Barryroe

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.[1][2][3][4] The discovery is at a water depth of 100 metres (330 ft).[5] 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.[6]

Barryroe oil and gas field
Country	Ireland
Region	Celtic Sea
Offshore/onshore	Offshore
Partners	Providence 80% Lansdowne 20%
Field history
Discovery	1981
Production
Estimated oil in place	1,000 - 1,600 million barrels (~−220,000,000 t)
Recoverable oil	311 million barrels (~4.24×10^7 t)
Recoverable gas	207×10^9 cu ft (5.9×10^9 m3)

As of 2020, the field is 80% owned by Providence Resources (via subsidiary Exola) and 20% by Lansdowne Oil and Gas (via subsidiary Lansdowne Celtic Sea).[7]

Providence has long been seeking a partner to finance development of Barryroe.[8] In 2015 it attempted partnership with Sequa Resources, and in 2018–2020 partnered with Chinese APEC Energy, both without success.[8]

Providence estimated the total reserve in place between 1 and 1.6 billion barrels (160×10^⁶ and 250×10^⁶ m³) in July 2012.[9] In April 2013 an independent audit estimated the recoverable total at 311 million barrels (49.4×10^⁶ m³) barrels of oil, and 207 billion cubic feet (5.9 billion cubic metres) of gas.[10] This gives a total of 346 million barrels (55.0×10^⁶ m³) of oil equivalent.