Barryroe

Barryroe is an undeveloped oil and gas field 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.^[2][3][4][5] The discovery is at a water depth of 100 metres (330 ft).^[6] 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.^[7]

As of 2020, the field was 80% owned by Providence Resources (via subsidiary Exola) and 20% by Lansdowne Oil and Gas (via subsidiary Lansdowne Celtic Sea).^[8]

Providence has long been seeking a partner to finance development of Barryroe.^[9] In 2015, it attempted partnership with Sequa Resources and, in 2018–2020, partnered with Chinese APEC Energy, both without success.^[9]

Providence estimó la reserva total en el lugar entre 1 y 1,6 mil millones de barriles (160 × 10 ^ ⁶ y 250 × 10 ^ ⁶ m ³ ) en julio de 2012. ^{[ 10 ]} En abril de 2013, una auditoría independiente estimó el total recuperable en 311 millones de barriles (49,4 × 10 ^ ⁶ m ³ ) de petróleo y 207 mil millones de pies cúbicos (5,9 mil millones de metros cúbicos) de gas. ^{[ 11 ]} Esto da un total de 346 millones de barriles (55,0 × 10 ^ ⁶ m ³ ) de petróleo equivalente.