Project Profile
Location: St. George’s Channel Basin, Republic of Ireland
Reserves: 290 BSCF
Discovery: 1994
Standard Exploration Licence 1/07 in the St. George’s Channel Basin in the Republic of Ireland contains part of the Dragon gas field as mapped from existing seismic and well data, the Pegasus gas exploration prospect and the Orpheus gas exploration prospect. The first prospect in the license was discovered in 1994 by Marathon Oil. The Jurassic aged Orpheus gas exploration prospect lies beneath the Dragon gas field, which straddles the Irish/UK Median Line. It is planned that the deeper Orpheus prospect, which has an estimated prospective resource potential of c. 290 BSCF, could be drilled as part of any appraisal programme of the Dragon Field.
Operators:
Providence Resources plc.: Operator with 100% interest
Contractors:
Schlumberger: Contract to further de-risk the asset. Providence signed a technical deal covering its interests in the Southern Porcupine and Gorban Spur Basins. Schlumberger will assist Providence’s technical team, facilitating the opening of data-room processes