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BP Might Drill New Well In Gulf Reservoir Where Oil Spill Originated

BP PLC says it may in the future drill in the same Gulf of Mexico oil reservoir that blew its top and caused one of the world's worst spills. Officials said Friday at a news briefing in New Orleans that the company hasn't closed the door to tapping the reservoir again. Chief Operating Officer Doug Suttles says "there's lots of oil and gas here." He says "we're going to have to think about what to do with that at some point."

 

BP says mud pumped into well in Gulf is holding down the oil; feds say most of oil is gone

BP claimed a key victory Wednesday in the effort to plug its blown-out well as a government report said much of the spilled oil is gone — though what's left is still nearly five times the amount that poured from the Exxon Valdez.

 

Oil in Gulf Poses Only Slight Risk, New U.S. Report Says

Oil in Gulf Poses Only Slight Risk, New U.S. Report Says

Only about 26 percent of the oil from the Deepwater Horizon leak is still in the water or onshore, and most of it is diluted and breaking down rapidly, officials say.

 

Gulf Leak Becomes Worst Spill in History

Gulf Leak Becomes Worst Spill in History

Gov't scientists now estimate nearly 5 million barrels of oil have leaked into the Gulf since April, easily topping Mexico's 1979 spill of 3.3 million barrels | DAY 105Questions on Dispersants |

 

BP could start "static kill" on well Monday says official

BP could start

A key two-step procedure to seal BP Plc.'s Macondo well could begin late on Monday, the top U.S. oil spill official said on Sunday.

 

Congressman: too much dispersant used in oil spill

As BP inched closer to permanently sealing the blown-out well in the Gulf of Mexico, congressional investigators railed the company and Coast Guard for part of the cleanup effort, saying too much toxic chemical dispersant was used.

 

Oil spill mars UC Berkeley's BP-funded research

BP's catastrophic oil spill in the Gulf of Mexico is fueling opposition to the University of California, Berkeley's research partnership with ...

 

BP optimistic well will be sealed soon

BP optimistic well will be sealed soon

One hundred days after an oil well operated by BP ruptured in the Gulf of Mexico, the man overseeing the federal response is optimistic that steps planned for the coming days will finally, permanently seal the well.

 

NOAA: Oil is degrading quickly

Spill from blowout is degrading rapidly in warm waters, becoming tougher to find, director says.

 

BP to seek $10B U.S. tax credit

BP to seek $10B U.S. tax credit

Tax deduction on losses from oil spill could mean taxpayers will pay for half of $20B claim fund.

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Senh: Only $10B? That's nice of BP. While they're at it, they might as well claim the entire $20B. That's kinda sneaky of them to use tax write-offs for this.

 

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