Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

The Barryroe site Finbarr O'Rourke

More oil off Cork coast, says Providence

An additional 778m barrels of oil at Barryroe site, says Irish oil company.

AN OIL FIELD off the Cork coast could hold an additional 778m barrels of oil, according to Irish oil explorer Providence Resources.

The company, which reported in July that there was as much as 1.6bn barrels of oil at the Barryroe site, said that two deeper reservoirs revealed that there was further potential.

“Whilst our focus remains firmly fixed on progressing the Middle and Basal Wealden sands into development, it is very encouraging to have identified this additional resource potential at Barryroe”  said Providence’s technical director John O’Sullivan in a statement today.

Barryroe was originally discovered by Esso in the 1990s, but not fully developed.

How much is the Barryroe oil find actually worth to us?>

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

View 65 comments
Close
65 Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.
    JournalTv
    News in 60 seconds