Providence Sets Sights on Kish Bank Basin

Previous exploratory drilling in the Kish Bank Basin, offshore eastern Ireland, confirmed the potential for oil in a number of wells. Recently, a review of previously acquired 2D seismic data revealed there is a large un-drilled structural closure at the Lower Triassic level, which is known as the Dalkey Island exploration prospect. It is estimated the prospect contains c.870 million barrels of oil in place but significant risks are associated with this prospect. Its shallow water location and close proximity to shore is of key interest to the partners who are focusing on a work program to better understand and mitigate the risks. Providence holds an operated 50% equity interest in the License Option 08/2, together with partner Star Energy, a subsidiary of Petronas.

continue reading about the Dalkey Island prospect on SubseaIQ

continue reading the full article

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Oilfield Operator
Expertise: Floorhand / Roughneck|Laborer|Well Servicing & Testing
Location: Midland, TX
 
Oilfield Operator
Expertise: Floorhand / Roughneck|Well Servicing & Testing
Location: Platteville, CO
 
GIS Intern Job
Expertise: Cartography / Mapping|Landman|Modeling
Location: Eau Claire, WI
 
search for more jobs

Natural Gas : $3.64/MMBtu 0.27%
Brent Crude Oil : $53.93/BBL 1.83%
Light Crude Oil : $50.93/BBL 1.66%
Updated in last 24 hours