PxPixel
Official: Gulf well is permanently sealed - Trade Only Today

Official: Gulf well is permanently sealed

Author:
Publish date:

The BP oil well in the Gulf of Mexico - source of the largest offshore oil spill in U.S. history - has been permanently killed, a top federal official announced Sunday.

Thad Allen, the federal spill response chief, said pressure tests confirmed that BP's effort to intersect the well and plug it with cement nearly 18,000 feet below the ocean surface had proved successful, according to media reports.

"With this development, which has been confirmed by the Department of the Interior's Bureau of Ocean Energy Management, we can finally announce that the Macondo 252 well is effectively dead," Allen said in a statement. "Additional regulatory steps will be undertaken, but we can now state, definitively, that the Macondo well poses no continuing threat to the Gulf of Mexico."

The damaged well spewed 205 million gallons until engineers affixed a cap to the well in July.

The disaster, which began in April after an explosion sank a drilling rig, closed fisheries in the Gulf of Mexico, sidelining workers and dealing a heavy blow to the seafood industry and beach towns from Louisiana to Florida.

Click here for the full article.

Related

New boat sales relatively flat in June

New boat sales in June grew marginally, with a 1.1 percent rise in the main powerboat categories and just 0.2 percent growth overall, according to preliminary data from Statistical Surveys Inc., a Michigan firm that tracks registrations.

Mazu releases new sportfishing app

Technology and satellite communications company Mazu has launched a sportfishing app that seeks to give anglers weather and sea state information, and provide powerful communications capabilities via satellite.