Kinsale gas field life expectancy
The Minister said gas supplies are expected to last until at least the turn of the century, with allocation policy protecting contracted premium-market supplies.
asked the Minister for Industry and Energy if he will give details of the life expectancy of the natural gas field.
Comment on this
The life expectancy of the Kinsale Head field will be determined by the rate at which the recoverable reserves of gas in place will be depleted.
On the basis of the known reserves of the field, policy on allocation of gas will be such as to ensure supplies to the premium market for the periods for which contracts are entered into. All major potential premium markets have been identified and can be catered for. In general, supplies of gas from the Kinsale field are not expected to be depleted before the turn of the century. By timely revision of depletion policy the production life of the field could be significantly extended if another source of gas did not become available.