Falklands fourth Oil Company announces plans to drill south of the Islands
The fourth British company licensed to explore in Falkland Islands waters, Borders and Southern Ltd announced preparations were “well underway” for a drilling campaign to the south of the Islands.
Representatives of the Falklands business community and others who attended a public meeting at the Chamber of Commerce last week were assured by Borders and Southern Ltd, that while recent media and political attention has been focused on the drilling for oil currently under way to the north of the Falklands, preparations were well underway for a further campaign in licence areas to the south.
Roger Charles of environmental consultants RPS began the evening with a presentation giving an overview of the Environmental Impact Assessment (EIA) that his company prepared for Borders and Southern in respect of two drilling targets: Darwin East and Stepping.
Darwin East is situated some 140km south of the Falklands and Stepping a further 30kms away, at depths of 2,010 and 1,400 metres below sea-level respectively. Reviewing the data gathered by Borders and Southern in a survey done in 2008 and other available information, the conclusion of the RPS assessment was that neither drill site was in a particularly environmentally sensitive area and that there was unlikely to be any conflict with commercial fishing interests.
It was estimated, said Mr Charles that the drilling campaign would last for around 70 days, but its start date was dependent on the availability of an appropriate drill ship or a 5th or 6th generation submersible platform.
The Environmental Impact Assessment would be refined and redrafted to take into account any significant seasonal factors, once the start date could be determined.
With regard to accidental discharges from a well, in the event of oil being discovered, Mr Charles quoted the example of the North Sea where over 3,500 wells had been drilled without such an accident occurring. However, Borders and Southern would be taking measures to deal with any “worst case” emergency should it arise.
Computer models also indicated that even with wind and tide combining to exacerbate a spill, there was no chance of oil beaching on the nearest land mass, Beauchene Island.
Following on from the EIA presentation, Borders and Southern’s Chief Executive, Howard Obee, gave an enthusiastic and upbeat account of the reasons for his company having chosen the Darwin East and Stepping targets.
Geologically, the Darwin East and Stepping targets are located in what is essentially an underwater continuation of the Andes mountains stretching from the tip of South America and curling westward to surface again in South Georgia.
Seismic three-dimensional work had identified similar structures to those found in other oil producing regions extending as far north as Venezuela, and wells drilled for scientific purposes in the seventies indicated the presence of similar source rock to that found in Argentina.
The Falklands second phase of exploratory drilling offshore the Islands commenced in February 2010 with the arrival of the semi-submersible rig, Ocean Guardian, contracted to drill wells in the North Falkland Basin for Desire Petroleum plc and Rockhopper Exploration plc.
Additionally, the rig will drill the first exploratory well to the south of the Islands for BHP Billiton Petroleum, associate of Falkland Oil and Gas Ltd.
No commercial discoveries of oil or gas have been made yet, but the first wells, drilled in 1998, proved the presence of hydrocarbons in the rich source rock of the North Falkland Basin.
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48 comments Feed
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Wheres the decree that was so irrelevant I can't remember it now, no where to be seen words and no action I see fair enough :)
www.telegraph.co.uk/news/worldnews/southamerica/argentina/7279507/British-cruise-ship-tests-Argentine-blockade-in-Falklands.html
So when we start pumping, bp and other english Co, will be kicked.<br /><br />
By the way, Venezuela, found the largest deposit, even bigger than the Saudis.<br /><br />
Of course the brits are not getting any.<br /><br />
Because they want to play the big bad boy.<br /><br />
YOU BLEW IT PAL!!!<br /><br />
YOU ARE OUT OF THE PICTURE!<br /><br />
YOU COULD HAVE BEEN A FRIEND!!<br /><br />
WHY YOU BRITS ARE SO STUPID<br /><br />
NAZIBRITISH OUT OF THE SOUTHE ATLANTIC!!
2. Their already pumping oil as we speak.
3. Your not getting any
4. As you don't recognise the government who gives permission to drill (Falklands Islands Govt)
5. Good for them, not our concern.
6. I beleive you blew it in 1982 and 2007, not getting any goodies now!
7. If we are out of it, why are we very much in it?
8. Your Friendship is irrelevant, we have plenty of better ones to play with.
9. If we are so stupid, how did we rule 3/4 the world, and give you many of the modern devices you take for granted today?
10. I think you will find the UK isn't a German National Socialist State.
11. The south Atlantic is quite big, which part?
12. Your Mum sends her regards...
By your understanding? based on what?
Anyway, even if there's oil there, I bet it aint that much like in chavez land or in Brazil, and you che idiots are so stupid, I bet the Brazilians will steal your oil..oh wait, they own your land and economy..laugh. Back to the topic, good job Falklands... drill drill drill drill and let the whiners of the Republic of che idiot keep on whining like a little bitch.
2. Argentina and later others prospected, without any relevant trace.<br />
3. uk rules the world by beign croks and appliying nazi methods.<br />
4. Half of the world hates the brits.<br />
6. uk is bankrrupt. Total foreign debt 9,5 trillion dollar, GNP less than 2 trillion.You can chek at CIA factbook. Also see millionare Jim Rogers: Get out from uk, learn chinese. uk is finished<br />
7. Pick up any of the videos of uk finished:Here some more stuff, so you get moving with Chinese language:<br />
ftalphaville.ft.com/blog/2009/01/20/51379/rogers-the-uk-is-finished/<br />
video.google.ca/videosearch?hl=en&source=hp&q=Jim+rogers+and+britain+is+finished&um=1&ie=UTF-8&ei=awGPS6PDIouWtgeIiPG0Cw&sa=X&oi=video_result_group&ct=title&resnum=4&ved=0CBcQqwQwAw#<br />
PICK ANY VIDEOS, FOR UK IS FINISHED.<br />
8. The che lives better than the rathole country of england(bankrupt)<br />
9. We can kick bp and shell from Argentina, without paying you a damn<br />
10. Thelimey crooks, are finished.<br />
11.idiotnicholas, start working to pay for the brit foreign debt.<br />
Read investor Jim Rogers. Do not put a dime in uk.
Get OUT.The world should eliminate brits troublemakers.
And start packing, punk
Wow, what a rational acadmeic response “eliminate brits troublemakers”. Please let me know how you intend to do that. Your leadership have no more cards to play and the UN and US do not appear to be interested.
As a career academic I choose not to base my conclusions on a single source of information. If the UK was bankrupt than all of my investments in the City of London would be worthless. Considering I have over 80% growth in the last year (on my equities) then I suggest that your conclusion is pretty inacurate.
Are UK glits AAA rated? Yes and this observation gives an indication of the stability of the UK economy. This is more than I can say for the Argentine economy which is the battered boy of South America and is consistently damaged by poor managment and leadership. The Argentine govermennet has now resorted to threats to companies that have no actual business interests in Argentina (mining giant BHP is the clear example). Talk about supporting private enterprise for the benefit of Argentines; really this is shooting yourself in the foot.
Anyway, I again expect the usual clever responses of “pirates” or because you have no credible reply to my conclusions why not just shout “Malvinas son Argentinas”. This will clearly confirm you have the intelectual capacity of an Ameoba.
1. They are not pumping oil-yes they are! Moron, tool, eejit!
2. Argentina and later others prospected,-Then why are you complaining?
3. uk rules the world by beign croks and appliying nazi methods.-what NAzi methods, I didn't know we had a racial purity foreign policy and unity of English Speaking peoples????
4. Half of the world hates the brits-so 3 billion love us great!
6. uk is bankrrupt. Total foreign debt 9,5 trillion dollar, GNP less than 2 trillion.You can chek at CIA factbook. Also see millionare Jim Rogers: Get out from uk, learn chinese. uk is finished....as you JAJAJAJAJAJ, we've just recorded growth again in out GDP, we are very much here to stay!
7. Pick up any of the videos of uk finished:Here some more stuff, so you get moving with Chinese language:- People where saying that in the reccession 20 years ago......FOOL I don't bother with gleaming info from Youtube
8. The che lives better than the rathole country of england(bankrupt)-It's not bankrupt, if it was we would know about it, we have a defecit, but the UK has survived remarkably well.
9. We can kick bp and shell from Argentina, without paying you a damn-Go on them I implore you, see what it does to your, see it what does to your dodgy corruption riddles economy.
10. Thelimey crooks, are finished.-No comment!
estevez, when i want your opinion I shall give it to you.
Your country IS FINISH!!!!!!!
Start working to pay the debt,PUNK!!!
you ARE NOTHING!!!
BECAUSE YOU ARE FULL OF PUNKS!!!
You are clearly not the best advertisment for the Argentine educational system. Not only do you comments lack any academic reasoning but they are also vert strangely articulated. You appear to be obsessed with PUNKS. Is this a sexual fetish or do you need to refer to a dictionary.
I will continue to pump my money into equites and gilts in the City of London but wouldn't dream about putting any of my hard earned cash into Argentine business (there are easier ways to lose your capital).
I will be contiuing to grow and develop my career to be a very sucessful academic who is able to command a very good wage etc. I adivse you to gain some additional more education/training because it appears you have been let down by your countires educational establishment. Based on the students I teach a good number of South Americans appear to like UK Universities as well as taking their cash out of South America to deposit in the UK while they have the chance.
Who cares about the UK? How much money is invested in the London Stock Exchange compared to the Argentine equity markets. This will give you a good indication about how many people care about the UK compered to the pathetic sums that are invested in Argentina.
Feel free to continue the insults as it appears that this is the best response you can offer.
looks like we've got another john wayne here. jorge has competition.
You PUNK do you have a chain hanging off your knob?
Argentina is the shit on ones shoe.
And the rig keeps drilling.
IS NOT GOING AWAY.
IF NOT YOU HAVE TO SALE YOUR COUNTRY!!
GO BACK AND WORK, PUNKS!!!
DO NOT WASTE TIME HERE!!!
Rhaurie C.<br />
I admire your writing, but do not understand why, you waste or spoil time responding such nonsense...<br />
A. According to Estevez :“ half of the world hate you...”.<br />
I like your positive conclusion....(allways look on the bright side of life!) # 3billions (the rest) are supporters or in best case neutral , that can`t be diasterous!.<br />
B. Very serious! UK is close to be bankrupt! Don`t care!! Do like the crew onboard Invincible. They were according to news from a S-American nation damaged and sunk three times in 1982... Them stupid fellows didn`t take notice and continued to sail and operate. It tells me one thing.. either is british sailors and ships and mentality special, or news from a particular press very untrustable. So..dont worry!!Allways look...<br />
KHH<br />
#17 Just a short message: I Do not like you compare Estevez and John Wayne. You may say many bad things about John Wayne, but this statement is certainly not fair. John Wayne was not that bad.<br />
Let him rest in peace. Even you don`t like him (J.W) he absolutely dont deserve to be compared with....(you know who!).<br />
God have given us many gifts. Humor is one of them. Why did he(she)<br />
discriminate some people......??? (be gratefull , you and R.C.have the gift!)
Can you provide a definition of a PUNK please? Is it an anagram or abbreviation for something that only thick people know about?
I am becoming seriously concerned about your obsession with the aformentioned PUNK(S). Perhaps you coould do with seeing a therapist to face your obsessions; also an economist at the same time to analyse your strange grap on the principles of economic theories. I would help you out on this one but I have no reason to travel to Argentina and have bigger fish to fry in the UK.
Right off to bed, as will be teaching about unit trusts and OEICs tomorrow.
Dr Beef
A....Indeed clever though I am, it amuses me to put down people of inferior intellect!
Have you ever done fly fishing, the same applies here, apply a suitable lure and the little fish start biting! One by one I reel them in :)
JUST LOOK AT CIA FACTBOOK.
EXTERNAL DEBT/GNP RATIO IS ABOUT 5.
SO IF YOU PUNKS, SALE ALL uk, INCLUDING buckigham WITH THE QUEEN AND YOUR HOMES WITH THE STUPID MILITARY PARAFENALIA, LIKE THE TYPHOONS< SSN AND THE PERSHING, STILL YOU CAN NOT COME UP WITH 20%. OF THE DEBT!!!
YOUR PATHETIC uk IS BANKRUPT!!!!
AAAHHHHHHHHHHHHHHHHHHAAAAAAAAAAAAAAAAAAA
GO TO WORK PUNKS!!!!
ANYWAY WHO NEEDS A COUNTRY WHO SMASHED ANOTHE RCOUNTRY IN HALF!!
STILL THEY KICKED YOU OUT LIKE DOGS< EVEN WITH UNCLES SAM BESIDE>
OF COURSE, DO NOT THINK FOR ONE MINUTE< YOU ARE NOT GOING TO GET IT BACK!!
TRUST ME< YOUR PATHETIC COUNTRY IS GOING TO PAY HANDSOMELY, WHAT YOU DID TO OTHER PEOPLE!!
YOU PUNKS!! I HATE YOU ALL!!
MUERTE A LOS BRITS!!
First off, The Falklands are ours, they wish to remain British, and British they will be.
There is 60 Billion Barrels of Oil in the Falklands area, so your comment about NONE is laughable.
Friendship?? lol, why the hell would be want to be friends with you pitiful bunch of worthless wannabes??
Britian is a self sustaining nation, has lots of power and wealth, whereas Argentina is a debt ridden country filled with drugs and criminals.
Ohh Britian defeated the Nazi's, so your comment was a just a little bit off the mark, however you would know this if you actually read a factual history book, many of which can be bought for a few dollars/pounds/Euros outside of Argentina, as my per my understanding, Argentine History books contains nothing more than brainwashing drivvel.
So to sum up....... Tte Estevez.............. your an idiot.
FOR SURE YOU KNOW NOTHINGH OF ARGENTINA,I KNOW england AND IT SUCKS.<br />
ARGENTINA IS NOT FULL OF CRIMINALS, AND THE limeys left BEHIND THE PUNKS.<br />
ONLY A PUNK COUNTRY can have aMUSIC BAND(tha beatles) be recognized by the queen ,to save a country for sliding further, in the '60.<br />
Or you do not remember PUNKS???<br />
By the way, you limeys ignorant should learn to speak another language.<br />
YOU ENGLISH PUNK ARE PATHETIC!!
THE MOST PROBABLE LIES IN ARGENTINE WATERS AND YOU ARE NOT GETTING ANY.
BY THE WAY: VENEZUELA, RECENTLY DISCOVER THE LARGESTS DEPOSIT OF OIL,300 BILLIOM (PROVEN), LARGER THAN THE SAUDIS, AND YOU GET NOTHING!!
LIMEY IDIOTS!!!
In fact I wouldn't be surprised if a lot of the so-called Argentines who like to hurl insults on these boards aren't all the same person. Sad, isn't it?
Do you have to work hard at being as pleasant as ameobic dysentry or does it come naturally. Regarding your comment about “getting back to work”; I have just got back home from work. Given the nature of your posts I do doubt if you are employable. With regards to the economic analysis you present, take a look at the other stories on Mercopress. Argentina has defaulted on government bonds. The UK has never ever defaulted on a bond or gilt since they were initially invented by the Bank of England. Take a look at the bond ratings and you can clearly see which is the more stable investment. In conclusion you are plain and simply wrong on every account and your responses and insults confi this. Feel free to continue calling me a PUNK or limey as this will confirm to all your inferiority.
One of the topics, convinced me to sell, is to see all these stupid limey exponent in this forum.
My conclusion was: If this is the level of these limey... my god, better get rid of all the exposure to the brits.
By the way: Several analyst sugest , gordy to resign, but before doing that, abolish the bank of england for incompetent.
The only measure of these managers(B of E) was to print money.
You punks....Bank of england???? finish.
One stupidity after the other, what pathetic country.
May be if you PUNKS wiLL CONCENTRATE IN SOMETHING MORE USEFUL, YOU CAN HAVE A DECENT COUNTRY....
One of the topics, convinced me to sell, is to see all these stupid limey exponent in this forum.
My conclusion was: If this is the level of these limey... my god, better get rid of all the exposure to the brits.
By the way: Several analyst sugest , gordy to resign, but before doing that, abolish the bank of england for incompetent.
The only measure of these managers(B of E) was to print money.
You punks....Bank of england???? finish.
One stupidity after the other, what pathetic country.
May be if you PUNKS wiLL CONCENTRATE IN SOMETHING MORE USEFUL, YOU CAN HAVE A DECENT COUNTRY....
chew on that
My theme was economic, not military.<br /><br />
I detest weapons and wars...<br /><br />
kkk, brougth up the topic, not me..<br /><br />
Some brits they used heroes war names as nicknames..<br /><br />
What is wrong??<br /><br />
It is an admiration and respect..is not mockery..
I suppose the root of your english comes from the Cartoon Network.<br />
<br />
I still question your methods, and info. I am not in the oil business, so chances of me getting any are slim. But, I do know one thing, I have a better chance than yourself.
I suppose the root of your english comes from the Cartoon Network.<br />
<br />
I still question your methods, and info. I am not in the oil business, so chances of me getting any are slim. But, I do know one thing, I have a better chance than yourself.
The root of my english comes since I was a kid, since my mom, has a PhD, in languages, she stayed in uk for one year to finish her thesis.
Also it come with my Master degree in Electrical Engineering from the USA.
And what better chances are you refering my dear friend?
In another posting here you admit to being clueless on the Falklands until three years ago, although it's debatable whether you have clue now as well.
I see you're not claiming to be a professor this time round, but you are a known liar and coward.
They did not kick out yet from this forum?
Yes I am still a professor, now is even better, because my field extended, from Robots and micrcontroller to Energy, conventional and non conventional.
So it is looking much more interesting.
And yes I am a fast learner, unfortunately for many in this forum.
The one that did not learn a thing is you!!
All SAmerican supports Argentina in the S Atlantic, which is our natural habitat, not yours, Northern imperialist.
regards to your IMPERIAL NATION
I PRAY uk and Co, vanish from the S. Atlantic
ALSO PRAY THEY DO NOT NUKE ENGLAND!!!!
YOU REALLY NEED THAT< SINCE YOU HAVE MADE SO MANY ENEMIES.....
POOR PUNKS!!!
Care to comment on the use of Lyapunov theory in the design of nonlinear control algorithms?
I happen to be an engineer myself, tell me Professor, how long did it take for you to gain all of these qualifications??? Or did you purchase them on-line.....................:)
Must admit, i do enjoy this site, really brightens up my day, to see all this wishful thinking..........
Keep dreaming the dream people, it will never happen.
3 years ago, several brain cell destroying Argentine tabloids began circulating a story that the UK intended to annex half of Patagonia and the Islas D'estodas by 2009, again this deadline seems to have been surpassed by well over 2 years?
Argentine predictions seemingly have a polymer structure that is more flexible than any substance of it's kind over known to man.
if the Falklands become Malvinas, it would be at the consent of the people, in which case there would be no arguement, the fact that You are advocating un-democratic imperialist takeover without the consent of the people.
But anyway Argentina is more likely to break up into at least 4 different states than for them to get their grubby hands on the islands
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