So much for the protecting the environment argument. Those guys came
down to Georgia back in the '80's. Screwed up a few thousand acres of
virgin salt marsh and didn't find enough gas to make a decent fart.

Yachtbroker wrote:
interesting reading today in the nassau guardian


The Government on Tuesday at Buena Vista Restaurant signed an agreement with
Kerr McGee Bahamas Limited, for the exploration of natural gas and oil on the
Great Bahama Bank.


he Agreement provides for the company to drill in 3,000 to 6,000 or more feet
of water, making it the first venture that will explore in deep waters in The
Bahamas. The cost to Kerr McGee to dig a well would be $20 million to $25
million.




--
Glenn Ashmore

I'm building a 45' cutter in strip/composite. Watch my progress (or lack
there of) at: http://www.rutuonline.com
Shameless Commercial Division: http://www.spade-anchor-us.com

Just wait until Kerr-McGee finds out that each and every thing they
bring to Bahamas that floats: tugs, drilling rigs, crew ferry vessels,
moring balls, etc. etc. etc. ... will incur a $300 fee !!!!!

Yachtbroker wrote:
interesting reading today in the nassau guardian


The Government on Tuesday at Buena Vista Restaurant signed an agreement with
Kerr McGee Bahamas Limited, for the exploration of natural gas and oil on the
Great Bahama Bank.


he Agreement provides for the company to drill in 3,000 to 6,000 or more feet
of water, making it the first venture that will explore in deep waters in The
Bahamas. The cost to Kerr McGee to dig a well would be $20 million to $25
million.

wow....... never thought about that.
whats even weird is that the actual agrement was signed on June 26th
(kerr web site reports) not July 23rd as stated , 5 days later with a weekend
in there they raised their save the enviroment fees. I wonder whats up?

Yachtbroker wrote:

interesting reading today in the nassau guardian


The Government on Tuesday at Buena Vista Restaurant signed an
agreement with
Kerr McGee Bahamas Limited, for the exploration of natural gas and
oil on the
Great Bahama Bank.

The Agreement provides for the company to drill in 3,000 to 6,000 or
more feet
of water, making it the first venture that will explore in deep
waters in The
Bahamas. The cost to Kerr McGee to dig a well would be $20 million to
$25
million.

RichH wrote:
Just wait until Kerr-McGee finds out that each and every thing they
bring to Bahamas that floats: tugs, drilling rigs, crew ferry vessels,
moring balls, etc. etc. etc. ... will incur a $300 fee !!!!!

Wanna bet against their being exempted under some provision?

Hold it! Look again: "Kerr McGee Bahamas Limited". As "Bahamians", they
wouldn't be subject to the tax.

--
Jere Lull
Xan-a-Deux ('73 Tanzer 28 #4 out of Tolchester, MD)
Xan's Pages: http://members.dca.net/jerelull/X-Main.html
Our BVI FAQs (290+ pics) http://homepage.mac.com/jerelull/BVI/

x-no-archive:yes (Yachtbroker) wrote:

interesting reading today in the nassau guardian


The Government on Tuesday at Buena Vista Restaurant signed an agreement with
Kerr McGee Bahamas Limited, for the exploration of natural gas and oil on the
Great Bahama Bank.


he Agreement provides for the company to drill in 3,000 to 6,000 or more feet
of water, making it the first venture that will explore in deep waters in The
Bahamas. The cost to Kerr McGee to dig a well would be $20 million to $25
million.

The Great Bahama Bank is very shallow. Where are they going that the
water is 3K to 6K deep?

grandma Rosalie

x-no-archive:yes "Jeff Morris" jeffmo@NoSpam-sv-lokiDOTcom wrote:

The banks are, of course, quite shallow, but the bottom drops off very dramatically. It
is over 1000 meters right next to many of the banks. Just north of Nassau it goes to 3600
meters. I wonder if they drill at an angle, so they get to oil that's under the banks?

But if the water is deep, they aren't on the Banks anymore - they are
in the Tongue of the Ocean or the Northwest Providence Channel or the
Straits of Florida.

"Rosalie B." wrote in message
.. .
x-no-archive:yes (Yachtbroker) wrote:

interesting reading today in the nassau guardian


The Government on Tuesday at Buena Vista Restaurant signed an agreement with
Kerr McGee Bahamas Limited, for the exploration of natural gas and oil on the
Great Bahama Bank.


he Agreement provides for the company to drill in 3,000 to 6,000 or more feet
of water, making it the first venture that will explore in deep waters in The
Bahamas. The cost to Kerr McGee to dig a well would be $20 million to $25
million.

The Great Bahama Bank is very shallow. Where are they going that the
water is 3K to 6K deep?

grandma Rosalie


grandma Rosalie

So you put the rig in 100' of water, then directionally drill right down the
inside of the slope to get to the oil at 15,000'. Easier to keep the rig in
place.

--


Keith
__
If your house costs more than your boat...your priorities are all screwed
up!
"Rosalie B." wrote in message
...
x-no-archive:yes "Jeff Morris" jeffmo@NoSpam-sv-lokiDOTcom wrote:

The banks are, of course, quite shallow, but the bottom drops off very
dramatically. It
is over 1000 meters right next to many of the banks. Just north of
Nassau it goes to 3600
meters. I wonder if they drill at an angle, so they get to oil that's
under the banks?

But if the water is deep, they aren't on the Banks anymore - they are
in the Tongue of the Ocean or the Northwest Providence Channel or the
Straits of Florida.

"Rosalie B." wrote in message
.. .
x-no-archive:yes (Yachtbroker) wrote:

interesting reading today in the nassau guardian


The Government on Tuesday at Buena Vista Restaurant signed an
agreement with
Kerr McGee Bahamas Limited, for the exploration of natural gas and oil
on the
Great Bahama Bank.


he Agreement provides for the company to drill in 3,000 to 6,000 or
more feet
of water, making it the first venture that will explore in deep waters
in The
Bahamas. The cost to Kerr McGee to dig a well would be $20 million to
$25
million.

The Great Bahama Bank is very shallow. Where are they going that the
water is 3K to 6K deep?

grandma Rosalie


grandma Rosalie