Skip to main content

BP closer to permanent Gulf well cap

BP plans to finish drilling into the base of the Macondo well in the Gulf of Mexico this week to pump in mud and cement and permanently plug the source of the world's biggest offshore oil spill.

Cement that was poured in last week sealed the top of the well on the ocean floor about a mile below the surface. "The pressure testing following the cementing operations indicates we have an effective cement plug," the company said Sunday.

BP said the cost of the spill rose to $6.1 billion, Bloomberg reports.

The well spewed an estimated 4.9 million barrels of crude after an April 20 explosion aboard the Deepwater Horizon drilling rig until BP capped the top July 15 with a stack of valves on.

BP has stopped skimming for oil in the ocean because it's having trouble finding crude on the surface, Doug Suttles, chief operating officer for exploration and production, told Bloomberg.

About 74 percent of the oil that flowed from Macondo evaporated, dissolved or biodegraded, or was burned, skimmed or captured, the government said in a report last week.

Click here for the full article.

Related

norm

Can Our Customers Get High When They Eat Fish?

A recent study found that dozens of pharmaceuticals are turning up in fish. The culprit: wastewater facilities that can’t remove medicines that the human body doesn’t process.

1_REDSNAPPER

NOAA Announces Two-Day Red Snapper Season

The strict, two-day July season is the result of a “management regime based on guesses that is penalizing the success of this rebuilding stock,” according to the Center for Sportfishing Policy.

1_MERCURYBAILEY

Mercury Hires VP for Electrification

The company said Perissa Millender Bailey will lead its strategy for electric propulsion and the Mercury Avator outboard.

1_PULSEPINGMAY

DEALERS: Tell Us Your Sustainability Practices

The latest Pulse Report survey asks about clean energy and other environmentally friendly policies. Take the survey here.

1_Q&A_KEVINWILLIAMS

Q&A with Kevin Williams

Kevin Williams of the NMMA is helping the recreational marine industry deploy strategies to achieve diversity, and to recognize diversity’s importance to the bottom line.

AdobeStock_184647372

Tax-Planning Considerations for Manufacturers

Tax-planning strategies that manufacturers should be aware for this year

2_YAMAHA

Breaking Down Barriers

Technician training instructors Meghin Montesa and Lucy Berg are paving the way for more women to build careers through Yamaha Marine