We present the results of the deepest optically identified X-ray survey yet made. The X-ray survey was obtained with the ROSAT position-sensitive proportional counter (PSPC) and reaches a flux limit of 1.6 x 1O_15 erg cm 2 s -1 (0.5-2.0 keV). Above a flux limit of 2 x 10 -15 erg cm 2 s -1 we define a complete sample of 70 sources, of which 59 are identified. For a further five sources we have tentative identifications and for a further four the X-ray error boxes are blank to R = 23 mag. At brighter fluxes ( >_ 10 -14 erg cm 2 s -1 ) we confirm the results of previous less deep X-ray surveys, with 84 per cent of our sources being QSOs. However, at the faint flux limit the survey is dominated by a population of galaxies with narrow emission lines (NELGs). In addition, at intermediate fluxes we find a small number of groups and clusters of galaxies at redshifts generally > 0.3. Most of these groups are poor systems of low X-ray luminosity and the number that we find is consistent with a zero evolutionary scenario, unlike the situation for high-luminosity clusters at the same redshift. To a flux limit of 2 x 1O_15 erg cm -2 s -1 , QSOs contribute > 31 per cent of the cosmic soft X-ray background (XRB), groups/clusters contribute '' 10 per cent and NELGs contribute ~ 8 per cent. However, the QSO differential source count slope below 1O_14 erg cm -2 s -1 is -1.4, severely sub-Euclidean, as is the (poorly defined) group/cluster slope, whereas the differential NELG slope is close to Euclidean (^, -2.4). If the NELG source counts continue to rise at that slope, all of the remaining cosmic soft XRB will be explained by a flux limit of ~ 1-2 x 1O_16 erg cm 2 s -1 , with NELGs contributing about one quarter of the XRB. The average NELG X-ray spectrum is harder than that of the QSOs, and similar to that of the remaining unresolved cosmic XRB, suggesting that NELGs will also be substantial contributors to the XRB at higher energies. The observed NELGs lie in the redshift range 0.1-0.6 and have MR = -20 to -23, approximately 3 mag more luminous than typical field galaxies. They have predominantly blue colours, and some are definitely spirals, but the presence of some ellipticals cannot yet be ruled out. Many are in interacting or disturbed systems. The NELGs have optical spectra similar to
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