Something often heard from many of Ireland's top exploration and production executives about the country's offshore potential is: "There has to be more gas out there." The problem, they add, is finding it.
Ireland's offshore is under-explored and, even with a recent upturn in exploration, new discoveries remain hard to come by.
The rough statistics say it all. The country has yielded only a handful of commercial discoveries inthe last 30 years at a success rate of about one in 50.
However,
