BP Admits Crucial Mistake; Big Spat on Rig Preceded Explosion; Top Kill Underway
by ilene - May 27th, 2010 1:46 am
BP Admits Crucial Mistake; Big Spat on Rig Preceded Explosion; Top Kill Underway; Workers Getting Sick; More Videos
Courtesy of Mish
In what is absolutely guaranteed to spawn more lawsuits BP Cites Crucial ‘Mistake’
Oil giant BP PLC told congressional investigators that a decision to continue work on an oil well in the Gulf of Mexico after a test warned that something was wrong may have been a "fundamental mistake," according to a memo released by two lawmakers Tuesday.
The document describes a wide array of mistakes in the fateful final hours aboard the Deepwater Horizon—but the main revelation is that BP now says there was a clear warning sign of a "very large abnormality" in the well, but work proceeded anyway.
The rig exploded about two hours later.
According to the memo, BP identified several other mistakes aboard the rig, including possible contamination of the cement meant to seal off the well from volatile natural gas and the apparent failure to monitor the well closely for signs that gas was leaking in, the congressmen wrote in their post-meeting memo. An immense column of natural gas, erupting from the oil well, fueled the fireball that destroyed the rig.
A Transocean spokesman said in response to the memo: "A well is constructed and completed the same way a house is built—at the direction of the owner and the architect. And in this case, that’s BP."
The memo sheds new light on a key test performed hours before the explosion that has been a focus of congressional investigations. BP previously told investigators that a "negative pressure" test, which checks for leaks in the well, was inconclusive at best and "not satisfactory" at worst.
But in the meeting Tuesday, BP went further, saying the results were an "indicator of a very large abnormality" but that workers—unnamed in the memo—decided by 7:55 p.m. that the test was successful after all. That may have been a "fundamental mistake," BP’s investigator said in the meeting, according to the memo.
Transocean argued with BP before blast
Transocean is attempting to absolve itself from legal blame, perhaps rightfully so.
Tonight we see Big Spat on Rig Preceded Explosion
Douglas H. Brown, Transocean’s chief mechanic on the Deepwater Horizon rig, said key representatives from both companies had a "skirmish" during an 11 a.m. meeting on April 20. Less
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Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...
Ilene is editor and affiliate program
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