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Falklands oil explorers replace costly drilling in the south-east basin

Tuesday, April 14th 2015 - 11:49 UTC
Full article 29 comments

Three oil explorers drilling in the Falkland Islands, including Houston based Noble Energy have shelved plans to drill a second well in the south and east Falklands following the steep drop in oil prices, one of the partners said on Monday. Partners, which also include London-listed Falkland Oil and Gas (FOGL) and Edison International, said they would continue drilling in other parts of the region. Read full article

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  • paulcedron

    hold on a second...
    ...lol

    what did i tell ya months ago, you clowns?
    that those cesspits are completely unviable.

    you want to have the great life because of oil??
    lol. get a job, you parasites.

    Apr 14th, 2015 - 02:17 pm - Link - Report abuse 0
  • UK101

    @2 It is only unviable because of the current oil prices, the oil itself is perfectly fine. I know this due to my connections in the oil industry.

    Anyway it's not like we are relying on oil, i couldn't care less if a single drop never reached the surface, at the end of the day at least you grubby thieves still don't have the Falklands.

    Apr 14th, 2015 - 02:40 pm - Link - Report abuse 0
  • FI_Frost

    “Never argue with an idiot. They will only bring you down to their level and beat you with experience.”

    Apr 14th, 2015 - 02:41 pm - Link - Report abuse 0
  • Conqueror

    @1. Typical argie pervert ignorance. I won't set it all out because you don't have the education or intelligence to comprehend. Is there anyone in SoAm that can take this perverted moron somewhere and drown it? Slowly. There's a prize if you make it last a week.

    Apr 14th, 2015 - 02:42 pm - Link - Report abuse 0
  • paulcedron

    brainless FY
    “It is only unviable because of the current oil prices, the oil itself is perfectly fine. I know this due to my connections in the oil industry.”

    your connections with oil industry could be summarized in cleaning toilets in a gas stations.

    you like the rest of the assholes here do not know a shite about oil industry, and worse, about life.

    it is very funny how these thieves, go-getters and arrivistes of these “oil companies” can deceive a group of 2000 bennys.

    not a surprise.
    the bennys are not known for their intelligence, no?

    Apr 14th, 2015 - 02:51 pm - Link - Report abuse 0
  • FI_Frost

    Re: 1 & 5. I repeat:

    “Never argue with an idiot. They will only bring you down to their level and beat you with experience.”

    Apr 14th, 2015 - 03:08 pm - Link - Report abuse 0
  • gordo1

    @1 idiotchild/payaso/mamarracho/nabo

    Did you read the article?

    “Oil explorers across the globe have scrapped expensive drilling work to rein in costs on the back of a steep decline in oil prices and instead focus on projects that will bring more immediate returns.”

    Apr 14th, 2015 - 03:10 pm - Link - Report abuse 0
  • merlin

    If that is so then why do you concern yourself about its extraction?
    Its oil,property of the Falklands Islanders,who have perfectly good title under International Law,do they not?
    But you can always take the matter to the ICJ.
    Out of interest,why have Argentina not done this?
    M

    Apr 14th, 2015 - 03:11 pm - Link - Report abuse 0
  • Teaboy2

    @5

    Your idioticy has no boundaries does it?

    Don't you realise that is Oil Prices can go down, they can also go up too. In other words, when the Oil price has gone up, they are likely to go and drill there anyway. Where at the moment with the Oil Price being the lowest it has been for years, it makes more economic and business since, to concentrate on extraction of oil where they know Oil is and make a profit, then to spend millions on exploration wells with no guarantee of the black stuff being there or being in viable quality or quantity!

    Jesus, its not rocket science!!

    Apr 14th, 2015 - 03:45 pm - Link - Report abuse 0
  • golfcronie

    @1
    Never mind about the FALKLANDS just think about all the oil and gas in PUTA MIERDA ( oooops I meant PUTA MUERTA oops VACA MUERTA) hows that going as I haven't heard much about it as yet.

    Apr 14th, 2015 - 03:49 pm - Link - Report abuse 0
  • paulcedron

    9 imbecile
    the important thing in any oil investment is:
    1. the quality of oil.
    2. the oil well potential.

    now let's see what happens in the rest of the world:
    Essar Plans Exploration Drilling in Two Offshore Blocks in India, Vietnam
    Karoon Gas Finds Hydrocarbons at Echnida-1 Well in Brazil's Santos Basin
    Statoil Makes Gas Find Near Aasta Hansteen Field
    Transerv Gets Ready to Drill 2 Wells at Warro Gas Field in Perth Basin

    as you can see, you knucklehead, the industry continues with its job.
    it is only in the stinky islets, where those cesspits cannot even be called oil wells, where exploration and drilling are suspended.

    Apr 14th, 2015 - 04:53 pm - Link - Report abuse 0
  • M_of_FI

    Baiting Paul has almost become a sport on here!

    Apr 14th, 2015 - 07:03 pm - Link - Report abuse 0
  • gordo1

    @12 M_of_FI

    He's such a “loquito de remate” that he doesn't realise we are all making fun of him. So he goes on and on and on - he's great entertainment and nobody takes any notice of his meanderings.

    Apr 14th, 2015 - 07:08 pm - Link - Report abuse 0
  • Briton

    CFK has stated that as soon as they find/buy a 2ndhand ship, she will put Admiral paulcedron in charge and sent him forthwith to deal with you nasty brits...lol

    Apr 14th, 2015 - 07:12 pm - Link - Report abuse 0
  • Orbit

    12,13. There's something of a Father Jack about him... Feck! Drink! Arse! Stinky Islets!

    Apr 14th, 2015 - 07:49 pm - Link - Report abuse 0
  • toooldtodieyoung

    14 Briton

    “CFK has stated that as soon as they find/buy a 2ndhand ship, she will put Admiral paulcedron in charge and sent him forthwith to deal with you nasty brits...lol”

    Much lolz!!! This 2nd hand ship.....It had better have a BIG compass on it, but even then, even WITH it's help, I doubt that our dear enemy BottyBoyPaulie would be capable of finding his own ar*e let alone us nasty Brits!!!

    Apr 14th, 2015 - 08:21 pm - Link - Report abuse 0
  • Klingon

    Lol, Your defense of this topic is to attack Paul.

    Now you Isletters can go back to playing soggy biscuit.
    No oil boom for you!
    How is that shitty “hotel” complex coming? http://goo.gl/ngB0ij

    Apr 14th, 2015 - 09:25 pm - Link - Report abuse 0
  • lsolde

    We can attack you too, Klingdon, if you want us to.
    paulcedron is a burrito.
    l actually think that hes a troll, maybe even a British troll.
    Nobody could be as stupid as he portrays. lts all an act.
    lf so then he has a weird sense of humour, that only he/she finds funny.
    But its fun to bait the idiot.
    paulcedron--ldiot child.

    Apr 14th, 2015 - 09:38 pm - Link - Report abuse 0
  • paulcedron

    17 klingon
    lol.
    i forgot their version of “construction boom”.
    a pair of rusty containers is the great thing for these benny-hillbillies.

    7 gordo tirapedos
    and do you believe in this article, you imbecile?
    do you think that this 4th class newspaper or that twat of the picture are going to tell you the truth about those cesspits, you retarded fart blower?

    if you want to have a minimal notion about the current state of oil industry, start reading rigzone.
    but i strongly doubt that you can understand a shite.
    clearly the fat is clogging that little brain you have in that fat head.

    Apr 14th, 2015 - 09:47 pm - Link - Report abuse 0
  • Lord Ton

    If I read this correctly, they haven't stopped drilling - they are just moving to a different area to that originally planned for a 2nd well?

    Apr 14th, 2015 - 10:16 pm - Link - Report abuse 0
  • golfcronie

    Hows PUTA MIERDA going Paul? Drilling any more wells or is it too expensive to drill and frack, could be ok to find conventional oil deposits but you would need US$ 70 a barrel to break even. Why don't you read oilzone?

    Apr 14th, 2015 - 10:17 pm - Link - Report abuse 0
  • Marcos Alejandro

    20 Lord Ton

    Roger, get used to it :-))

    “The announcement also follows Argentina's ramping up of political pressure on the companies last week”

    http://www.bbc.com/news/business-32284376#

    Apr 15th, 2015 - 04:13 am - Link - Report abuse 0
  • FI_Frost

    @22

    Marcos, but how do you explain the fact that the same number of holes is to be drilled? Further spudding in the south is still possible. Also in the North.

    Its a pain for you I know, but Argentina is utterly irrelevant with regard to this campaign. Also, the failure of this campaign is irrelevant to the islanders future prosperity.

    Apr 15th, 2015 - 08:07 am - Link - Report abuse 0
  • Room237

    23 FI_Frost
    You are correct, same amount of wells drilled, they are just targeting the higher potential in the North Falklands Basin. As I understand it the Rhea Prospect has been firmed up with the Zebedee discovery. A very nice little cluster of fields developing there with good clean Lower Cretaceous sandstone reservoirs.

    Apr 15th, 2015 - 10:36 am - Link - Report abuse 0
  • Pete Bog

    “the bennys are not known for their intelligence, no?”

    Spoken by an Argentine with zero intelligence.

    Apr 15th, 2015 - 11:22 am - Link - Report abuse 0
  • Brit Bob

    @22

    Think not
    http://www.bizjournals.com/houston/blog/drilling-down/2015/04/houston-energy-company-expands-in-the-falkland.html?hc_location=ufi

    Apr 15th, 2015 - 07:13 pm - Link - Report abuse 0
  • Briton

    Klingon
    one suggests that you Klingon to you views, before pauly Klingons to you...lol

    Apr 15th, 2015 - 07:39 pm - Link - Report abuse 0
  • Falkland Islands

    Think, Marcos, and all the other idiots, why don't you go and comment on the greasy fat slob Maximo that is running to corrupt your crappy country even more. Our oil looks even better after you see that crap.

    Apr 15th, 2015 - 10:18 pm - Link - Report abuse 0
  • Briton

    Mr Filmus said the area being explored was “as much ours as the centre of Buenos Aires.
    It’s ours, all ours and we aren’t sharing with a bunch of pirates,
    We will fight you in the courts, in the arena , and in the streets, in the name of peace.

    Adding that the firms were ”performing illegal acts by entering Argentine territory
    Tensions between London and Buenos Aires have again been raised after Argentina initiated legal proceedings against three British and two American companies drilling for oil and gas off the Falkland

    We are determined to cause maximum chaos and misery

    British reply,
    The Foreign Secretary Philip Hammond has slammed the move as “an outrageous piece of bullying”.
    “It's an outrageous abuse of international procedure and we will take any action we can to resist it”
    Mr Hammond went on to say that the Foreign Office was talking to the United States about what possible action to take

    http://forces.tv/

    .

    Apr 17th, 2015 - 06:37 pm - Link - Report abuse 0

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