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More Oil Found in Guyana

 
Runs 2017-01-12 10:51:11 

Link Text

 
Kay 2017-01-12 11:11:39 

In reply to Runs

The Payara field discovery is about 10 miles (16 km) northwest of the 2015 Liza discovery.

Rass this is leaning more on the Venezuela side. Dem can find anything northeast?smile

 
pelon 2017-01-12 11:16:57 


The Stabroek Block is 6.6 million acres (26,800 square kilometers). Esso Exploration and Production Guyana Limited is operator and holds 45 percent interest in the Stabroek Block. Hess Guyana Exploration Ltd. holds 30 percent interest and CNOOC Nexen Petroleum Guyana Limited holds 25 percent interest.

The people: 0%

So civilians will look to employment opportunities (high paying jobs*) on these oil findings since "wealth distribution" is zero...
With open eyes, Paradox of Plenty.

Jobs from oil:
* how many persons work on a typical oil rig? about 180 (mostly specialized and seldom local)
* refinery: if they develop that refinery after extracting oil.... that's where 2000 - 4000 jobs can come in.

The money in privatized offshore oil drilling seldom trickles down to the masses..... and comparatively, looking at Venezuela, even government run oil can be perilous.

help a simpleton out: who are the principals of "Production Guyana Limited"???

 
Runs 2017-01-12 11:32:31 

After colonisation the slaves worked here in Guyana to support the mother country, very little if anything was left in Guyana..How much will Guyanese benefit from the proceeds of the oil. cool

 
steveo 2017-01-12 12:03:48 

In reply to Runs

A top ranking US military commander visited Granger a few days ago, take from that what you will...

 
pelon 2017-01-12 12:14:57 

In reply to Runs

How much will Guyanese benefit from the proceeds of the oil.
My question exactly.

 
Runs 2017-01-12 12:24:30 

In reply to steveo

Is this confirmed or unsubstantiated cool
Please post source

 
steveo 2017-01-12 12:48:33 

In reply to Runs

Is this confirmed or unsubstantiated cool
Please post source


Dude my word is iron...but I will try to find the link

here you go

 
Kay 2017-01-12 12:51:28 

In reply to pelon

Jobs from oil:
* how many persons work on a typical oil rig? about 180 (mostly specialized and seldom local)
* refinery: if they develop that refinery after extracting oil.... that's where 2000 - 4000 jobs can come in.

I already posted on this matter a few weeks ago and predicted that the only jobs will go to the concession and supplies people with small boats who will take stuff out to sea and blackmarket it to the foreigners. For example ... Brazillian prostitutes for the hard working men smile

 
Drapsey 2017-01-12 13:43:15 

In reply to Kay

I already posted on this matter a few weeks ago and predicted that the only jobs will go to the concession and supplies people with small boats who will take stuff out to sea and blackmarket it to the foreigners. For example ... Brazillian prostitutes for the hard working men

Why Brazillian, the Guyanese not up to snuff?

 
Kay 2017-01-12 13:50:09 

In reply to Drapsey

Correction: Talking bout the Brazilians trading under the Guyana flag ....

 
Runs 2017-01-12 13:56:25 

Sad state of affairs have made many Guyanese negaholics. They cannot see any positiveness. lol

 
Kay 2017-01-12 14:11:38 

In reply to Runs

Well I admire your positivity sa.

More Oil Found in Guyana


Never heard of the previous amount. Are they exporting or using it locally? smile

 
Runs 2017-01-12 14:23:50 

In reply to Kay

You need to get with the times sir razz

 
SnoopDog 2017-01-12 14:25:32 

In reply to Kay

Never heard of the previous amount. Are they exporting or using it locally?


Everybady house gah coconut oil bhai. lol

 
Kay 2017-01-12 14:42:10 

In reply to SnoopDog

smile

 
camos 2017-01-12 15:16:50 

US will convince GT to spend more than the oil revenue on arms purchase! lol

 
Curtis 2017-01-12 17:27:48 

what ever happened to CGX? they still looking for oil in Kitty?

 
Curtis 2017-01-12 17:29:02 

In reply to camos

GDF will get helicopters and tanks lol

 
Runs 2017-01-12 17:55:21 

Link Text

 
Kay 2017-01-12 18:58:20 

In reply to Runs

Ah bought quite a bit of shares in CGX about 16 years ago cheap cheap cheap. Got to go and dig up that investment now....

 
Curtis 2017-01-12 20:13:31 

In reply to Runs

what it saying - CGX will find something soon?

 
Runs 2017-01-13 10:03:17 

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TnT Minister Energy Minister Ramnarine gives Guyanese advice

 
Runs 2017-01-13 15:08:37 

Analysts at Tudor, Pickering, Holt & Co. Securities still think the news is positive for both companies. They estimated in a report in early January that the Payara-1 well is targeting 750 million barrels of oil equivalent. And given the latest news, they are now estimating the Liza find to contain 1.2 billion barrels. So in total, the Guyana discovery could reach 2 billion barrels -- which would be worth $100 billion at $50 oil.

 
Cardiac 2017-01-13 15:53:39 

Well....Halliburton was here recently as well. Along with what looked like Middle Eastern interests.

 
Runs 2017-01-13 15:57:14 

In reply to Cardiac

Annexing lol

 
Runs 2017-01-14 07:43:03 

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“It’s not often that a country goes from 0 to 60 so fast like this,” said Matt Blomerth, head of Latin American Upstream Research for Wood Mackenzie, a consultancy firm. Industry excitement over Guyana was stirred by a widely distributed report on Friday by the firm that said, “Guyana is rapidly joining the ranks of serious oil and gas players.” cool

 
Curtis 2017-01-14 09:18:02 

Guyana to start lending money to Trinidad and other WI islands
lol lol lol

yuh sure they not cranking we up?

 
Runs 2017-01-14 10:57:22 

In reply to Curtis

We will get a pittance from it razz

 
steveo 2017-01-14 11:16:17 

In reply to Runs


“It’s not often that a country goes from 0 to 60 so fast like this,” said Matt Blomerth, head of Latin American Upstream Research for Wood Mackenzie, a consultancy firm. Industry excitement over Guyana was stirred by a widely distributed report on Friday by the firm that said, “Guyana is rapidly joining the ranks of serious oil and gas players.”


Yep, expect major problems the next election, Granger and Co will not let go of an oil rich Guyana, you see whats happening to the GECOM issue? Granger is interpreting the law allow him to pick the next chairman himself.

It will all boil down to who grants the US the best backball.

Mo money, mo problems. Seriously.

 
Runs 2017-01-14 14:18:14 

In reply to steveo

I see it the same, am thinking he may be whom they want. cool