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Mixed bag for Noble Energy: oil in Gulf of Mexico and plugged well in the Falklands

Tuesday, November 27th 2012 - 22:18 UTC
Full article 20 comments

Noble Energy Inc. (NBL) unveiled a discovery in the Big Bend exploration area in the Gulf of Mexico as it also abandoned another well off the shore of the Falkland Islands that yielded a low-quality reservoir. Read full article

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  • Pirate Love

    Well at least there is gas, better to have the resources and retrieve them then to have the resource and not have the means, isnt it argentina??
    and with the latest fitch downgrade things are about to get even harder for the Crustina reich :))) what a shame!

    Nov 27th, 2012 - 10:31 pm - Link - Report abuse 0
  • slattzzz

    It' s only one well as far as I understand plenty more to look at and the Rockhopper one in the North Basin is defo a goer I believe

    Nov 27th, 2012 - 10:43 pm - Link - Report abuse 0
  • Pirate Love

    @2 fingers crossed, even with this not so great news, nothing could be worse than the news argentina has just recieved in the past half hour, talk about bad timing.

    Nov 27th, 2012 - 10:51 pm - Link - Report abuse 0
  • Lord Ton

    http://falklandsnews.wordpress.com/2012/11/27/fic-condemns-intimidation/

    :-)

    Nov 27th, 2012 - 11:09 pm - Link - Report abuse 0
  • ProRG_American

    Just move on. You were not meant to find any. It will be up to the Argentines to exploit their oil when it is finally found in the future.

    Nov 27th, 2012 - 11:17 pm - Link - Report abuse 0
  • Pirate Love

    @5 Its possible, however,only when argentina has agreed a deal with F.I.Govt to explore for oil within The Falklands territory, but that is in a far flung future, if at all.

    SELF DETERMINATION,

    Nov 27th, 2012 - 11:38 pm - Link - Report abuse 0
  • puerto argentino

    Comment removed by the editor.

    Nov 28th, 2012 - 12:41 am - Link - Report abuse 0
  • Bongo

    @5
    “You were not meant to find any.”

    First the Malvinistas claim the whole world is on their side. Are they now claiming God is too?

    Nov 28th, 2012 - 12:42 am - Link - Report abuse 0
  • Troy Tempest

    @7PA

    Oh, dear.

    Shouting will not help. Mummy is not going to come running. It's still the same answer - you cannot have a pony.

    Nov 28th, 2012 - 12:51 am - Link - Report abuse 0
  • Bongo

    @7

    But the islanders ARE exercising self-determination.

    Understand?

    Nov 28th, 2012 - 01:17 am - Link - Report abuse 0
  • Nostrolldamus The 2nd

    Well, I really don't care either way if there is oil or not there, of course good for the locals if there is.

    HOWEVER, this news does seem like a slap from above to the BIG-MOUTHED Brits on this board (interestingly, I haven't seen many falkanders with as big a mouth).

    They were all talking about how the Falklands were going to buy Argentina when the oil started flowing... I guess it maybe a good idea to follow the cardinal rule that states “don't speak too soon?”

    Nov 28th, 2012 - 02:04 am - Link - Report abuse 0
  • CJvR

    Ah well, I suppose they have to make due with the previous finds.

    Nov 28th, 2012 - 02:21 am - Link - Report abuse 0
  • Marcos Alejandro

    D U S T E R :-)))

    Nov 28th, 2012 - 04:04 am - Link - Report abuse 0
  • Bongo

    So Marcos, there can be no theft of Argentina's resources - as Malvanistas claim - since there are no resources to steal, right?

    Nov 28th, 2012 - 08:57 am - Link - Report abuse 0
  • briton

    They were all talking about how the Falklands were going to buy Argentina when the oil started flowing

    just like argies nuking the human race,

    its a joka, you know whata joka is dont you .lol.

    Nov 28th, 2012 - 02:28 pm - Link - Report abuse 0
  • Anbar

    “”“”“” I guess it maybe a good idea to follow the cardinal rule that states “don't speak too soon?”“”“”“”

    ..but.... you just broke that ....? eh? wtf?

    arf arf

    - - -

    seriously, as I posted elsewhere: anybody who bets on oil exploration is betting on a bucking bronco on acid....

    until its actually pumping commercially, I wouldn't go running my mouth off about it. ..or what its going to do.

    Not too mention that in most situations where a small population gets access to a large oil/gas revenue... it doesnt always turn out that well in terms of general society.

    (Still, I wish this guy would stick to just one account rather than using many... his points would carry a lot more weight than constantly being spouted via various sock-puppets)

    on which subject tobias/nostro/BK/guzz*whoever*.... I think it is fair to say that the loud mouths on any side should always learn to keep their gobs shut more often... dont you think>?

    More fool the person who thinks they are representative of course. ¬_¬

    Nov 28th, 2012 - 07:15 pm - Link - Report abuse 0
  • British_Kirchnerist

    Oh dear, maybe it would be better to team up with Argentina after all, you might be better able to find the oil if you do...

    Nov 28th, 2012 - 11:10 pm - Link - Report abuse 0
  • cuen_89

    that old briton keep acting like a stupid child

    Nov 29th, 2012 - 07:05 pm - Link - Report abuse 0
  • Furry-Fat-Feck

    “Oil was found to the north of the Falklands in 2010 by Rockhopper Exploration, which has enlisted Premier Oil to fund development, while Desire Petroleum also confirmed the positive potential of its licence in the North Malvinas basin last week.”

    Oh well. I suppose two oout of three aint bad.

    Nov 29th, 2012 - 09:47 pm - Link - Report abuse 0
  • Argie

    All of us know that oil explorers always lie about the likelihood of finding a Paradisiac Well, peppering the TV with news of the promising area they were allocated.

    This is to catch investors, as greed is one or perhaps the main motive to join in this risky business.

    Shares are better bought from petrol companies that earn good money every day. Dearer, but sure enough.

    Let explorers use their own resources and they'll stop drilling unless they have 99% chances of finding a productive well.

    I remember gold exploration turned out a few small nuggets. Then garnet came in. No luck.

    I'm sorry for my island friends who fell in the explorers' trap.

    Tourism is better. Pave a few more roads and money will rain into your local accounts. Leave Rockfu**er alone.

    Cheers!

    Nov 30th, 2012 - 02:18 pm - Link - Report abuse 0

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