Vermilion
Vermilion
Vermilion
Ireland

Ireland

  • 18.5% non-operated interest in the Corrib Gas Field
  • Corrib Gas Field is forecast to supply up to 60% of Ireland's gas at peak supply
  • Vermilion is committed to being a key contributor to Ireland's oil & gas industry

Ireland Business Unit Activity Review

Production

  • Natural gas began to flow from our Corrib gas project on December 30, 2015 and production volumes reached full plant capacity of approximately 65 mmcf/d (10,900 boe/d), net to Vermilion, at the end of Q2 2016.
  • Q4 2016 production increased 6% quarter-over-quarter due to reduced downtime.  Full year production averaged 51 mmcf/d (8,482 boe/d) while ramping up to full capacity. 
  • Production results continued to benefit from better than expected well deliverability and minimal downtime.

Activity review

  • Following the conclusion of a successful offshore work campaign in Q3 2016 that included laying the flowline to the P2 well, all six wells are now available for production.

Please see our 2016 Annual Report for further information