BP to cap, then abandon, blown-out well
GULF OF MEXICO — BP says it will never again try to produce oil through a blown-out well that’s been gushing into the Gulf of Mexico for nearly a month.
The oil has been leaking since an offshore drilling rig exploded and sank off the coast of Louisiana last month.
BP has been trying a variety of techniques to suck up the oil ever since. One finally started this working this week, but it’s still only capturing a fraction of the oil.
BP PLC chief operating officer Doug Suttles says the company will never again try to produce oil through the well. He says the right thing to do is plug the well.
BP did not rule out the company drilling elsewhere to tap the same reservoir.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Alcorn president launches new customer service task force
- NEW IN MADISON COUNTY — Mississippi Bio-Medical Business Collaboratory to be introduced Friday
- Court rules against Greenwood councilwoman; must give up office
- David Duval, former British Open winner, joins Sanderson Farms field
- GreenTech holds grand opening of neighborhood electric vehicle plant
- Turner Grain’s bankruptcy will help consolidate lawsuits alleging breach of contract
- Cochran continues to reach out to African American voters
- Peoples Bank reports quarterly loss due to bad loans
- Senators write letter over Waters of the United States proposal