The process of switching caps temporarily allows for more oil to leak from the well.
Katarzyna Klimasinska - BUSINESSWEEK
- July 11, 2010
When are those relief wells going to become active?? --Ed.
BP Plc made progress overnight in the effort to install a new cap that would capture all of the oil leaking from its Macondo well in the Gulf of Mexico.
BP unbolted a flange from the top of the leaking well, a precursor to attaching the new cap sometime in the next week, Senior Vice President Kent Wells said today. The London-based company also plans to begin collecting some of the leaking oil aboard the Helix Producer I vessel later today, he said.
We had a productive night, Wells told reporters during a conference call. Were pleased with our progress.
Replacing the cap and attaching the Helix Producer I may increase the oil-collecting capacity to as much as 80,000 barrels a day. A government-led panel of scientists has estimated the well is leaking 35,000 barrels to 60,000 barrels a day.
BP diverted 15,200 barrels from the well to surface ships yesterday, according to a posting on its website. The company has captured more than... [Read More]