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GasBuddy News Article

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Cuban offshore oil plans gain momentum

CNN -- Havana, Cuba (CNN) -- While the Gulf of Mexico oil spill has sparked debate in America on the merits of deepwater drilling, 90 miles away Cuba's offshore plans are quietly taking shape.

The country aims to drill seven exploration wells in its share of the Gulf of Mexico by 2014, according to American oil experts who recently met with Cuba's state oil monopoly Cupet and regulatory officials.

"Cuba's a sovereign nation and they're going to drill on their shelf waters and in their economic zone," Lee Hunt, the president of the International Association of Drilling Contractors, told CNN.

Spain's largest oil company, Repsol, has ordered a Chinese rig to start exploring in Cuban waters.

"They expect the arrival of the Scarabeo 9 rig sometime around the end of the first quarter next y


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Submitted Sep 02, 2010 By: BMW2014
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REPLIES (newest first)
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graceman
Champion Author Baltimore

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Message Posted: Sep 3, 2010 12:26:23 AM

I see more problems.
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Vette1967
Champion Author Albany

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Message Posted: Sep 3, 2010 12:22:43 AM

I hope they have more safety measures in place than BP did.
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fuelconscious
Champion Author Los Angeles

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Message Posted: Sep 3, 2010 12:04:08 AM

Are they expecting payments in cuban cigars?
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playtimeCLE
Champion Author Cleveland

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Message Posted: Sep 2, 2010 9:34:05 PM

Its there waters. Let them drill until they have a leak that effects us. Then we will make them pay.
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Lugi1967
Champion Author Ohio

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Message Posted: Sep 2, 2010 5:54:32 PM

Drill baby, drill
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JimTee
Champion Author Tampa

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Message Posted: Sep 2, 2010 5:51:46 PM

I tend to agree with MAC48. We need to drill or we will loose.
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Luckylindy
Champion Author Milwaukee

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Message Posted: Sep 2, 2010 5:19:00 PM

Chinese well drilling ships in waters this close to us. That can't be a good idea.
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MAC48
All-Star Author Dallas

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Message Posted: Sep 2, 2010 4:56:17 PM

And we sit idly by twiddling our thumbs while Cuba with Chinese assistance taps into the oil & natural gas reservoirs between Florida & Cuba. It will not be long before the Cuban wells engage in slant drilling taking oil from reserves lying in US waters.

We do not drill in this area because the Florida tourism & sport fishing interest vehemently oppose exploration for & production of oil & natural gas in this area due to the fear that such production might mess up their businesses.

These are the same Florida business interest that refused to go with light blackouts during the early months & years of WWII because it would hurt their tourism business. It did not matter to them that their well lighted towns, cities & resorts silhouetted passing US ships making them easy targets for German U-boats.

To heck with the Florida tourism business interest & Governor Charlie Crist. Start exploring for & eventual production of the oil & natural gas reserves in US waters between Florida & Cuba. IF we do not, the Cubans will and we will produce the oil & natural gas in a much more environmentally sound manner.
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PDQBlues
Champion Author San Diego

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Message Posted: Sep 2, 2010 3:43:44 PM

If it's their waters they drill in, good for them.
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kag2010
Champion Author Winnipeg

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Message Posted: Sep 2, 2010 3:15:15 PM

sounds better than before.
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OHMS
Champion Author Orange County

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Message Posted: Sep 2, 2010 2:39:56 PM

sounds better than the previously reported "offshore Florida". Still Chinese ships with giant equipment sailing to CUBA sounds like the experience JFK experienced. What else comes on those ships?
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