{coord missing, Ireland Oil fields of Ireland