Falklands Oil .......
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When will more pilots be required down in the Falklands?
Cue wind and rolling tumble weed!
Someone must have something to say on the potential of these developments or am I just getting ahead of myself? I can't help but feel that this could have a massive effect on our lives and our industry! Surely helicopter companies must be doing feasibility studies and preparing bids for servicing the platforms? Is it secret or will it take a few more years for things to start moving? They have quoted with the recent find that it is commercially viable at $50 a barrel, which means it is viable now!
Would it be fair to say that it could go 1 of 2 ways:
A) They cap the exploration drilling and leave it for 5-10 years, knowing where the oil is for the future. They have invested a lot already so would they really think about doing this?
or
B) They start extracting the oil from the recent find as soon as they can. If this happens and then it snowballs, to the point of the above prediction that there is as much oil down there as there is in the North Sea, then they will need a lot of pilots. It could mean that 10 years from now, 50% of the pilots from Europe that are reading this post will at some time in their career do a stint down in the Falklands!
Anyone else see other possible outcomes, and likely time frames? (Ignoring Argentina's influence at this stage!)
PT
Someone must have something to say on the potential of these developments or am I just getting ahead of myself? I can't help but feel that this could have a massive effect on our lives and our industry! Surely helicopter companies must be doing feasibility studies and preparing bids for servicing the platforms? Is it secret or will it take a few more years for things to start moving? They have quoted with the recent find that it is commercially viable at $50 a barrel, which means it is viable now!
Would it be fair to say that it could go 1 of 2 ways:
A) They cap the exploration drilling and leave it for 5-10 years, knowing where the oil is for the future. They have invested a lot already so would they really think about doing this?
or
B) They start extracting the oil from the recent find as soon as they can. If this happens and then it snowballs, to the point of the above prediction that there is as much oil down there as there is in the North Sea, then they will need a lot of pilots. It could mean that 10 years from now, 50% of the pilots from Europe that are reading this post will at some time in their career do a stint down in the Falklands!
Anyone else see other possible outcomes, and likely time frames? (Ignoring Argentina's influence at this stage!)
PT
CH3CH2OH
Out of interest does any of the experience hands have first hand examples of the typical time line from exploration to commercial extraction. That is if Rockhopper decide they wanted to start to extract, what's your best estimate on how long it would take before they need more than the current level of say half a dozen pilots down there to service the rigs.
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"Geologists estimate that up to 60bn barrels of oil and gas equivalent could lie in the Atlantic waters, which would put the region on a par with the North Sea"
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Thanks 5711N0205W, I guess that means after studying the findings from the exploration, comparing notes with other drilling companies, raising investment and building the infrastructure nothing interesting will happen for us for about 5 years?
And yes the political issues are going to be interesting to say the least! Lets just hope someone doesn't decide to axe the building of the new aircraft carriers or I think we will see history repeating! We'll end up buying Hermes back from the Indians or is it still on the sand bank just outside Pompey?
And yes the political issues are going to be interesting to say the least! Lets just hope someone doesn't decide to axe the building of the new aircraft carriers or I think we will see history repeating! We'll end up buying Hermes back from the Indians or is it still on the sand bank just outside Pompey?
A simple idea on how to keep the Falklands out of Argentine hands, let the Royal Navy sub skippers loose (within a chosen maritime defensive zone) and put a staunch Air Defense package on the islands, backed up with a squadron or two/three of fighters, and a EW capability of your choice.
After enough dead sailors and soldiers, and enough planes falling from the sky, the folks in Buenos Aires will see sense.
And I sincerely hope it never comes to that.
After enough dead sailors and soldiers, and enough planes falling from the sky, the folks in Buenos Aires will see sense.
And I sincerely hope it never comes to that.
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A simple idea on how to keep the Falklands out of Argentine hands, let the Royal Navy sub skippers loose (within a chosen maritime defensive zone) and put a staunch Air Defense package on the islands, backed up with a squadron or two/three of fighters, and a EW capability of your choice. After enough dead sailors and soldiers, and enough planes falling from the sky, the folks in Buenos Aires will see sense.
Marvellous. By the way, our emergency budget is next week I think. Oh, and not all nuts crack when you hit them with sledgehammers. The North Vietnamese for example.
Given that Falklands is a defensive campaign, as I described it, being a response to a land grab, your referring to Vietnam is irrelevant. Likewise, you might want to read my entire post, to include the last sentence.
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Lonewolf_50
I thought the US was in SV to defend democracy etc from a NV 'land grab'. However, I still agree Vietnam is irrelavent here - the defenders lost!
Of course we could claim Argentina has WMDs (well they did hide all those Nazi boffins post-war). Then we can get the US to invade. The costs would be offset by all the oil in Argentine waters. Isn't that the Texan approach to international relations?
BTW is 'staunch' as in the Orange Order? I didn't realise they had SAMs. Just as well because a few of them think that New York is a state that sponsored terrorism!
I thought the US was in SV to defend democracy etc from a NV 'land grab'. However, I still agree Vietnam is irrelavent here - the defenders lost!
Of course we could claim Argentina has WMDs (well they did hide all those Nazi boffins post-war). Then we can get the US to invade. The costs would be offset by all the oil in Argentine waters. Isn't that the Texan approach to international relations?
BTW is 'staunch' as in the Orange Order? I didn't realise they had SAMs. Just as well because a few of them think that New York is a state that sponsored terrorism!
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the latest!
Rockhopper declares Falklands oil discovery will be commercially viable; MercoPress
Rockhopper declares Falklands oil discovery will be commercially viable; MercoPress
Rockhopper Exploration (RKH.L) said it believed its oil discovery offshore the Falklands Islands will be commercially viable. A test at the Sea Lion 1 well in the North Falkland basin produced sustained rates of over 2,000 barrels of oil per day, in line with its hopes, Rockhopper said in a statement on Friday.
BBC Link
2 December 2010 Last updated at 22:49 GMT Share this pageFacebookTwitter ShareEmail Print Falklands oil found by Desire Petroleum
A number of exploration companies are seeking oil in the Falklands Continue reading the main story
Related stories
Well failure knocks Falkland Oil
Oil company claims Falklands find
Falkland Islands: Oil or no oil?
A British exploration company says it has discovered oil off the Falkland Islands in the South Atlantic - the second such find this year.
Desire Petroleum said it would carry out further tests to assess the significance of the discovery.
It said it believed further oil fields would be found in the area.
Oil exploration around the Falklands has angered Argentina, which challenges British sovereignty over the islands it calls the Malvinas.
Desire Petroleum's shares went up by 24% on the news.
Long-running dispute
Chairman of Desire Stephen Phipps called the find in the North Falkland Basin "highly encouraging."
Another British company, Rockhopper, found oil in the same area in May.
It is not clear if either find will prove commercially viable.
The resumptrion of oil exploration around the Falklands earlier this year revived the long-running dispute between Britain and Argentina over the islands.
In February Argentina announced new controls on shipping to the Falklands.
It has also raised the issue at the United Nations and rallied support for its sovereignty claim among Latin American countries.
Britain says it has no doubt about its sovereignty over the islands, where most of the population is of British descent.
The Argentine military invaded the Falklands in 1982 but was defeated by Britain in the war which followed.
P1
2 December 2010 Last updated at 22:49 GMT Share this pageFacebookTwitter ShareEmail Print Falklands oil found by Desire Petroleum
A number of exploration companies are seeking oil in the Falklands Continue reading the main story
Related stories
Well failure knocks Falkland Oil
Oil company claims Falklands find
Falkland Islands: Oil or no oil?
A British exploration company says it has discovered oil off the Falkland Islands in the South Atlantic - the second such find this year.
Desire Petroleum said it would carry out further tests to assess the significance of the discovery.
It said it believed further oil fields would be found in the area.
Oil exploration around the Falklands has angered Argentina, which challenges British sovereignty over the islands it calls the Malvinas.
Desire Petroleum's shares went up by 24% on the news.
Long-running dispute
Chairman of Desire Stephen Phipps called the find in the North Falkland Basin "highly encouraging."
Another British company, Rockhopper, found oil in the same area in May.
It is not clear if either find will prove commercially viable.
The resumptrion of oil exploration around the Falklands earlier this year revived the long-running dispute between Britain and Argentina over the islands.
In February Argentina announced new controls on shipping to the Falklands.
It has also raised the issue at the United Nations and rallied support for its sovereignty claim among Latin American countries.
Britain says it has no doubt about its sovereignty over the islands, where most of the population is of British descent.
The Argentine military invaded the Falklands in 1982 but was defeated by Britain in the war which followed.
P1
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Wonder if the CH-53's AIM-9 launch rail would fit on the 92's sponson...? 
Continued Argentine intimidation of the Falklands
I/C
Continued Argentine intimidation of the Falklands
I/C
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Does anyone know of any helicopter companies preparing bids to service the drilling down that way or do BIH have the exclusive rights?
Not much info on whose operating down there, and if there are 2 L2's going that way then they have to be register'd on somebody's books.
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L2's in the Falklands
Does anyone have any further info as to who is operating the 2 x L2's that has been mentioned to be in the Falklands are they their yet even..?
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It's been in the industry press for a while now, so no secret.
Falkland Islands News Network - Financial Information and News
The CHC "sale" was probably just a transfer between divisions or re- reg.
Falkland Islands News Network - Financial Information and News
The CHC "sale" was probably just a transfer between divisions or re- reg.
Last edited by inputshaft; 23rd Mar 2011 at 18:48.
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Since half of us Europeans are going to end up in the Falklands at one point does anyone have good ideas on what to do down there when we are not flying?
Eating penguins and drinking is a given. Any other way to kill time in Port Stanley?
Eating penguins and drinking is a given. Any other way to kill time in Port Stanley?
Since half of us Europeans are going to end up in the Falklands at one point