Report outlines potential of Irish Atlantic Margin basins

Offshore staff

GLASGOW, UK – Analyst Hannon Westwood has published a new study to support the forthcoming Irish Atlantic Margin licensing round.

Over the past decade in the eastern margin of the Atlantic Ocean, exploration has focused on Norway, the UK west of Shetlands, and sub-Saharan Africa. Western Ireland also has proven potential but has only been lightly explored.

Hannon Westwood’s report provides a first-pass screening tool to grade potential opportunities for further detailed work. It provides an overview of the acreage to be offered with descriptions of discoveries and prospects on unlicensed acreage. 

It covers all the Irish Atlantic Margin basins including the Donegal, Erris, Slyne, Porcupine, and Rockall basins, examining drilling history, results of previous license rounds, resource estimates, and in addition covers average prospect size and prospective reserves by age.

“Providing this type of background geotechnical data from historical mapping…saves money, time, and manpower by allowing companies to focus rapidly on areas of interest,” said Ian Norbury, CEO of Hannon Westwood.

04/14/2015

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

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...