Providence Presents Dunquin North Geothermal Resource Technical Paper
Providence Resources P.L.C., the Irish based energy company, today provided a technical update regarding its ongoing geothermal resource assessment of the Dunquin North Lower Cretaceous carbonate build-up. Dunquin North is situated in Frontier Exploration Licence (FEL) 3/04 in the southern Porcupine Basin, offshore Ireland.
Providence’s Technical Director, Dr. John O’Sullivan, presented a paper on the company’s latest assessment of Dunquin North’s geothermal resource potential at the American Association of Petroleum Geologist’s (AAPG) 3rd Hydrocarbon Geothermal Crossover Workshop in Geneva this afternoon.
Summary:
- The Dunquin North (44/23-1) well data confirms the presence of a massive porous over-pressured LK carbonate reservoir system in the southern Porcupine Basin offshore Ireland
- Whilst residual oil is present, pressures and sampling have confirmed that the mobile phase is water
- Downhole data have confirmed a TD reservoir temperature of c. 260 Degrees F
- Integration of seismic and well data support the potential presence of a large offshore geothermal resource (c. 7 Billion Barrels) with further upside potential
- Further work ongoing to assess whether this geothermal resource could be developed to provide Ireland with a dispatchable green baseload power supply to underpin intermittent renewables such as wind and solar
From the Global Geothermal News archives:
- Thursday, February 14, 2019 - Republic of Ireland: Porcupine Basin "a Potentially Significant Geothermal Resource"
- Thursday, January 17, 2019 - Republic of Ireland: Postdoctoral Fellowship Available for Offshore Geothermal Energy Research
- Monday, December 17, 2018 - Republic of Ireland: Offshore Porcupine Basin Could be a Source of Geothermal Energy
