Insight
| |
5 Pages

Ireland attracts four majors in 2015 Atlantic Margin licensing round


Ireland attracts four majors in 2015 Atlantic Margin licensing round

Report summary

On 11 February 2016, the Irish Minister of State awarded 14 licences in the first phase of the 2015 Atlantic Margin licensing round. Among the awardees are four majors: Eni, ExxonMobil, Statoil and BP. The licences have been awarded in the Porcupine Basin, which is considered the most prospective of Ireland's Atlantic Margin basins. This is a great result for the Irish upstream sector and the awardees can bring a wealth of knowledge and expertise to the frontier, deepwater region. Work commitments will include the acquisition of new seismic data, but no exploration wells at this stage. A second phase of awards will be announced in May 2016, which we expect to be predominately in the Rockall and Slyne Basins.

What's included?

This report includes 1 file(s)

  • Ireland attracts four majors in 2015 Atlantic Margin licensing round PDF - 392.20 KB 5 Pages, 2 Tables, 1 Figures

Description

This Upstream Oil and Gas Insight report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

This report helps participants, suppliers and advisors understand trends, risks and issues within the upstream oil and gas industry. It gives you an expert point of view to support informed decision making.

Wood Mackenzie's 500 dedicated analysts are located in the markets they cover. They produce forward-looking analysis at both country and asset level across the globe, backed by our robust proprietary database of trusted research.

Proprietary data means a superior level of analysis that is simply not available anywhere else. Wood Mackenzie is the recognised gold standard in upstream commercial data and analysis.

  • A great result for the Irish upstream sector
  • Map of blocks on offer in Porcupine Basin
  • Major oil companies provide a wealth of expertise to Ireland
  • New fiscal regime provides necessary stability
  • No drilling commitments encourage interest despite low oil price

In this report there are 3 tables or charts, including:

  • A great result for the Irish upstream sector
    • Licence awards
  • Map of blocks on offer in Porcupine Basin
    • Porcupine Basin blocks and licences
  • Major oil companies provide a wealth of expertise to Ireland
    • Ireland licence awards
  • New fiscal regime provides necessary stability
  • No drilling commitments encourage interest despite low oil price
Requester's name : .............
Department : .............
Authoriser's Name : .............
Authoriser's signature : .............
Date : .............
Cost Centre : .............

Questions about this report?

Frequently Asked Questions

Mailenquiries@woodmac.com
  • Europe: +44 131 243 4699
  • Americas: +1 713 470 1900
  • Asia Pacific: +61 2 8224 8898
contact us

Why Wood Mackenzie?

As the trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, we empower clients to make better strategic decisions with objective analysis and advice. Find out more...