Providence Resources News

 

Investment needed to move resources to reserves on UKCS

Oct 31, 2017

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 completes Avalon farm-in agreement

Oct 18, 2017

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 forging ahead with Barryroe

Sep 21, 2017

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…

Deepwater Drombeg disappoints

Sep 11, 2017

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…

Druid well water wet, Providence targets Drombeg

Aug 04, 2017

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 gets Barryroe extension

Jul 13, 2017

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%)…

Providence spuds Druid, Drombeg well off Ireland

Jul 12, 2017

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…

Stena IceMAX heads for Druid, Drombeg spud, offshore Ireland

Jun 28, 2017

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 dives into Ireland’s offshore

Jun 07, 2017

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…

Capricorn joins Providence off Ireland

Jun 05, 2017

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…

CHC inks Druid, Drombeg support contract

Apr 24, 2017

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 to spud Druid, Drombeg in June

Apr 12, 2017

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 to conduct Porcupine 3D seismic

Apr 03, 2017

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 gains Ireland acreage

Mar 08, 2017

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…

Providence approved for second phase in Porcupine Basin

Jan 23, 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…

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