Introduction

Ram Head gas field located 40kms east of the Kinsale gas field and gas pipeline to shore in the Celtic Sea Basin. It contains the Ram Head Prospect, formerly identified and drilled by Marathon in 1984 when dry gas was discovered in 49/19-1 well. The reservoir targets are Middle and basal Upper Jurassic sandstones. The new technology has provided enhanced information in relation to the potential quality of proven Jurassic gas reservoirs and Cretaceous oil sands penetrated by the Marathon well. The 12-month extension to 30/11/2019 was granted and subsequently on 10 April 2019. 

Ram Head reservoir engineering study shows potential development via 10 wells capable of delivering 400 mm cfgpd and recovering over 1 TCF of gas in 11 years.
Screening study to assess the technical feasibility and commercial viability of re-entering the 49/19-1 well to test discovered gas in order to calibrate the proposed scoping development plan. Results indicate that the re-entry is feasible and very cost effective compared to drilling a new well.

Planning for a well re-entry will be undertaken during 2019 with a view to executing the programme in 2021, subject to all fully compliant regulatory consents and approvals.

LO 16/30 -Predator Oil & Gas Ventures: 50% (Operator), Theseus Ltd: 50%