MercoPress, en Español

Montevideo, March 29th 2024 - 13:19 UTC

 

 

YPF strikes oil and gas in the Kirchner's province

Tuesday, August 26th 2014 - 07:24 UTC
Full article 25 comments

Argentina's petroleum company YPF announced the discovery of new gas and oil reserves in the province of Santa Cruz, with the potential to produce more than 200,000 cubic meters of gas and 370 barrels of oil per day at a depth of 2.770 meters. Read full article

Comments

Disclaimer & comment rules
  • ChrisR

    “370 barrels of oil per day, the company said in a release”

    “This discovery is the result of innovative works, and it once again honours the explorer DNA of YPF”, president Miguel Galuccio said

    These numb-nuts shouting their mouths of over 370 barrels per DAY need 2,700 TIMES THAT to make a million barrels per day: the only figure worth talking about if YPF are ever going to drag TDC out of the stone age it has put itself in.

    They are REALLY, REALLY desperate.

    Aug 26th, 2014 - 11:39 am - Link - Report abuse 0
  • yankeeboy

    It is an odd announcement. I wonder if the well is actually profitable? If they have to build infrastructure to the processing center I can't see how it could be.

    The nat gas find is 3 minutes of their yearly usage! If they are reporting it correctly.

    Aug 26th, 2014 - 12:19 pm - Link - Report abuse 0
  • Klingon

    Sounds more like a tanker truck flipped over and split it's load.

    370 barrels?? WTF?? Doesn't even serve 1 gas station.
    There's more oil floating in the Rio Lujan at the moment.

    Aug 26th, 2014 - 12:24 pm - Link - Report abuse 0
  • Captain Poppy

    That's like a backyard well in Texas.........lol

    Aug 26th, 2014 - 12:44 pm - Link - Report abuse 0
  • Idlehands

    How long before it's discovered that the land in question belongs to CFK herself?

    Aug 26th, 2014 - 01:22 pm - Link - Report abuse 0
  • golfcronie

    When I was last in Neuquen Province the “ nodding donkeys ” were spewing out more oil on the ground than producing. Pools of oil all over the place, lack of maintenence, they think that all equipment will run ad infinitum without maintenence. Dumb shits.

    Aug 26th, 2014 - 04:06 pm - Link - Report abuse 0
  • paulcedron

    bobos various
    this is just a sample, you nabos.
    the cuenca del golfo de san jorge is capable of producing +/- 30 million m3.
    there are more than 70.000 km 2 to be explored yet.
    how dare you to compare it with that tiny little oil well of the islets?
    lol
    not to mention about vaca muerta...

    losers

    Aug 26th, 2014 - 05:50 pm - Link - Report abuse 0
  • yankeeboy

    7, That's absolutely not what the PR says and I checked it on other sources. This is a tiny insignificant well not even worthy of a PR.
    But when you have nothing even something small seems big.

    BTW did you know YPF only have 16 wells drilling!! They're never going to be able to replace the spent fields at that rate.

    Aug 26th, 2014 - 06:01 pm - Link - Report abuse 0
  • golfcronie

    @7
    Hey Chief Nobo, which post compared this tiny well with the islets you
    nabo

    Aug 26th, 2014 - 06:54 pm - Link - Report abuse 0
  • Briton

    Even if their was black fools gold, the islanders are entitled to their 10%
    are they not..??

    Aug 26th, 2014 - 07:17 pm - Link - Report abuse 0
  • chronic

    Did they set pipe on it? Sounds like a dry hole.

    Aug 26th, 2014 - 07:23 pm - Link - Report abuse 0
  • Briton

    Apparently they may divert the sewers down that hole, thus adding tons of black paint and sell it as sticky oil,lolol

    they do say the masses will believe anything..

    Aug 26th, 2014 - 07:25 pm - Link - Report abuse 0
  • Klingon

    Check this out http://www.preciodolarblue.com.ar/

    Aug 26th, 2014 - 07:39 pm - Link - Report abuse 0
  • yankeeboy

    Street price ended up at 14.40/1 today.

    BCRA spent U$40MM tamping down the gov't rate today.

    They don't have much U$ and this is a very silly way to waste the money.

    Aug 26th, 2014 - 09:03 pm - Link - Report abuse 0
  • Klingon

    Shit's flying out of control, fast.
    I am so glad we have someone competent like Kristina at the helm

    Aug 26th, 2014 - 10:33 pm - Link - Report abuse 0
  • Pete Bog

    @7 “this is just a sample, you nabos”

    No-they just discovered Fat Maximo's latrine and took gas readings after he had farted-false alarm amigo!

    Aug 27th, 2014 - 01:23 pm - Link - Report abuse 0
  • reality check

    Nice story.

    Reminds me.

    My Zippo needs filling!

    Aug 27th, 2014 - 02:30 pm - Link - Report abuse 0
  • paulcedron

    16 pete bog
    good one. lol

    17 reality,
    guess all the oil of the islets is not enough for filling your zippo, eh?
    now you need to use OUR oil.

    Aug 27th, 2014 - 02:45 pm - Link - Report abuse 0
  • reality check

    Whoops, didnt occur to me for a single moment, that yours needed a refill.

    Sorry!

    Hurry up, 200 Kim's to the next YPF lighter filler.

    Aug 27th, 2014 - 02:50 pm - Link - Report abuse 0
  • Briton

    When the oil start running,
    the islanders will be running to the bank,

    and the poor argies will be watching from afar crying in their CFK orientated milk shake,lol.

    Aug 27th, 2014 - 07:19 pm - Link - Report abuse 0
  • paulcedron

    20 little briton
    the only way the islanders will be running to the bank would be if they had a job.
    something productive to do.
    but that will not occur.
    they are too lazy, just parasites of the honest british taxpayer

    Aug 27th, 2014 - 08:34 pm - Link - Report abuse 0
  • Briton

    Envy Envy,

    Argentina has more unemployed than the islanders,
    and are poorer than the islanders,
    ,,,,,,,,,,,
    parasites
    are not uncommon on argentines either,
    the main difference between the islanders and the argentines is
    the islanders do not want or claim nothing that is not theirs, unlike Argentina on the other hand.

    Aug 27th, 2014 - 10:29 pm - Link - Report abuse 0
  • paulcedron

    haha
    just a tip:
    if you want to start a new paragraph, use the . (period, point) and not the , (comma).
    and try to cut the sentence when it is justified.

    Aug 28th, 2014 - 01:21 am - Link - Report abuse 0
  • yankeeboy

    21. I think the Rs will be running to the bank to try to get their money out before the next corralito.
    Its coming

    Aug 28th, 2014 - 11:57 am - Link - Report abuse 0
  • Briton

    if you want to tell the truth don't end with a lie.

    Aug 28th, 2014 - 07:46 pm - Link - Report abuse 0

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!