Country report

Ireland upstream summary

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Report summary

Exploration activity began offshore Ireland in the early 1960s yet the country remains under explored and few commercial discoveries have been made. To date exploration has yielded five commercial gas fields but no commercial oil fields. The bulk of offshore exploration activity occurred in the 1970s and 1980s in the Celtic Sea and Porcupine Basin. During this period the Kinsale Head and Seven Heads Spanish Point Helvick and Ballycotton discoveries were made. However due to the ...

What's included

This report contains

  • Document

    Country Overview

    PDF 1.15 MB

  • Document

    Country Overview

    XLS 517.50 KB

  • Document

    Country Overview

    ZIP 1.58 MB

  • Document

    Executive summary

    PDF 78.20 KB

  • Document

    Key facts

    PDF 65.93 KB

  • Document

    Location maps

    PDF 449.64 KB

  • Document

    Geology

    PDF 233.78 KB

  • Document

    Exploration

    PDF 157.80 KB

  • Document

    Reserves and resources

    PDF 73.22 KB

  • Document

    Production

    PDF 99.17 KB

  • Document

    Infrastructure

    PDF 345.37 KB

  • Document

    Costs

    PDF 107.61 KB

  • Document

    Policy and regulation

    PDF 117.55 KB

  • Document

    Fiscal terms

    PDF 134.67 KB

Table of contents

  • Executive summary
  • Key facts
  • Location maps
    • Introduction
    • North and South Celtic Sea Basins
    • Fastnet Basin
    • Southern Irish Sea Basins
    • Kish Bank Basin
    • Donegal Basin
    • Slyne and Erris Basins
    • Porcupine Basin
    • Goban Spur
    • Rockall Basin
    • Onshore
  • Reserves and resources
    • 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 24 images and tables including:

Images

  • Country Map
  • Main Sedimentary Basins on the Irish Continental Shelf
  • Well Completions Offshore Ireland (1970-2016)
  • Exploration Drilling by Region (1970-2016)
  • Sales Gas by Region
  • Blocks Awarded by Sector (1990-2016)
  • Technical and Commercial Success Rates
  • Gas Infrastructure Map
  • Interconnector 1 & 2 Map
  • Capital Expenditure by Region (US$ Million)

Tables

  • Key facts: Table 1
  • Reserves and resources: Table 1
  • Reserves and resources: Table 2
  • Production: Table 1
  • Production: Table 2
  • Exploration: Table 1
  • 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

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