The UK’s remaining petroleum reserves could sustain offshore production for at least the next 20 years and beyond, if additional undeveloped resources can be matured, says the UK's Oil and Gas Authority’s (OGA). In a report “UK Oil and Gas: Reserves and Resources…
Total subsidiary Total E&P Ireland has completed a farm-in deal with Providence Resources and Sosina Exploration on licensing option (LO) 16/27, containing the Avalon prospect, in the southern Porcupine Basin, offshore Ireland. The deal…
Providence Resources will proceed with drilling plans for its Barryroe appraisal project offshore Ireland, despite failing to consummate a farm-in agreement with Total. Providence's Ireland acreage in SEL 1/11…
Drilling on the deepwater Drombeg prospect offshore Ireland has discovered water wet reservoirs, says Providence Resources. The 53/6-1 well, in about 2233m water depth - the deepest a well has been drilled offshore Ireland - about 220km off south-west Ireland…
Providence Resources' Druid exploration well has reached its first target in the 53/61-1 well and found the reservoir to be water wet. Drilling offshore Ireland will now continue to the deeper Drombeg target. The well is being drilled by the Stena IceMAX drill ship in 2233m water depth…
Providence Resources and its partners on the Barryroe field offshore Ireland have been given a two-year license extension as the firm continues its farm-out efforts. Barryroe is in Standard Exploration License (SEL) and is operated by Providence subsidiary Exola DAC (80%)…
The Stena IceMAX deepwater drillship has spudded a well that will target the Druid and Drombeg prospects, offshore Ireland. The well, operated by Ireland-based Providence Resources, is in Frontier Exploration License (FEL) 2/14 in the southern Porcupine Basin…
Providence Resources and its partners have signed a contract for the Stena IceMAX deepwater drillship for drilling on the Druid and Drombeg prospects in the southern Porcupine Basin, offshore Ireland. Druid and Drombeg are in Frontier Exploration Licence (FEL) 2/14…
Total will expand its deepwater exploration and production efforts to Ireland’s offshore after entering options to acquire interests and operatorships in southern Porcupine Basin licenses. Image: Providence…
Providence Resources has received consent to transfer 30% equity in FEL 2/14 to Capricorn Ireland Ltd., a wholly-owned subsidiary of Cairn Energy. Providence gained the approval from Ireland's Minister of Communications, Climate Action and Environment…
Helicopter operator CHC Group has signed a contract to provide Providence Resources helicopter services in support of its exploration well program on the Druid/Drombeg prospect in frontier exploration license 2/14 of the southern Porcupine Basin…
Providence Resources is set to drill a wildcat targeting the multi-billion bbl potential of both the Druid and Drombeg offshore Ireland this summer. The Stena IceMAX, from Stena Drillng. Providence…
Eni and its partner have agreed to underwrite and license 1800sq km of new multi-client 3D seismic data over FEL 3/04, in the southern Porcupine Basin, offshore Ireland, according to partner Providence Resources. FEL 3/04 is situated…
Cairn Energy was awarded license option (LO) 16/18 in the Atlantic Ireland Licensing Round in 1H 2016, in addition to a farm-in to a 70% working interest and operatorship in the adjacent LO 16/19 with Europa Oil & Gas with plans for 3D seismic in 2017…
Offshore Ireland focused Providence Resources has been approved to move into the second phase of exploration on Frontier Exploration License (FEL) 2/14, containing the Druid and Drombeg prospects. FEL 2/14 is in about 2250m water depth…