Repsol scraps controversial oil exploration off Canary Islands Event

Repsol gibt seine Suche nach Öl- und Gasvorkommen vor den kanarischen Inseln Lanzarote und Fuerteventura auf. Zwar habe man Öl und Gas entdeckt, teilte der spanische Ölkonzern am 16. Januar 2015 mit, doch die Vorkommen seien zu gering für eine rentable Ausbeute.

Repsol has completed the exploratory well, which began on 18 November 2014 in the Atlantic Oceana bout 60 kilometres from Lanzarote and Fuerteventura, to analyse the possible existence of hydrocarbons. The analysis of samples obtained showed the presence of gas (from methane to hexane) but without the necessary volume nor quality to consider future extraction. On 11 January, a total depth of 3,093 metres (882 metres of water depth and 2,211 metres of subsoil) was reached and the collection of data on the traversed geological formations was completed.