Non-Believer Posted September 10, 2021 Share Posted September 10, 2021 It might make a hole in the PS pension liability. Quote Link to comment Share on other sites More sharing options...
Danoo Posted September 10, 2021 Share Posted September 10, 2021 1 minute ago, Non-Believer said: It might make a hole in the PS pension liability. You're having a larf. This will be an opportunity to add a few zeros onto it. 1 Quote Link to comment Share on other sites More sharing options...
IoM Dilly Posted September 11, 2021 Share Posted September 11, 2021 Doubtful... https://www.gov.im/media/1360839/gas-prospectivity-report.pdf Quote Link to comment Share on other sites More sharing options...
manxman34 Posted September 11, 2021 Share Posted September 11, 2021 17 hours ago, Boris Johnson said: Typical IOM, lets get into something that makes us a social pariah in the modern world, To be honest we should just declare Sharia Law and invite the Taliban to rule here, In the real world, how worse would it be? Joking apart, how much worse would it be? See Tax avoidance........... See online gambling, not gaming! See carbon fuels..;................................................... See death on a grand motorsport scale as in the "TT" "Death Fest"............................................... That could easily be replaced by a twice a year Be-Heading of Infidels* *Anyone who should get a boat in the morning.................... It was a mistake to get rid of the death penalty. We could have become a tourist centre for public executions, importing condemned people from around the world and turning them off in front of a baying crowd. This would extend the use of the TT grandstand throughout the year, and we could stream live on social media, raising the Island's international profile. Could be a linked video game franchise... Would need a protected brand, though - CapiTTal Punishment? I think it's got legs (3) 1 Quote Link to comment Share on other sites More sharing options...
b4mbi Posted September 11, 2021 Share Posted September 11, 2021 1 hour ago, IoM Dilly said: Doubtful... https://www.gov.im/media/1360839/gas-prospectivity-report.pdf Yeah, you posted that 2013 report on iomtoday. Did you read it? To me it says the gas is there, and another test well and 3d seismic survey is required before conclusions can be reached. So how is that "doubtful"?? Quoting directly.... The conclusions are that gas is present in the Permian sands, the prospects are larger than the estimates made by BP, a 3D seismic survey is needed to accurately define these prospects, and reservoir delivery can only be proven with another well. 1 Quote Link to comment Share on other sites More sharing options...
Zarley Posted September 11, 2021 Share Posted September 11, 2021 It was said at last night's debate that the gas reserves in question are off the southwest coast, not the northeast, and allegedly wouldn't involve fracking. The information was in response to a question of whereabouts the gas would come ashore - but the question (as to where it would come ashore) wasn't specifically answered. I would speculate Peel or PSM. I'm embarrassed to say I can't remember who gave this information, however it was likely Cowin as he seems to be the "authority" on the subject. The debate has yet to appear on the MR website so I can't refresh my memory. On the subject of Cowin, at least twice he had to ask "what was the question again?", and the only one to do so. I thought he'd be a good candidate when he first declared, but after seeing him in person... OMG. He'd be an MHK disaster zone. He's far more right-wing than I thought he'd be and he's kinda creepy as well. Don't think I'd want to be in a room alone with him and my daughter agreed. 1 Quote Link to comment Share on other sites More sharing options...
The Phantom Posted September 11, 2021 Share Posted September 11, 2021 Cowin is making it up! It's quite clearly off Maughold. Relatively shallow. There is a bloody dep trench off the SW coast and would more than likely be a nightmare to drill. Due to the complete absence of infrastructure on the Island to extract and process, the most sensible option would be for a submerged drill head (after the initial drilling there wouldn't be an oil rig off Maughold). They'd then probably just run an undersea pipeline to Morecambe or other processing plant on the NW coast of the UK. 1 Quote Link to comment Share on other sites More sharing options...
TheTeapot Posted September 11, 2021 Share Posted September 11, 2021 Should just sell it. Work out how much gas you'd need to run run the power station and say we want that much plus cash, and build some bloody windturbines. 2 Quote Link to comment Share on other sites More sharing options...
Gladys Posted September 11, 2021 Share Posted September 11, 2021 8 minutes ago, TheTeapot said: Should just sell it. Work out how much gas you'd need to run run the power station and say we want that much plus cash, and build some bloody windturbines. Exactly, but rather than sell it, licence it. 3 Quote Link to comment Share on other sites More sharing options...
IoM Dilly Posted September 11, 2021 Share Posted September 11, 2021 (edited) 1 hour ago, b4mbi said: Yeah, you posted that 2013 report on iomtoday. Did you read it? To me it says the gas is there, and another test well and 3d seismic survey is required before conclusions can be reached. So how is that "doubtful"?? Quoting directly.... The conclusions are that gas is present in the Permian sands, the prospects are larger than the estimates made by BP, a 3D seismic survey is needed to accurately define these prospects, and reservoir delivery can only be proven with another well. Yes I did. I would suggest this one is not economically viable. Hence no one has mustered £10m to do a new survey. Also note :- Russia - the worlds biggest producer of gas only pumped out £30Bn last year. I'm pretty sure it does not all come from a single well either. £800Bn is a big number. Just saying. Edited September 11, 2021 by IoM Dilly Quote Link to comment Share on other sites More sharing options...
Zarley Posted September 11, 2021 Share Posted September 11, 2021 1 hour ago, The Phantom said: Cowin is making it up! It's quite clearly off Maughold. Relatively shallow. There is a bloody dep trench off the SW coast and would more than likely be a nightmare to drill. Maybe around the Chickens. It's not too deep for scallop fishing. Quote Link to comment Share on other sites More sharing options...
Boris Johnson Posted September 11, 2021 Share Posted September 11, 2021 1 hour ago, IoM Dilly said: £800Bn is a big number Is a Typo.................... Quote Link to comment Share on other sites More sharing options...
Beelzebub3 Posted September 11, 2021 Share Posted September 11, 2021 3 hours ago, IoM Dilly said: Yes I did. I would suggest this one is not economically viable. Hence no one has mustered £10m to do a new survey. Also note :- Russia - the worlds biggest producer of gas only pumped out £30Bn last year. I'm pretty sure it does not all come from a single well either. £800Bn is a big number. Just saying. Maybe the big property investors have heard about the gas "klondike" and are getting ready for the roughnecks and roustabouts that will be required to extract the gas, be like a modern Isle of Man hillbilly type of thing Jed "Quayle" Clampet richest man in the world sitting on £800bn. 1 Quote Link to comment Share on other sites More sharing options...
Zarley Posted September 11, 2021 Share Posted September 11, 2021 21 minutes ago, Beelzebub3 said: Maybe the big property investors have heard about the gas "klondike" and are getting ready for the roughnecks and roustabouts that will be required to extract the gas, be like a modern Isle of Man hillbilly type of thing Jed "Quayle" Clampet richest man in the world sitting on £800bn. Jed better get his skates on then, he's got less than a fortnight to lay claim. Quote Link to comment Share on other sites More sharing options...
finlo Posted September 11, 2021 Share Posted September 11, 2021 Someone very knowledgeable about such things told me many years ago that with modern drilling technology those outside our territorial waters would be already drawing off this reserve! 2 Quote Link to comment Share on other sites More sharing options...
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