The Irish energy ministry has granted Providence Resources PLC standard exploration license 1/11, successor to licensing option 08/1, on which the company plans to spud the vertical 48/24-J Barryroe well in the North Celtic Sea basin off Ireland in November 2011.
The well will appraise the 1990 Marathon 48/24-3 well that tested 45° gravity, high pour point oil at 1,600 b/d from Base Cretaceous sands. Providence plans to test 48/24-J with vacuum insulated tubing. Data in overlying secondary objectives will also be acquired as these tested at 1,500 b/d of oil from two previous wells on the structure, Providence said.
Providence is operator with 50% interest. San Leon Energy PLC has 30%, and Lansdowne Oil & Gas PLC has 20%.