News

For the latest news from Providence Resources, please visit our press releases page.

Email Alerts button

Get email alerts each time our website is updated.

Sign up here

Home >  Operations > Irish and UK Operations

Hook Head Prospect

HOOK HEAD - Standard Exploration Licence 2/07
Central Area , North Celtic Sea Basin                           
Part Blocks 50/11, 12
Potential Recoverable Resources: 70 MMBO Rec / 250 BCF Rec

HOOK HEAD - Licence Option 07/1
Central Area, North Celtic Sea Basin
Part Blocks 49/15, 50/7,8,11,12,13

Operator:
Providence (43.5%) Partners: CMI (16.3%) Dyas BV (16.3%),
Atlantic
(10.8%) Forest Gate Res. (7.5%) Sosina (5.4%)

Click here for map and cross section

The Hook Head prospect lies approximately 60 kms off the south coast of Ireland and is in some 70 metres of water. In 1971, the then operator, Marathon drilled a well, which encountered five hydrocarbon bearing reservoirs. Due to operational difficulties at the time, the well was not tested, so there is some uncertainty whether the reservoirs contain oil, gas or a combination of each. In July, 1998, Providence, as Operator, acquired a high resolution 2D seismic survey. The results of this survey confirmed the existence of a 4-way dip closure and also demonstrated that the original discovery well was drilled some way off the crest of the structure. The discovery well, IRL50/11-1, has been independently re-analysed using modern petrophysical techniques, which when combined with the re-mapping of the structure, indicate that the reservoirs could contain up to 70 MMBO/250 BCF Rec. An appraisal well is to be drilled on the crest of the structure in Summer 2007.