Displaying items by tag: hydrocarbons

28th February 2012

South Coast Oil Appraisal 'Extremely Encouraging'

#COASTAL NOTES - Providence Resources has found light out with its first appraisal well off the south coast of Ireland, Offshore reports.

The company's semi-submersible GSF Arctic III drilled a well in 100m water to a depth of more than 2km on its Barryroe structure in the north Celtic Sea.

Indications of hydrocarbons were noted during the drilling, and further tests have confirmed the presence of 12.5m of 'net pay' (the thickness of rock that can deliver oil at a profitable rate) with as much as 87% hydrocarbon saturation.

The next stage will be a well flow test programme to determine whether future oil extraction can proceed.

“The confirmation of high quality light oil within a porous and potentially laterally extensive sandstone system is extremely encouraging," said technical director John O'Sullivan.

As previously reported on Afloat.ie, plans by Providence Rescources to prospect for oil pn the east coast off Dalkey Island have been met with fierce opposition by mainland residents and environmental groups.

Offshore has more on the story HERE.

Published in Coastal Notes

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About Marine Technology

Marine technology, as defined by the European association WEGEMT, refers to the use of technology for ensuring the safe use, exploitation, protection of, and intervention in, the marine environment. This includes a wide range of technologies that support naval architecture, marine engineering, ship design, ship building, and ship operations.

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