Ireland
Vermilion holds a 56.5% operated interest in the Corrib natural gas field, offshore Ireland.
Ireland
The Corrib gas field is located approximately 83 km off the northwest coast of Ireland. Gas is transported to the Bellanaboy Bridge gas plant through 90km of pipeline where it is then processed prior to being delivered to the national grid. The Corrib project generates significant free cash flow for Vermilion given low operating costs and minimal ongoing capital expenditures requirements. Our main office is located in Dublin.
To learn more, visit our Vermilion Energy Ireland site.
North America
In Canada, Vermilion is focused on developing liquids-rich gas assets in the Deep Basin and Montney. Vermilion is one of the largest producers in the highly productive Deep Basin in Western Alberta. In addition, we hold a contiguous Montney land position in the Peace River Arch in British Columbia and Alberta. In the United States, Vermilion has a significant land position in the promising Turner Sand play in the Powder River Basin. Our North American assets represent approximately 70% of our total corporate production.
Europe
Vermilion’s European assets consist of onshore and offshore operations that deliver premium commodity pricing through Brent-priced light oil production and European natural gas prices trade at a significant premium to North American benchmarks. Our European assets contribute approximately 25% of total corporate production.
Australia
Vermilion holds a 100% working interest in the Wandoo field, offshore Australia. Vermilion’s Australian oil production receives premium pricing due to Brent-indexing and the strong, long-term, strategic relationships we have cultivated with our key customers in the region.