Oil in Britain?

[groucho]

Just been reading this... "Trapped beneath 65,354 sq km of seabed and surrounding ocean is an oil field so deep it could produce enough crude oil to end Britain's dependence on Russian and Middle East oil for the next 15 years.

And it's located in a 100% British owned area.

In the entire region, there's an estimated 60 BILLION barrels of oil. Untapped."

What do you reckon? Piss take?

[Puggit]

Falklands?

[Jon C]

groucho said:

Just been reading this... "Trapped beneath 65,354 sq km of seabed and surrounding ocean is an oil field so deep it could produce enough crude oil to end Britain's dependence on Russian and Middle East oil for the next 15 years.

And it's located in a 100% British owned area.

In the entire region, there's an estimated 60 BILLION barrels of oil. Untapped."

What do you reckon? Piss take?

British owned area? or Britain?

Whats the source (of the item, not the oil, )?

[Red Firecracker]

Nope, probably true.

The 'clincher' will be the price of exploiting it. Now, I suspect that the matrix of potential profit to initial outlay is moving towards exploiting the more expensive areas all the time.

Isn't the Falklands supposed to be sitting on a few barrels?

[m4tthew]

Puggit said:

Falklands?

Scotland.

Good excuse to dig it up!

[Jon C]

Red Firecracker said:

Isn't the Falklands supposed to be sitting on a few barrels?

now that would explain a few things...

[groucho]

Jon C said:

groucho said:

Just been reading this... "Trapped beneath 65,354 sq km of seabed and surrounding ocean is an oil field so deep it could produce enough crude oil to end Britain's dependence on Russian and Middle East oil for the next 15 years.

And it's located in a 100% British owned area.

In the entire region, there's an estimated 60 BILLION barrels of oil. Untapped."

What do you reckon? Piss take?

British owned area? or Britain?

Whats the source (of the item, not the oil, )?

Britain.

ETA: No, not Britain, it doesn't say where but Falklands would be my bet.

Edited by groucho on Friday 1st August 10:54

[Fittster]

Red Firecracker said:

Isn't the Falklands supposed to be sitting on a few barrels?

People often talk as if there is but I'm not aware of any significant proven reserves.

[prand]

There are a couple of oil wells in Poole Harbour. Those nodding donkey pumps look a bit incongruous out on that island - as they look like they should be in Texas or something.

[Jon C]

http://www.stockgumshoe.com/2008/07/10-billion-bar...

[Overhaulin]

^^^^ That would be BP's Wytch Farm Field.

Exploration wells drilled around 1999 around the Falkland Islands discovered hydrocarbons but the wells were effectively dry holes.

[V8S]

Which is in Dorset! Yay for Dorset.

[Overhaulin]

I think drilling is still ongoing on Furzey Island. A lot of the wells there are very technically advanced from a drilling perspective.

[Gooby]

The Goathorn platform (part of Which) is slant drilling offshore. They are currently increasing the size of the site.

[TpdNotts]

Overhaulin said:

I think drilling is still ongoing on Furzey Island. A lot of the wells there are very technically advanced from a drilling perspective.

Yep, was on cruise around Brownsea Island last Saturday and the guide chap showed us two small islands around Poole Harbour where BP were able to find considerable amounts of oil and had paid considerable amounts of money to drill there. Apparently goes 'seven miles out to sea'.

[fleetelise]

groucho said:

Just been reading this... "Trapped beneath 65,354 sq km of seabed and surrounding ocean is an oil field so deep it could produce enough crude oil to end Britain's dependence on Russian and Middle East oil for the next 15 years.

And it's located in a 100% British owned area.

In the entire region, there's an estimated 60 BILLION barrels of oil. Untapped."

What do you reckon? Piss take?

well for starters what has depth got to do with it?

[biglepton]

groucho said:

Just been reading this... "Trapped beneath 65,354 sq km of seabed and surrounding ocean is an oil field so deep it could produce enough crude oil to end Britain's dependence on Russian and Middle East oil for the next 15 years.

And it's located in a 100% British owned area.

In the entire region, there's an estimated 60 BILLION barrels of oil. Untapped."

What do you reckon? Piss take?

They are talking about the Falkland Islands oil fields. I thought everyone knew about them.

http://www.fogl.com/operations/default.asp

[AdeTuono]

Gooby said:

The Goathorn platform (part of Which) is slant drilling offshore. They are currently increasing the size of the site.

No it isn't, and no they're not. And there's no such thing as Goathorn platform either. Apart from that, you're 100% correct.