Corrib is a producing conventional gas field located in deepwater in Ireland and is operated by Vermilion Exploration and Production Ireland. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block 18/20P (Corrib) and 18/25P (Corrib), with water depth of 1,165 feet. Buy the profile here.
Field participation details
The field is owned by Nephin Energy and Vermilion Energy.
Production from Corrib
The Corrib conventional gas field recovered 51.76% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 329.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2101. The field currently accounts for approximately 100% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 95.64 Mmboe, comprised of 573.85 bcf of natural gas reserves. Corrib conventional gas field reserves accounts 0.03% 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.
For more details on the Corrib Conventional Gas Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
