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Barryroe is an undeveloped oil and gas fie … Barryroe is an undeveloped oil and gas field discovered in the Atlantic ocean due south of County Cork, Ireland. Close to the exhausted Kinsale Head gas field, it is as close as 3 kilometres (1.9 mi) to the Kinsale Head existing pipeline. The discovery is at a water depth of 100 metres (330 ft). Several attempts were made to find a commercial field at the site in the 1970s but although they struck oil, none were commercially viable. It has been rated as the equivalent of a large North Sea oil field. As of 2020, the field is 80% owned by Providence Resources (via subsidiary Exola) and 20% by (via subsidiary Lansdowne Celtic Sea). Providence has long been seeking a partner to finance development of Barryroe. In 2015 it attempted partnership with , and in 2018–2020 partnered with Chinese , both without success. Providence estimated the total reserve in place between 1 and 1.6 billion barrels (160×106 and 250×106 m3) in July 2012. In April 2013 an independent audit estimated the recoverable total at 311 million barrels (49.4×106 m3) barrels of oil, and 207 billion cubic feet (5.9 billion cubic metres) of gas. This gives a total of 346 million barrels (55.0×106 m3) of oil equivalent.n barrels (55.0×106 m3) of oil equivalent.
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1981
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1000
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Barryroe oil and gas field
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Offshore
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Providence 80% Lansdowne 20%
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207
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rdfs:comment |
Barryroe is an undeveloped oil and gas fie … Barryroe is an undeveloped oil and gas field discovered in the Atlantic ocean due south of County Cork, Ireland. Close to the exhausted Kinsale Head gas field, it is as close as 3 kilometres (1.9 mi) to the Kinsale Head existing pipeline. The discovery is at a water depth of 100 metres (330 ft). Several attempts were made to find a commercial field at the site in the 1970s but although they struck oil, none were commercially viable. It has been rated as the equivalent of a large North Sea oil field.equivalent of a large North Sea oil field.
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rdfs:label |
Barryroe
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