Country Report

Ireland upstream summary

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Report summary

Limited reserves - To date, only five gas fields have been brought onstream: Kinsale Head, South West Kinsale, Ballycotton, Seven Heads, and Corrib. All but one of these fields are located in the Celtic Sea, and are mature and in decline. The exception is the Corrib gas field, located in the Slyne and Erris basin, which came onstream in December 2015 after a 12-year delay.M&A market sparks into life - At what could be Ireland's first commercial oil field, a Chinese consortium, led ...

What's included

This report contains

  • Document

    Country Overview

    PDF 14.77 MB

  • Document

    Country Overview

    XLS 563.00 KB

  • Document

    Country Overview

    ZIP 15.19 MB

  • Document

    Executive summary

    PDF 103.87 KB

  • Document

    Key facts

    PDF 66.89 KB

  • Document

    Location maps

    PDF 4.55 MB

  • Document

    Key companies

    PDF 134.48 KB

  • Document

    Geology

    PDF 2.66 MB

  • Document

    Exploration

    PDF 148.45 KB

  • Document

    Reserves and resources

    PDF 100.56 KB

  • Document

    Production

    PDF 120.36 KB

  • Document

    Infrastructure

    PDF 7.43 MB

  • Document

    Costs

    PDF 113.13 KB

  • Document

    Policy and regulation

    PDF 124.17 KB

  • Document

    Fiscal terms

    PDF 143.27 KB

Table of contents

  • Executive summary
  • Key facts
  • Location maps
    • International investors
    • Majors
    • Other international operators
    • Irish E&Ps
    • Introduction
    • Atlantic Margin basins:
    • Goban Spur
    • Porcupine Basin
    • Rockall Basin
    • Slyne-Erris Basin
    • Southern Ireland Basins:
    • Fastnet Basin
    • North and South Celtic Sea Basins
    • Eastern Ireland Basins:
    • Kish Bank Basin
    • St. George's Channel and Central Irish Sea Basins
    • Onshore
  • Reserves and resources
    • Oil/liquids
    • Gas
    • Key legislation
    • Licensing
      • Ambassador/Marathon Taxation Agreement 1960
      • Licensing Terms for Offshore Oil and Gas Exploration and Development 1992
      • Changes to the terms of the Licence Option 2003
      • Licensing Terms for Offshore Oil and Gas Exploration and Development 2007
    • Licence Types
      • Licensing Option
      • Petroleum Prospecting Licence
      • Standard Exploration Licence
      • Deepwater Exploration Licence
      • Frontier Exploration Licence
      • Reserved Area Licence
      • Petroleum Lease
      • Lease Undertaking
      • Upstream
      • Mid/Downstream
      • Concessions
      • Bonuses, rentals and fees
      • Indirect taxes
      • Royalty and other production taxes
      • Corporate (or Petroleum) Income Tax
      • Product Pricing
      • Sample Cashflow
      • Marginal Government Take
      • Petroleum Taxation Statement of 1975
      • Petroleum Taxation Bill of November 1985
      • Revised Petroleum Taxation Statement of Intent, October 1987
      • Irish Finance Bill 2008, passed before the Irish Government in April 2008

Tables and charts

This report includes 27 images and tables including:

Tables

  • Key facts: Table 1
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Exploration: Table 1
  • Production: Table 1
  • Production: Table 2
  • Production: Table 3
  • Costs: Table 1
  • Costs: Table 2
  • Costs: Table 3
  • Costs: Table 4
  • Policy and regulation: Table 1
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2
  • GEM models

Images

  • Country Map
  • Remaining Commercial and Technical Reserves at 01/01/2018
  • Net Acreage 2018
  • Liquids and Gas Production 2018
  • Main Sedimentary Basins on the Irish Continental Shelf
  • Blocks Awarded by Region
  • Exploration Drilling by Region
  • Liquids Production
  • Sales Gas by Region
  • Gas Infrastructure Map
  • Interconnector 1 & 2 Map
  • Capital Expenditure by Region (US$ Million)

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