A pot of oil at the end of the rainbow

Ireland’s first commercially viable oil well is flowing at double the amount previous estimates suggested, according to the oil and gas firm which operates it. Providence Resources announced its successful tests at the well in the North Celtic Sea Basin off the coast of southern Ireland, brought up 4,000 barrels of oil equivalent a day. […]

Drilling rig sent to Ireland

An Irish based upstream oil and gas company, Providence Resources, has taken delivery of a semi-submersible drilling rig for the Barryroe oil discovery, expected to commence in the next couple of weeks. The GSF Arctic III, made by Transocean, is being shipped to Irish waters to drill an appraisal well on the Barryroe license. In […]