East Irish Sea Basin[edit]
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With 210 billion cubic metres (7.5 trillion cubic feet) of natural gas and 176 million barrels (28,000,000 m3) of petroleum estimated by the field operators as initially recoverable hydrocarbon reserves from eight producing fields (DTI, 2001), the East Irish Sea Basin is at a mature exploration phase. Early Namurian basinal mudstones are the source rocks for these hydrocarbons. Production from all fields is from fault-bounded traps of the Lower Triassic formation, principally the aeolian Sherwood Sandstone reservoir, top-sealed by younger Triassic continental mudstones and evaporites. Future mineral exploration will initially concentrate on extending this play, but there remains largely untested potential also for gas and oil within widespread Carboniferous fluvial sandstone reservoirs. This play requires intraformational mudstone seal units to be present, as there is no top-seal for reservoirs sub cropping the regional base Permian unconformity in the east of the basin, and Carboniferous strata crop out at the sea bed in the west.
Dalkey Island exploration prospect[edit]
Previous exploration drilling in the Kish Bank Basin has confirmed the potential for petroleum generation with oil shows seen in a number of wells together with natural hydrocarbon seeps recorded from airborne surveys. New[when?] analysis of vintage 2-D seismic data has revealed the presence of a large undrilled structural closure at Lower Triassic level situated about 10 kilometres (6 mi) offshore Dublin. This feature, known as the Dalkey Island exploration prospect, may be prospective for oil, as there are prolific oil productive Lower Triassic reservoirs nearby in the eastern Irish Sea offshore Liverpool. Whilst the Dalkey Island exploration prospect could contain about 870 million barrels (140,000,000 m3) of oil in place, this undrilled prospect still has significant risk and the partners are currently advancing a focused work programme in order to better understand and hopefully mitigate these risks. However, given its location in shallow water and close proximity to shore, the prospect is of great interest as exploration drilling, together with any future development costs, are likely to be low.[citation needed]
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