Publishing Guide

Upcoming Events

National | Sci-Tech

no events match your query!

New Events

22 Mar [Dublin] National Demonstration for Palestine: End...

more >>

Other Press

Israeli spy tech firm exploited vulnerability on ALL IPHONE devices to implant ‘Pegasus’ malware 01:04 Sep 14 0 comments

FDA document admits “covid” PCR test was developed without isolated covid samples 01:37 Aug 28 0 comments

Zoom's end-to-end encryption isn't actually end-to-end at all. Good thing the PM isn't using it for ... 13:59 May 10 1 comments

1,000 years of climate data confirms Australia's warming 20:17 May 20 41 comments

Internet Freedom Fighters Build a Shadow Web 17:44 Feb 25 5 comments

more >>

User Preferences

Feeds

Blog Feeds

Anti-Empire

North Korea Increases Aid to Russia, Mos... Tue Nov 19, 2024 12:29 | Marko Marjanovi?

Trump Assembles a War Cabinet Sat Nov 16, 2024 10:29 | Marko Marjanovi?

Slavgrinder Ramps Up Into Overdrive Tue Nov 12, 2024 10:29 | Marko Marjanovi?

?Existential? Culling to Continue on Com... Mon Nov 11, 2024 10:28 | Marko Marjanovi?

US to Deploy Military Contractors to Ukr... Sun Nov 10, 2024 02:37 | Field Empty

Lockdown Skeptics

Teenagers Must Be Warned About the Dystopia Being Built Around Them Thu Oct 09, 2025 19:00 | Mike Fairclough
Mike Fairclough was a nationally feted headteacher before he was cancelled during Covid for speaking out against the tyranny. Now he has written a novel to warn teens about the dystopian world being built around them.
The post Teenagers Must Be Warned About the Dystopia Being Built Around Them appeared first on The Daily Sceptic.

Italy to Ban Burka Thu Oct 09, 2025 17:00 | Will Jones
Italy is to ban the burka as part of new legislation against "Islamic separatism" that includes strengthening penalties for forced marriages and stricter financial regulation of Muslim organisations.
The post Italy to Ban Burka appeared first on The Daily Sceptic.

The Great Reverse Ferret is Underway Thu Oct 09, 2025 15:05 | Joanna Gray
It's the season for the reverse ferret, the narrative whiplash ? call it what you will, but everyone seems to be at it, says Joanna Gray. As the recantations roll in, how do we avoid making the same mistakes again?
The post The Great Reverse Ferret is Underway appeared first on The Daily Sceptic.

Children to Be Able to Choose Their Own ?Gender? at Any Age Under New EU Rules Thu Oct 09, 2025 13:18 | Will Jones
Children will be able to choose their own?'gender'?at any age under new EU rules set to be imposed across the continent with penalties for countries that refuse to comply.
The post Children to Be Able to Choose Their Own ‘Gender’ at Any Age Under New EU Rules appeared first on The Daily Sceptic.

Gaza Ceasefire Will Begin Tonight, Israel Announces Thu Oct 09, 2025 11:13 | Will Jones
A ceasefire in Gaza will come into effect this evening ahead of the release of the remaining hostages after the first?stage of a peace agreement was signed by Israel and Hamas this morning.
The post Gaza Ceasefire Will Begin Tonight, Israel Announces appeared first on The Daily Sceptic.

Lockdown Skeptics >>

Voltaire Network

Voltaire, international edition

Will intergovernmental institutions withstand the end of the "American Empire"?,... Sat Apr 05, 2025 07:15 | en

Voltaire, International Newsletter N?127 Sat Apr 05, 2025 06:38 | en

Disintegration of Western democracy begins in France Sat Apr 05, 2025 06:00 | en

Voltaire, International Newsletter N?126 Fri Mar 28, 2025 11:39 | en

The International Conference on Combating Anti-Semitism by Amichai Chikli and Na... Fri Mar 28, 2025 11:31 | en

Voltaire Network >>

Donegal Geologist's View

national | sci-tech | opinion/analysis

Monday August 07, 2006 13:23

by Anon

Report this post to the editors

Geologist view on Oil Exploration in Ireland

As a Geologist working for a major international Oil company (currenty exploring off the Irish west coast) I believe that the 1992 ruling on exploration licenses is enabling Ireland to place itself as a net exporter of hydrocarbons.One must realise that exploring for oil is highly risky , 10% of drilled wells are successful and each exploration well can cost in the order of 30-50million euros also essential seismic data acquistion does not come cheap.

For Irish offshore oil exploration to compete on a global level (which it must) with the likes of 'cheap' exploration countries like the Middle East, the Far East, China and Africa, Ireland needs good tax incentives to encourage oil companies to spend a huge amount of time, money and effort in searching for what is an elusive, deminishing natural resource. This legislation was put in place in 1992 and has in my opinion done reasonably well in keeping the multinationals and smaller startup oil comapnies exploring for oil offshore Ireland.

The legsilation that does need to change is the production agreements (that is when a commercially viable field is discovered). The tax regime should be either more punititve or an Irish National oil company needs be set up as in Norway (Statoil). This would be my prefered choice, it helps in job creation , knowledge transfer (from the multinationals to Ireland), and offices could be set up in the poorer counties on the west coast thereby benefiting not only Donegal but also the whole of Ireland.

Yours

Anon

Add Your Comments >>

printable version

with comments

atom feed of comments

rss feed of comments

RSS and atom feeds allow you to keep track of new comments on particular stories. You can input the URL's from these links into a rss reader and you will be informed whenever somebody posts a new comment.

Digg this

Furl

Reddit

Gab

Twitter

© 2001-2025 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy