Displaying items by tag: GSF Arctic III

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 the Clipper Round the World Yacht Race

The Clipper Round the World Yacht Race is undoubtedly one of the greatest ocean adventures on the planet, also regarded as one of its toughest endurance challenges. Taking almost a year to complete, it consists of eleven teams competing against each other on the world’s largest matched fleet of 70-foot ocean racing yachts.

The Clipper Race was established in 1996 by Sir Robin Knox-Johnston, the first person to sail solo, non-stop, around the world in 1968-69. His aim was to allow anyone, regardless of previous sailing experience, the chance to embrace the thrill of ocean racing; it is the only event of its kind for amateur sailors. Around 40 per cent of crew are novices and have never sailed before starting a comprehensive training programme ahead of their adventure.

This unique challenge brings together everyone from chief executives to train drivers, nurses and firefighters, farmers, airline pilots and students, from age 18 upwards, to take on Mother Nature’s toughest and most remote conditions. There is no upper age limit, the oldest competitor to date is 76.

Now in its twelfth edition, the Clipper 2019-20 Race started from London, UK, on 02 September 2019.