Partners approve budget for well site survey over Irish prospect

Map source: Providence Resources

Partners in Frontier Exploration License (FEL) 3/04 located in the southern Porcupine Basin offshore Ireland have approved the budget for a well site survey over the Dunquin South prospect, which is a condition for drilling an exploration well on the prospect. 

FEL 3/04 is operated by Eni (36.913%) on behalf of its partners, Repsol (33.557%), Providence Resources (26.846%), and Sosina Exploration (2.684%).

The license contains the undrilled Lower Cretaceous “Dunquin South” carbonate exploration prospect as well as the adjacent “Dunquin North” carbonate build-up, which hosts a residual oil column.

Irish company Providence Resources said on Tuesday that, having completed the interpretation of the newly acquired 3D seismic data, the FEL 3/04 partners have now approved the 2019 work program & budget to include the acquisition of a well site survey over the Dunquin South prospect.

Commenting today, Tony O’Reilly, Chief Executive Officer of Providence Resources said: “We are very pleased to confirm that the Dunquin partners have approved the budget for the acquisition of a well site survey over Dunquin South, which is a prerequisite for the drilling of an exploration well on this high impact exploration prospect.”

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply