Humpback is the first well to encounter oil in the potentially larger systems in deeper waters off the southeast of the Falkland Islands; however the oil and gas across a number of reservoir targets in the well drilled to a depth of 5.136 meters, were in non-commercial quantities. Read full article
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Very disappointing. Looks like the whole southern basin could be a wash out despite the weak encouragement contained in the RNS.Oct 30th, 2015 - 08:41 am - Link - Report abuse 0
Still....proven commercial oil in the North.....onwards and upwards.
That,s the name of the game! Sometimes the seismic is right - live oil/gas is found- sometimes it is not quite and the drill says maybe there WAS oil there once but now it has gone somewhere else.Oct 30th, 2015 - 09:24 am - Link - Report abuse 0
But cue Marcos and all the other gibbering ones to come on and attempt to crow but succeed only in feeble squeaks- they or course have never ever had a non-commercial well anywhere in Argentina of course!?
Current drilling round offshore here has hit commercial twice and found non-commercial once - in 3 drills - NO dry dusters so far.
Roll on the next 2.
We all know that at current prices operations will end for a few years in Jan/Feb 2016 anyway! When Oil goes back up in price - who knows what will happen.
Another day, another duster...Oct 30th, 2015 - 11:27 am - Link - Report abuse 0
Marcos- Do try and learn to read,Oct 30th, 2015 - 12:11 pm - Link - Report abuse 0
a duster is a dry well no traces - this one had oil and gas - just not commercial.
There are basically 3 well finds:
1- Dry Duster
2 - Hydrocarbons present but not commercial
3 - Commercial Hydrocarbon find
So far this drilling round there have been 3 wells done - 2 in
the 3rd level and 1 in the 2nd level.
IslanderOct 30th, 2015 - 04:29 pm - Link - Report abuse 0
They drilled so deep I was afraid they may hit magma Lol.
If the hydrocarbon finds don't add up to much then Argentina might give up wanting the Falklands altogether. It makes you think that maybe we should cheat on the findings!Oct 30th, 2015 - 05:33 pm - Link - Report abuse 0
that´s what happens when you steal what is not yours. https://factsandfictionsofmalvinasislands.wordpress.com/2015/10/09/booklet-argentinas-actions-at-the-united-nations/Oct 30th, 2015 - 06:32 pm - Link - Report abuse 0
@5. What's wrong with magma? Directed magma on to the scum of the world.Oct 30th, 2015 - 07:19 pm - Link - Report abuse 0
@6. So glad you raised that point. South america not yours. Just stolen by criminals. The history says that millions of south americans were murdered by spanish. Others thought they could ride the coat-tails. Ready too be executed for your crimes?
@6Oct 30th, 2015 - 07:39 pm - Link - Report abuse 0
that´s what happens when you steal what is not yours.
Like when you stole Patagonia?
Your attempt to steal the Falklands in 1982 backfired when the troops that the British 'weren't going to send' according to your buddy Galteiri, turned up.
We even gave you a month's warning!
I noticed that despite being an army general, your buddy stayed 1000 miles away, whilst General Moore was on the Islands and Rear Admiral Sandy Woodward was closer to the action than plastic face Anaya.