Skip to comments.Brit oil strike
Posted on 04/22/2012 4:27:33 PM PDT by Snickering Hound
A HUGE oil discovery has been made in the Falklands, sources claimed last night.
The find, by a British-backed company, could contain up to a BILLION barrels of black gold an insider revealed.
The strike across two reservoirs off the Falklands southern coast was made by oil explorer Borders and Southern.
It has been tight-lipped about the discovery but shares have soared on growing rumours. Borders was unavailable for comment last night but Foreign Office officials refused to deny the news.
The latest find follows an earlier strike north of the Falklands two years ago.
Another discovery would transform the potential for the Falklands as a new "frontier" for the global oil industry
And news of it will infuriate Argentina, which lays claim to the islands and has already barred from its ports ships bearing the Falklands flag or associated with oil exploration.
An independent report on Friday valued the discovery at more than £4billion pounds with the potential for the first oil to be brought to the surface in 2015.
Rig workers are believed to have hit the field on Tuesday and tests have been going on since.
One source told the Sun last night: "Borders is a hit and it is huge. This will open up the whole basin."
The first Falklands discovery was made by ROCKHOPPER two years ago 62 miles to the NORTH of the islands.
Argentinian leader Cristina Kirchner has slammed the drilling campaign - accusing Britain of "colonialism".
A Foreign Office spokeswoman said: "The Falklands Islands government is fully entitled to develop both fisheries and hydrocarbons within its own waters."
There have been rumors for years that the continental shelf area there has as much, if not many times more, oil than there is in the gulf.
I have always said that a good way to pay off our debt is to start charging for the defense of the free world.
Both Obama and Hillary were aware of this when they recently “took no sides” on the Falklands issue. Looks like there’s something worth fighting for down there!
Don’t worry, we’ve got plenty of forces in Afghanistan that could be redeployed to protect the Falklands if neccessary...
Just in time for another Falkland’s War.
The Royal Navy may not be able to retake the Falklands again, but I doubt that Argentina could mount an invasion either. They would be better off using a little common sense and build the infrastructure to profit from all of that oil.
Oil Doesnt Come from Squashed Ferns and Fish??
An island fortress ain’t worth a hoot without a deep water navy to protect it’s supply lines and you have to admit, the Royal Navy has been badly neglected for a while.
The nightmare logistics of fighting a war in the Falklands so far and isolated from the British Islands haven’t changed.
But we have the same kind of Administration here too.
Thank God we beat the muslims.
explain that pic
Maggy Thatcher just did have enough planes in the last war.
So, do the Brits ally with Uruguay or go around the Cape to Chile to obtain support for their new riches?
Barack: I just knew there was a lot of oil over there in the Maldives. That’s what I’m talkin’ ‘bout.
It’s block-by-block analysis of possible oil in the area.
So, who's to stop them?
The Earth is still making oil. Even in the Gulf of Mexico they are finding out that pools of oil are actually increasing even though they have been in production for decades. Oil shortage? NFW!
British Forces South Atlantic have 4 ultra-modern Eurofighters on station and plenty more available within 48 hours if tensions rose, plus Type 45 destroyers and rapier missiles, supported by AEW aircraft. Argentina’s airforce is a pathetic collection of rusty, vintage aircraft with 40 year old tech at best, which would light up on a British radar screen like a christmas tree long before they got close enough to threaten the islands.
Argentina’s navy also has no answer to Britain’s Trafalgar and the new state of the art Astute class SSNs, so any seaborne invasion and supply option is unrealistic to say the least. Unlike the last time round, these SSN’s also have Tomohawk cruise missiles capable of destroying any Argentine airbase within striking distance of the Falklands. The Argies simply aren’t capable of invading and occupying the Falklands. No wonder they are at pains to stress that they are seeking a ‘peaceful and diplomatic’ solution to the issue, because they simply don’t have any other option...
Well then, that’s good to know. But if you have any trouble and still need help...well, we have to fire the Dog Eater first of course...don’t hesitate to ask;)
The blue boxes are probably the oil blocks (leases) in Argentina. The blue shaded area is most likely the location of this discovery.
All takes a while !
We shot seismic down there in the late 1970s.
Wall Street Journal reported late this week that Argentina’s leftist presidente Cristina Kirchner has moved to nationalize 51% of the huge Spanish/Argentine oil company Repsol YPF which counts Spain’s banks among its largest stockholders.
As Spain’s finances are already on the brink of collapse, Argentina’s plans were met with...barely muted panic.
Does Spain still have the Nina and Pinta in its fleet?
Hopefully, if and when the Argies got a proper modern well-run military and an economy to support it (doubtful given that their deeply-entrenched political culture is that of a banana republic governed as if according the whims of emotionally-charged simpletons) there will indeed be a Republican in the White House. It is a measure of the left’s grip on education and the media in Britain that the British public prefers Democrat US politicians to Republican ones despite it being patently obvious to any objective observer that the most pro-British administrations tend to be Republican ones...
The irony is, Spain was one of Argentina’s greatest allies and sympathisers in Europe over the Falkland’s issue. Argentina has scored a diplomatic own goal here...
> “Maggy Thatcher just did have enough planes in the last war.’
Just barely. There used to be a Vulcan bomber in the SAC air museum. The British flew into Offutt AFB in Nebraska to get it back. After several weeks of getting it airworthy, they flew it out. I do not know if it saw action or if it was used for parts. I read afterward that they were scavenging parts from museums all over the world.
I remember reading about the Vulcan bomb attacks during the Faulklands war. The started from England with either 8 or 16 airplanes (I can’t remember which), only one of which carried bombs. When half of them reached a certain point, they refueled the remaining planes from their own tanks and then turned back. Then further on, half of them refueled the remainder from their own tanks and then turned back. Etc, Etc. Only one made it all the way to drop bombs. It was met on the way back with other Vulcans for refueling. That is cutting it close. I was very disappointed that Ronald Reagan did not support her on this. We could have provided closer airbases.
BTW, the SAC air museum still has a Vulcan in their inventory, but it is NOT the one that they originally had. This one appears newer. I remember the original one had 4 huge bolts sticking out on the leading edge of each wing where the landing gear attached. The one they have now does not have bolt heads sticking out.
we provided the air refueling that was needed.
Better the Brits than Brazil.
Watch, there will be oil off or on Antarctica.
Now Falklands War 2 isn’t just flagging national pride but oil, too.
The biggest reason that Britian will retain control of the Falklands is that the Argentine people have no taste for war.
Can Britain hold it though? Will they have the fortitude to want to fight for it?
Argentina is getting frisky, and Brazil is making noises about wanting to be a world player.
OH, no - no - no, they are very much mistaken. Any honest and truthful communist agenda "progressive liberal" democrat can (and will, asked or not) throughly explain how they "wont see a drop of oil for 10 years..."
The smartest, kindest, most intelligent and BY FAR best President in the history of the u.S., The Won, Barry Shabazzz Hussein Obama The Magnificent, (ranks right up there with Lincoln) has enlightened we mere dirt chewers with the following keen insight.
It's also important to recognize if you start drilling now you won't see a drop of oil for ten years,..."
U.S. Senator Barack Obama, Aug. 8, 2008
Those foolish engineers and geologists!
They should have merely asked The Won to begin with. Armed with the fruits of his superior intellect they would have understood the folly of even attempting to explore for such new oil fields.
They COULD have expended that money and time developing $123.00 per gallon gas and diesel fuel derived from squirrel farts.
NOW they are stuck with billions of barrels of antique technology crude oil that will, once refined, contribute 0.000001% of the known poisonous global flaming gas, CO2.
Foolish, foolish, foolish...
One HK submarine could sink the Argie Navy in 30-45 minutes.
U.S. Senator Barack Obama, Aug. 8, 2008
Meaning he intends to regulate the crap out of it and tie the oil companies up in paperwork ala Carter and the nuclear industry, and himself with the coal industry.
Actually there were only two Vulcans on the raid. The remaining 11 aircraft were all Victor tankers, organised in a relay such as you describe.
I often wondered how the optimum refuelling pattern for all 13 aircraft was worked out. Presumably the RAF had enough computing power by 1982 to do it. But it would be nice to think the calculations were done in five minutes by some obscure flight sergeant on the back of an envelope.
And of course, many Argentine sailors (mostly conscripts) found permanent graves in the sea.... I think you are right regarding the Argentine peoples distaste for war.
By going for the throat, massive destruction of Buenos Aeries, the swift conclusion of the war will come.
That would probably turn us into an international pariah.
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