Monday, June 07, 2010

BP's well cap now containing 15,000 barrels of oil a day

Sorry folks, unlike some of my conservative bretherin I do not believe there is some sort off vast left wing conspiracy to stop offshore drilling forever. I do believe, however, one must take some of these reports with a grain of salt.
NEW YORK (MarketWatch) -- BP PLC moved closer Monday to bringing to heel the Gulf of Mexico gusher that ranks as the worst spill in U.S. history, but officials acknowledged that more equipment is needed to process the huge flow of oil and natural gas coming from the ruptured well.

U.S. Coast Guard Adm. Thad Allen said BP is now capturing about 15,000 barrels of oil a day from a containment cap lowered onto the riser pipe lats last week, but more oil continues to billow out into the water from unclosed vents on the cap, as well as from broken parts of the seal.

BP will bring in a second processing platform with a capacity of 20,000 barrels a day to handle the mix of oil, gas and seawater coming from the well, Allen said during a press conference at the White House.

"The second vessel is on its way," Allen said.

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