Tuesday, May 18, 2010

BP Doubles Estimate for Oil Capture in Gulf of Mexico Spill

BP Plc said it has doubled the amount of oil it is collecting with from the leak below the Gulf of Mexico to about 2,000 barrels a day.
After inserting a 4-inch (10.2 centimeters) diameter tube into the leaking 21-inch pipe, the London-based company estimates it is collecting about two-fifths of the oil that is leaking. The company said yesterday it was capturing about 1,000 barrels of oil a day from the mile-long pipeline connected to the well.
Doug Suttles, BP’s chief operating officer for exploration and production, said yesterday he would be “extraordinarily pleased” if the company could double the amount of capture and that it is “carefully and slowly” trying to increase the rate. BP said today it has so far spent $625 million on the response to the spill following the explosion on the Deepwater Horizon drilling rig that killed 11 crew members.
At least 94,000 barrels (3.9 million gallons) have leaked into the Gulf since the April 20 blast. BP said today that the oil it is collecting is being stored on the drillship, while produced gas is being flared.
The well is leaking at an estimated rate of 5,000 barrels a day, according to BP, the U.S. Coast Guard and the National Oceanic and Atmospheric Administration. That estimate was challenged May 14 by U.S. Representative Edward Markey, a Massachusetts Democrat, citing analysis by independent researchers that it may be more than 10 times higher.creature
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