Posted by admin on 08 6th, 2010 | no responses

BP won’t rule out future oil drilling at Gulf of Mexico well

by Agence France-Presse. NEW ORLEANS — BP may drill a new well in the future to extract crude left behind in the reservoir of a damaged Gulf of Mexico oil field, a senior executive with the firm said Friday. “Clearly there’s lots of oil and gas here and we’ll have to think about what to do with that at some point,” BP CEO Doug Suttles told reporters. Asked whether BP would consider donating the proceeds from the sale of any oil from the well to those affected by the worst maritime oil spill on record, or selling the rights to another oil company, Suttles said, “We just haven’t thought about that.” “What we’ve been focused on is the response right now. We haven’t even thought about what we’d do with this reservoir and this field someday.” BP is currently waiting for a cement plug to dry so it can resume work on a relief well, which will finally “kill” the well by injecting mud and cement in from below. Suttles said an enormous amount of cleanup remains on shore, and stressed that BP, which has taken a major reputation hit, is committed to the long-term recovery of the region. He declined to rule out the possibility of drilling elsewhere in the rich reservoir. “What we’ve stated is the original well that had the blowout and the relief wells will be abandoned,” Suttles said. Related Links: BP collecting millions in government stimulus funds for California power plant The climate clock ticks faster, a solar campus, butter as biofuel, and 7 more green tales BP plugs runaway oil well in Gulf of Mexico

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BP won’t rule out future oil drilling at Gulf of Mexico well

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Posted by admin on 08 6th, 2010 | no responses

BP won’t rule out future oil drilling at Gulf of Mexico well

by Agence France-Presse. NEW ORLEANS — BP may drill a new well in the future to extract crude left behind in the reservoir of a damaged Gulf of Mexico oil field, a senior executive with the firm said Friday. “Clearly there’s lots of oil and gas here and we’ll have to think about what to do with that at some point,” BP CEO Doug Suttles told reporters. Asked whether BP would consider donating the proceeds from the sale of any oil from the well to those affected by the worst maritime oil spill on record, or selling the rights to another oil company, Suttles said, “We just haven’t thought about that.” “What we’ve been focused on is the response right now. We haven’t even thought about what we’d do with this reservoir and this field someday.” BP is currently waiting for a cement plug to dry so it can resume work on a relief well, which will finally “kill” the well by injecting mud and cement in from below. Suttles said an enormous amount of cleanup remains on shore, and stressed that BP, which has taken a major reputation hit, is committed to the long-term recovery of the region. He declined to rule out the possibility of drilling elsewhere in the rich reservoir. “What we’ve stated is the original well that had the blowout and the relief wells will be abandoned,” Suttles said. Related Links: BP collecting millions in government stimulus funds for California power plant The climate clock ticks faster, a solar campus, butter as biofuel, and 7 more green tales BP plugs runaway oil well in Gulf of Mexico

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Posted by admin on 08 6th, 2010 | no responses

BP won’t rule out future oil drilling at Gulf of Mexico well

by Agence France-Presse. NEW ORLEANS — BP may drill a new well in the future to extract crude left behind in the reservoir of a damaged Gulf of Mexico oil field, a senior executive with the firm said Friday. “Clearly there’s lots of oil and gas here and we’ll have to think about what to do with that at some point,” BP CEO Doug Suttles told reporters. Asked whether BP would consider donating the proceeds from the sale of any oil from the well to those affected by the worst maritime oil spill on record, or selling the rights to another oil company, Suttles said, “We just haven’t thought about that.” “What we’ve been focused on is the response right now. We haven’t even thought about what we’d do with this reservoir and this field someday.” BP is currently waiting for a cement plug to dry so it can resume work on a relief well, which will finally “kill” the well by injecting mud and cement in from below. Suttles said an enormous amount of cleanup remains on shore, and stressed that BP, which has taken a major reputation hit, is committed to the long-term recovery of the region. He declined to rule out the possibility of drilling elsewhere in the rich reservoir. “What we’ve stated is the original well that had the blowout and the relief wells will be abandoned,” Suttles said. Related Links: BP collecting millions in government stimulus funds for California power plant The climate clock ticks faster, a solar campus, butter as biofuel, and 7 more green tales BP plugs runaway oil well in Gulf of Mexico

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BP won’t rule out future oil drilling at Gulf of Mexico well

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