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Hmmm, where could we find oil? Anyone have any Ideas?

Discussion in 'Entertainment' started by HBMurphy, Sep 2, 2009.

  1. Sep 2, 2009 at 9:00 AM
    #1
    HBMurphy

    HBMurphy [OP] Ban Pending

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    BP announces `giant' oil discovery in Gulf of Mexico; size not yet determined

    On Wednesday September 2, 2009, 5:44 am EDT
    Buzz up! 67
    Print
    Companies: ConocoPhillips
    LONDON (AP) -- BP PLC said Wednesday that it had made a "giant" oil discovery in the Gulf of Mexico but had not yet determined the size and commercial potential of the find.

    The well, in Keathley Canyon block 102 about 250 miles (400 kms) southeast of Houston, is in 4,132 feet (1,259 meters) of water, the company said.

    The Tiber well was drilled to a total depth of 35,055 feet (10,685 meters), making it one of the deepest wells ever drilled by the oil and gas industry, BP said.

    BP has a 62 percent interest in Tiber, while Petrobras holds 20 percent and ConocoPhillips has 18 percent.

    BP shares were up 1.9 percent at 529.5 pence on the London Stock Exchange.
     
  2. Sep 2, 2009 at 11:47 AM
    #2
    chris4x4

    chris4x4 With sufficient thrust, pigs fly just fine. Moderator

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    I hope this is for real, and they drill NOW.
     
  3. Sep 2, 2009 at 11:48 AM
    #3
    NAAC3TACO

    NAAC3TACO Just east of crazy

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    +1
     
  4. Sep 2, 2009 at 11:52 AM
    #4
    HBMurphy

    HBMurphy [OP] Ban Pending

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    Well, they say it might not be developed before 2020 but I think we all know a place where we could have oil pumping way before then that's in the US.
     
  5. Sep 2, 2009 at 12:18 PM
    #5
    Packman73

    Packman73 ^^^^ 3%er ^^^^

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    We'll probably let China drill there. :rolleyes:
     
  6. Sep 2, 2009 at 12:36 PM
    #6
    HBMurphy

    HBMurphy [OP] Ban Pending

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    Yeah the way things are going, we'll probably let France and Afghanistan drill and develop ANWR as an apology move!
     
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