What is "barryroe"

Barryroe is an oil and gas field discovered in the Celtic Sea due south of Cork. Close to the exhausted Kinsale Head gas field, it is as close as to the Kinsale Head existing pipeline. The discovery is at a water depth of . Several attempts were made to find a commercial field at the site in the 1970s but although they struck oil, none were commercially viable. It has been rated as the equivalent of a large North Sea oil field.

The well is currently 80% owned by Providence Resources and 20% by Lansdowne Oil & Gas. Providence intend to reduce this holding by inviting a major international firm to exploit this discovery.

Initial flow rates suggest of high quality crude, nearly twice the commercial target set by the firm. This has been revised as high as , along with oil equivalent of natural gas.

Providence revised up the estimated reserve in place to between in July 2012. Analysts predict there are at least 160 million barrels of recoverable oil in place. The estimate recoverable amount of oils was again revised in October 2012 to 280 million barrels. In April 2013 an independent audit revised the recoverable total up to barrels of oil, and of gas. This gives a total of of oil equivalent.