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YPF first well drilled in the Malvinas basin proves “dry”

Wednesday, July 6th 2011 - 05:45 UTC
Full article 37 comments

YPF Argentina reported Tuesday that its first offshore well drilled in the so called Malvinas basin proved dry. The operation was equally shared with Brazil’s Petrobras and Pan American Energy, a Chinese-Argentine group. Read full article

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  • stick up your junta

    Hows it go Think? I know got it,chuckle chuckle

    Jul 06th, 2011 - 06:00 am - Link - Report abuse 0
  • Beef

    Perhaps any oil has migrated to BOR and FOGL acreage in Falkland Island territorial waters?

    Wouldn't that be nice.

    Jul 06th, 2011 - 08:04 am - Link - Report abuse 0
  • Rhaurie-Craughwell

    I see despite the insane lunatics in La Plata a British territory flagged vessel, from the Aberdeen based operations side of a Swedish firm.....has managed to drill after all :)

    I wonder if our resident psychopath, mega nationalist and successive winner of Knob of the year award Martin (aka Fernando) has anything to say about this :) apparently according to him these vessels had fled Argentina.....

    chuckle chuckle

    Jul 06th, 2011 - 09:14 am - Link - Report abuse 0
  • Frank

    Peanuts, Popcorn Anyone?....

    Yo Thinko!.... you said there was no oil in the 'Malvinas'.... well picked that man!

    Chuckle??? I've larfed and larfed and larfed....

    A “historic milestone” on Argentina's road to nowhere....

    Jul 06th, 2011 - 09:42 am - Link - Report abuse 0
  • JustinKuntz

    Another nail in...oh bugger

    Chuckle, chuckle

    Jul 06th, 2011 - 10:21 am - Link - Report abuse 0
  • Britishbulldog

    Now now boys and girls no need to take the piss. Oh sod it whats else is there to do. Chuckle chuckle, chuckle rolling on the floor laughing.

    Jul 06th, 2011 - 10:28 am - Link - Report abuse 0
  • Beef

    At least DES found gas, oil stained water and oil shows. While RKH have a confirmed oil discovery and is planning production and also a “massive” gas prospect at Johnson.

    It is clear for the Falklands drilling that reservoir quality and maturity appears to decline as you move west. Sealion is expected to come in with much less net pay 4km west of the latest flow test well. It will be however better than the 0m net oil pay that the Argies have just managed.

    What this drill has done is by default given valuable info to BOR and FOGL who will be drilling similar prospects Q4 2011 and Q1 2012. Thanks for the help YPF, I am sure we will return the favour, that is unless we cannot find you or we forget.

    Jul 06th, 2011 - 11:12 am - Link - Report abuse 0
  • RedBaron

    It's always been a mystery to me why the Argies are so dead set on trying to claim the Falklands. Normally, they are jabbering and finger pointing at the water divining skills of DES or the dusters of RKH but now they are getting a taste of the same medicine themselves and they are silent.
    If they truly believe there is nothing to be found in Falklands territorial waters, why are they so insistent on drilling in a similar area and why are they so insistent on claiming the islands anyway if they are convinced that there is nothing there?

    The phrase containing the words 'Hoist' and 'Petard' seem to apply !!!

    Jul 06th, 2011 - 12:04 pm - Link - Report abuse 0
  • JustinKuntz

    http://www.argentina-rree.com/documentos/culture_escude.htm

    Explains the origins and reasons that sustain the Argentine claims rather well.

    Jul 06th, 2011 - 12:14 pm - Link - Report abuse 0
  • stick up your junta

    73 Think (#)
    Jul 06th, 2011 - 04:06 am
    Report abuse
    (72) Hoyt

    Yup......., todays news:

    “Argentina's YPF Offshore Well In Cuenca Malvinas Area Turns Out Dry”

    Thinks already on Damage limitation mode,Spin baby Spin

    http://en.mercopress.com/2011/07/01/falkland-islands-rockhopper-exploration-plc-pr
    Best possible news for Argentina in respect of the “Malvinas Issue”.

    It will be interesting to follow FOGL and BOR shareprice in the next couple of days..........................

    Jul 06th, 2011 - 12:43 pm - Link - Report abuse 0
  • malen

    baron rojo o millonario de las rabas (rabamillonaire)
    for me is not a mistery pirates trying to mantain 16 bots and colonial powers all round the world in 21st century.
    as my own research indicates they have always been stealing lands by force, expelling authorities and garrisons and people.
    how much does it cost 1 kilo of rabas or calamares there? here it is relative accesible, there are other fishes much more expensive.

    Jul 06th, 2011 - 01:33 pm - Link - Report abuse 0
  • Fido Dido

    If it's “dry” there, than mr think will have the last laugh by where rockhopper is drilling, is also dry and simply lying to it's investors, because so far they neither have found oil, but water.

    Jul 06th, 2011 - 01:48 pm - Link - Report abuse 0
  • Beef

    Fido - apart that the NFB and the Malvinas Basin are geologically two different structures. The NFB is fed in a south to north direction with faulting coming in from the east. It is not connected to the Malvinas Basin unlike the SFB where BOR have acreage.

    Just to inform you that sticky black liquid that is combusted by flaring off the side of the rig (at up to 9000 bbls per day) is either oil or a new form of combustible black water that has never been seen before.

    Try harder next time you spanner.

    There is no if, RKH have oil and are moving towards production and YPF have found sand (with no oil in it).

    Jul 06th, 2011 - 03:01 pm - Link - Report abuse 0
  • RedBaron

    Malen - first of all, I don't really like calamari (but I do like Patagonian toothfish, which is much more expensive!!).

    Maybe you are suggesting that the most important reason for taking control of the Falklands is to reduce the price of squid in Buenos Aires?

    If you have been paying attention to the history lessons on this website, you will know that the Falklanders have never evicted anyone apart from a small Argy garrison. There was never a native population (let alone any established Argentinians) in the FI.
    As for your countrymen and history, the murder of native indians and inhabitants in the south of your country as well as the removal of air passengers above the Atlantic without the required safety equipment makes any islander prefer the BOT status above that of new world colonists.

    Jul 06th, 2011 - 03:19 pm - Link - Report abuse 0
  • zethe

    CHUCKLE CHUCKLE VISION

    Jul 06th, 2011 - 03:30 pm - Link - Report abuse 0
  • stick up your junta

    Seeing you Argies have got a thing about Pirates and Chuckles, so without further ado, as think would say, fill your boots

    Chuckle Brothers Live Pirates Of The River Rother
    http://www.youtube.com/watch?v=oxx1_-l04-g&feature=related

    Jul 06th, 2011 - 04:02 pm - Link - Report abuse 0
  • Marcos Alejandro

    Who cares about oil anyway, we are not desperate nor in need for oil revenue like sinking Britain. Oil is fast becoming obsolute, lithium anyone?

    Jul 06th, 2011 - 04:18 pm - Link - Report abuse 0
  • Think

    TWIMC
    Yet another nail in the ”British Pirate’s Oil Exploration” coffin in the South Atlantic©

    Evidently, the London Market didn’t like the ”Duster” news from Argentina………….
    The next couple of days will be quite interesting to watch………………

    ARGHHHOS RESOURCES: Down 4.58% to 27.19p
    BORDERS & SOUTHERN DISCOMFORT: Down 0.50% to 49.50 p
    FALKLANDS OIL AND GAAAAS LTD.: Down 3.23% to 60.00p
    ROCKFLOPPER EXPLORATION: Down 3.59% to 255.25p

    Chuckle chuckle™

    Jul 06th, 2011 - 04:25 pm - Link - Report abuse 0
  • Beef

    Marcos - then why are you looking for it? Clearly it is a big deal for Argent. As YPF is part gvt owned then it is Argie tax money going into drilling dry holes into the sea bed. I guess you have no cconcern with the FI drilling then if oil is obsolete?

    With the amount of mental illness in Argentina then I guess there is a string domestic market for lithium.

    I much prefer medium grade crude, iron ore, gold and potash. Makes the world go around!

    Jul 06th, 2011 - 04:33 pm - Link - Report abuse 0
  • Artillero601

    the Trade Mark after the Chuckle is hilarious !!!

    Can you sue for infringement?

    Jul 06th, 2011 - 04:34 pm - Link - Report abuse 0
  • Beef

    Marcos - then why are you looking for it? Clearly it is a big deal for Argentina, as is gas which you have a shortage of in terms of supply. As YPF is part gvt owned then it is Argie tax money going into drilling dry holes into the sea bed. I guess you have no cconcern with the FI drilling then if oil is obsolete?

    With the amount of mental illness in Argentina then I guess there is a string domestic market for lithium.

    I much prefer medium grade crude, iron ore, gold and potash. Makes the world go around!

    Jul 06th, 2011 - 04:34 pm - Link - Report abuse 0
  • Marcos Alejandro

    Beef is so pissed about the market today that is turning into a scratched LP #21 and #19.

    Jul 06th, 2011 - 04:54 pm - Link - Report abuse 0
  • Think

    (20) Artillero601

    Maybe I should sue the turnips……
    Too many false pirated “Chuckle chuckles” around.
    I counted 15……… just in this thread !

    Chuckle chuckle™

    Jul 06th, 2011 - 05:17 pm - Link - Report abuse 0
  • Artillero601

    @23

    I think you should “Think” !! the Chuckle, Chuckle is only yours !!

    Jul 06th, 2011 - 06:01 pm - Link - Report abuse 0
  • Englander

    I hope Argentina finds oil in its sector of the South Atlantic just as much as I hope we find oil in our sector of the South Atlantic. The success of both are very likely linked.
    Anyway forget global warming, a new mini ice age is approaching and the World needs all the oil it can get.

    Jul 06th, 2011 - 07:03 pm - Link - Report abuse 0
  • Artillero601

    so let's call it climate change instead. Every time we have record lows in the US, the republicans shout “ where is the global warming” ??

    Back on the issue and this is a question to my fellow Argentinos .... We were self sufficient at one point (oil) , why do we have to import now?

    Jul 06th, 2011 - 07:10 pm - Link - Report abuse 0
  • Beef

    Actually Marcos I am very happy with the markets today - Check out OPG and AYM - yummy!

    You will fine that the dual posting was an issue with my iPhone web browser.

    Think - Have you relegated yourself to only posting daily sp movements? I thought more of you. Anyway, you are still constrained by your ideology, Marcos is still thick as pig shit and there is still oil in the Falklands, the world is a happy place (unless you were Portugal today, ouch)!

    Jul 06th, 2011 - 08:00 pm - Link - Report abuse 0
  • fredbdc

    I am guessing Marcos neither resides in Argentina nor reads any of local newspapers. All the newspapers today are talking about long lines at gas stations and by next week the will be a serious nationwide shortage of gas (nafta) and diesel fuel. I hear Salta is completely out already. Plus the government has restricted sales of natural gas to companies so people's are not freezing at home so many companies are sitting idle. So I think Argentina needs a lot more oil....a the glories of state planning, price controls and long lines and empty shelves or in this case dry pumps. hahahaha

    Jul 06th, 2011 - 10:02 pm - Link - Report abuse 0
  • malen

    rabamillonaire
    toothfish is bacalao not of my exquisite paladar
    i like rabas mariscos all of them and salmón rosado
    and how much does it cost the rabas rebozadas y congeladas?
    or el kilo the calamar?? you didnt tell me here it is cheap and a common dish

    Jul 06th, 2011 - 10:05 pm - Link - Report abuse 0
  • Artillero601

    @29

    Nada como un bife de chorizo con papas fritas Malen !!! Best meat in the planet

    Jul 07th, 2011 - 03:19 am - Link - Report abuse 0
  • JustinKuntz

    What I find deeply sad is the comments happy about the failure of an Argentine venture, if only for the alleged negative impact it would have on the Falklands. WTF?

    Jul 07th, 2011 - 11:45 am - Link - Report abuse 0
  • Frank

    comments such as that at #18?

    He doesn't have a worry about energy shortages in RGland... he has his dogs to keep him warm on those long dark Patagonia nights...

    Jul 07th, 2011 - 12:04 pm - Link - Report abuse 0
  • malen

    im vegetarian artillero
    i dont like meat or fish much
    papas fritas yessss revuelto gramajo yessss

    Jul 07th, 2011 - 12:18 pm - Link - Report abuse 0
  • Artillero601

    “revuelto gramajo” cuanto hace que no como eso!!!

    Jul 07th, 2011 - 01:17 pm - Link - Report abuse 0
  • Rhaurie-Craughwell

    Save the vegetables....eat more herbivores!

    Jul 07th, 2011 - 08:19 pm - Link - Report abuse 0
  • Malvinense 1833

    Anthony Browne
    Sunday May 12, 2002
    The Observer
    It is a modern day version of Romeo and Juliet set not in fair Verona, but the chilly south Atlantic. A pair of star-crossed lovers have been forced into exile from the Falkland Islands for the ultimate sin: falling in love with the enemy.
    Now the story looks set to become the closely-knit island's first human rights case. The cast includes James Peck, a sixth-generation Falkland Islander, and the only professional artist in the British territory; his father Terry Peck MBE, a decorated war hero who was the only islander to take up arms against the Argentine army; James's best friend Michael, an Argentine conscript who fought Terry in battle; and James's pregnant girlfriend María, who happens to be Argentine.
    María moved in to James's home in the former battleground of Goose Green, and kept a low profile. But the relationship between the son of the island's only war hero and the Argentine woman has caused such controversy that the island's hospital has refused to give treatment to María during the birth, and the church has refused to let them marry.
    With claims of official cold-shouldering, James and María have been forced to leave and stay in a borrowed apartment in Buenos Aires, the enemy capital, to await the birth of their baby. 'We had to leave and that was it,' said James from his Argentine hideaway. 'Most of my friends can't believe this awful treatment.' Now human rights monitors working for the British Foreign and Commonwealth Office have intervened in the case, and James has instructed a solicitor in the Falklands to take legal action against the island government.
    James suspects that the Falklands government simply didn't want his baby born on the island at this sensitive time. 'I guess it would not look too good to have a baby born between an Argentine and a Falkland Islander whilst the twenty-year celebrations are happening,' he said. 'People cold-shoulder me. I get accosted in bars.

    Jul 09th, 2011 - 05:18 pm - Link - Report abuse 0
  • Rhaurie-Craughwell

    2002.... this is 2011 Malvinarse.....have you been living as a troglodyte since that time?

    Jul 10th, 2011 - 08:51 am - Link - Report abuse 0

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