Enegi Oil to Search for Irish Shale Gas

Junior explorer Enegi Oil announced Thursday that it has applied to the Irish government's Petroleum Affairs Department for an exploration license to search for shale gas after the successful completion of its work program on the Clare Basin Licensing Option.

The Clare Basin option was awarded to Enegi in February 2011, since when Enegi has carried out an extensive work program to procure and evaluate technical data and obtain and analyze new geological data to develop a provisional assessment of the potential of the license.

Enegi said the results of the work program indicate that – given the maturity, thickness and buried depth of the shale there – the whole area under the option remains prospective for shale gas. The firm added that the studies also highlighted an area within an existing seismic grid as being particularly high grade based on the thickness of the shale and the lack of faulting present.

In November, Enegi revealed that an independent report from Fugro Robertson estimated in-place resources within the acreage covered by the option of 3.6 trillion cubic feet (Tcf) of free gas, with 1.2 Tcf of that being in the area identified as high grade.

Enegi CEO Alan Minty commented in a company statement:

"We believe the acreage covered by the Clare Basin Option is highly prospective. With this in mind and with the need to carry out further exploration work over the area, we have applied to the PAD to convert our option into an Exploration Licence which will allow us to carry out this work and to further prove up the potential that we believe this acreage holds.

"We look forward to hearing from the PAD on our application and providing further updates in due course."

 

 

A former engineer, Jon is an award-winning editor who has covered the technology, engineering and energy sectors since the mid-1990s. Email Jon at jmainwaring@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Jon Mainwaring
Senior Editor, EMEA | Rigzone
 -  Total Sells West of Shetland Assets af... (Jul 29)
 -  Galp Produces Solid Results for 2Q 201... (Jul 27)
 -  What Now for UK Shale Gas? (Jul 27)
 -  Cuadrilla Appeals Council's Shale Gas ... (Jul 23)
 -  Wressle-1 Well Test Exceeds Expectatio... (Jul 21)


Most Popular Articles

From the Career Center
Jobs that may interest you
Senior Petrophysicist - Operations in Houston
Expertise: Petrophysicist
Location: Houston, Texas, TX
 
Permitting / Regulatory Specialist
Expertise: Regulatory Compliance
Location: Houston, TX
 
Exploration Vice President
Expertise: Geologist|Geophysicist|Geoscientist
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $49.99/BBL 0.94%
Light Crude Oil : $45.74/BBL 1.26%
Natural Gas : $2.81/MMBtu 2.18%
Updated in last 24 hours