Drilling permits to seek out commercial gas at Lough Allen

THE LOUGH Allen area is going to become the focus of a two year project to explore the possibility of extracting commercial gas from it’s rich resource field.

THE LOUGH Allen area is going to become the focus of a two year project to explore the possibility of extracting commercial gas from it’s rich resource field.

THE LOUGH Allen area is going to become the focus of a two year project to explore the possibility of extracting commercial gas from it’s rich resource field.

Two companies, The Lough Allen Natural Gas Company (Langco) and Australian-based Tamboran Resources have been given onshore petroleum licences by the Department of Natural Resources to explore the area which takes in a large part of Leitrim and Cavan and also includes parts of Sligo, Roscommon and Fermanagh.

Tamboran Resources have a licence to explore over 986 sqkm in the Lough Allen area also known as the Northwest Carboniferous Basin, while Langco have over 467 sqkm in the same area.

The licence will allow the companies to undertake shallow drilling to a depth of 200m (650ft) and carry out technical studies to ascertain whether the gas, known to lie several hundred feet below the ground is commercially viable.

It is expected that these studies will take over two and a half years to complete. If they prove successful, the companies will have first option from the Petroleum Affairs Division to purchase a more expensive exploration licence which would be a step closer to extracting gas.

More details in this week’s issue.