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What is the Corrib Gas Project?

The Corrib gas project entails exploiting a natural gas deposit off the northwest coast of Ireland. The field is located about 80 km off Erris Head in County Mayo, in water depths of 355 metres. The natural gas field, discovered in 1996, was the first reported commercial natural gas discovery in Ireland since the Kinsale Head gas field in 1973. The gas is from Triassic strata. The company set up to exploit the field is a conventure of Shell E&P Ireland (operator 45%), Statoil Exploration (Ireland) Limited (36.5%), and Marathon International Petroleum Hibernia Limited (18.5%).

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