2015 Barryroe drilling planned

Planning is underway for further drilling on the Barryroe discovery in the Celtic Sea offshore Ireland during 2015 with a view to reaching first oil by 2018, according to partner Landsdowne Oil & Gas. 

The work is subject to a farm-out deal being reached on on Barryroe by operator Providence Resources, in order to raise the cash to develop the field. According to Landsowne, a deal is "nearing completion."

Lansdowne says Providence envisages a staged development on Barryrow, with Phase 1 using a floating production, storage and offloading vessel to produce up to 30,000b/d from the area around the 48/24-10z well.

Subsequently, a Phase 2 is anticipated to involve a number of fixed platforms, resulting in peak output of up to 100,000b/d.

Discovered in the 1970s by Marathon, Barryroe wasn’t pursued due to high state participation (50% pre-1992) and an unfavorable tax regime. The oil was also waxy, which at the time had technical and economic implications, both of which are no longer a problem, according to Providence. 

Read more: Looking for Ireland's Jubilee

Current News

Migatron Launches New Ultrasonic Sensor

Migatron Launches New Ultrason

Brent Field Decommissioning Project Enters Next Phase

Brent Field Decommissioning Pr

Orsted says US Green Energy Demand Will Grow Regardless of Election Results

Orsted says US Green Energy De

Norclamp Introduces Infinity Clamp for Aging Subsea Pipelines

Norclamp Introduces Infinity C

Subscribe for OE Digital E‑News

Offshore Engineer Magazine