Providence contracts scenario for Barryroe oil development offshore Ireland

Offshore staff

DUBLIN, Ireland -- Providence Resources (AIM:PRV) has contracted a concept development engineering study of the Barryroe oil field offshore southern Ireland by Procyon Oil & Gas.

The study will evaluate various development options that came to the fore during a recently completed development screening study.

Barryroe is in the North Celtic Sea basin in 100 m (328 ft) of water in Standard Exploration License (SEL) 1/11 and Licensing Option (LO) 12/4.

Recently RPS Energy performed static and dynamic modeling of the main Basal Wealden oil-bearing reservoir interval. This work incorporated data from all five Basal Wealden reservoir well penetrations, and maps compiled from a recent 3D seismic survey.

Analysis has established oil recovery factors in the range 17-43%. A recovery factor of 31% has been modeled for a development scenario involving 41 horizontal production wells and 22 horizontal water-injectors over a 25-year field life.

These wells would be 600 m (1,968 ft) long, with the producers incorporating gas lift. 



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...