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OK, we all heard about this new oil find in Dubai ...

OK, we all heard about this new oil find in Dubai ...

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Old May 6th 2010, 8:28 pm
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Default OK, we all heard about this new oil find in Dubai ...

... anybody heard anything since then?
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Old May 7th 2010, 11:54 am
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Default Re: OK, we all heard about this new oil find in Dubai ...

Originally Posted by hnd
... anybody heard anything since then?
I'm more interested in the one in the Falkland Islands!!
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Old May 7th 2010, 5:52 pm
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Default Re: OK, we all heard about this new oil find in Dubai ...

Spent 9 months in the Falklands in early 80's and no amount of oil would get me back to that place. Good luck to you
Cans of Carlsberg elephant beer in the Globe hotel, mutton bugers, bennys, Stills and Andy's. Next to no women, Never again
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Old May 7th 2010, 6:28 pm
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Default Re: OK, we all heard about this new oil find in Dubai ...

Originally Posted by hnd
... anybody heard anything since then?
I thought the inside word was that it wasn't actually a new discovery, just one they'd kept hush about from years ago, probably because at the time it was barely commercially viable to develop. So, likely to be in the low hundreds of millions of barrels range at very best. 'Finding' it now was really just a bit of positive PR.
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Old May 7th 2010, 7:45 pm
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Default Re: OK, we all heard about this new oil find in Dubai ...

Originally Posted by Tockalosh
Spent 9 months in the Falklands in early 80's and no amount of oil would get me back to that place. Good luck to you
Cans of Carlsberg elephant beer in the Globe hotel, mutton bugers, bennys, Stills and Andy's. Next to no women, Never again
Sorry you didn't enjoy my home! I left in 1972 for some of the reasons you mention! But also to get a technical education in UK!

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Old May 10th 2010, 6:05 pm
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Default Re: OK, we all heard about this new oil find in Dubai ...

Originally Posted by abz_to_dbx
I thought the inside word was that it wasn't actually a new discovery, just one they'd kept hush about from years ago, probably because at the time it was barely commercially viable to develop. So, likely to be in the low hundreds of millions of barrels range at very best. 'Finding' it now was really just a bit of positive PR.
This is what I have also heard from a guy I know who was with DP at the time.

I would say, though, that the range you mention is pretty inflated to what I was told... I'd be knocking off at least 2-3 zeros from your numbers....
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Old May 10th 2010, 6:32 pm
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Default Re: OK, we all heard about this new oil find in Dubai ...

Originally Posted by TGFKASE
I would say, though, that the range you mention is pretty inflated to what I was told... I'd be knocking off at least 2-3 zeros from your numbers....
The range I suggested was just my best (or not as it may be) guess on what the size would likely be. If it is considerably smaller, which I don't doubt it could be, you have to wonder just how desperate they were that they needed to 'discover' it all over again.
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Old May 10th 2010, 7:36 pm
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Default Re: OK, we all heard about this new oil find in Dubai ...

Originally Posted by TGFKASE
This is what I have also heard from a guy I know who was with DP at the time.

I would say, though, that the range you mention is pretty inflated to what I was told... I'd be knocking off at least 2-3 zeros from your numbers....
In that case I want to buy that well as well...
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