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About a year back there was the furore of a huge HC in the Cuban side of the GOM... I mentioned that by all models that until they found it there was no oil... Was told that all my theories were wrong...And that t
I was of the opinion that there was HC on the cuban side but with the provision that it may not be commercial and they have to find it first...
This morning at Heathrow, I sat with a geologist I know who was in the know he mentioned that there was non commercial....on the second well..
Here is a report that Cartoche 1 was not quite bone dry...
2nd Cuban offshore oil well also a bust
The Associated Press
Published: Monday, Aug. 6, 2012 - 7:11 am
HAVANA -- Cuba says that a second exploratory offshore oil well has proved unviable, dealing another setback to the island's dreams of petroleum riches.
A statement published Monday in Communist Party newspaper Granma says the drilling operation carried out by Malaysia's PC Gulf and Russia's Gazpromneft concluded July 31.
Analysis of the findings reveals an "active petroleum system" but one that is incapable of providing significant quantities of oil and gas.
Monday's statement from government-owned oil company Cubapetroleo says it "cannot be qualified as a commercial discovery."
It is the second well this year to come up dry.
The Scarabeo-9 rig that carried out both explorations now passes to Venezuelan state oil company PDVSA for another attempt.
Read more here: http://www.sacbee.com/2012/08/06/469...#storylink=cpy
I was of t
Here is te
I was of the opinion that there was HC on the cuban side but with the provision that it may not be commercial and they have to find it first...
This morning at Heathrow, I sat with a geologist I know who was in the know he mentioned that there was non commercial....on the second well..
Here is a report that Cartoche 1 was not quite bone dry...
2nd Cuban offshore oil well also a bust
The Associated Press
Published: Monday, Aug. 6, 2012 - 7:11 am
HAVANA -- Cuba says that a second exploratory offshore oil well has proved unviable, dealing another setback to the island's dreams of petroleum riches.
A statement published Monday in Communist Party newspaper Granma says the drilling operation carried out by Malaysia's PC Gulf and Russia's Gazpromneft concluded July 31.
Analysis of the findings reveals an "active petroleum system" but one that is incapable of providing significant quantities of oil and gas.
Monday's statement from government-owned oil company Cubapetroleo says it "cannot be qualified as a commercial discovery."
It is the second well this year to come up dry.
The Scarabeo-9 rig that carried out both explorations now passes to Venezuelan state oil company PDVSA for another attempt.
Read more here: http://www.sacbee.com/2012/08/06/469...#storylink=cpy
I was of t
Here is te
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