View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
November 23, 2021updated 27 Apr 2022 12:37pm

Corrib Conventional Gas Field, Ireland

By Carmen

Corrib is a producing conventional gas field located in deepwater in Ireland and is operated by Vermilion Exploration and Production Ireland. The field is located in block 18/20P (Corrib) and 18/25P (Corrib), with water depth of 1,165 feet.

Field participation details

The field is owned by Vermilion Energy, Nephin Energy and Equinor.


Production from Corrib

The Corrib conventional gas field recovered 62.08% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 329 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2088. The field currently accounts for approximately 100% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 57.24 Mmboe, comprised of 343.46 bcf of natural gas reserves. Corrib conventional gas field reserves accounts 0.02% of total remaining reserves of producing conventional gas fields globally.


About Vermilion Exploration and Production Ireland

Vermilion Exploration and Production Ireland Ltd (Vermilion Exploration and Production) is an oil and gas company that offers exploration and production services. It is headquartered in Ireland.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology