Barryroe oil output could hit as much as 20,000 barrels a day
Yesterday, Providence Resources chief executive Tony O’Reilly Jnr confirmed Wednesday’s Irish Examiner story that a commercial oil field had been discovered.
Providence Resources technical director John O’Sullivan said that depending on the production strategy deployed, the field could produce as much as 20,000 barrels per day (bopd). The UCC geology graduate said they may utilise horizontal wells to give better access to the 300 sq km oil field — equivalent to a medium to large North Sea oil field.