BP Sees Progress Making Gulf Oil-Capture System More Efficient
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BP Plc is making progress on removing a device capturing oil from its leaking Macondo well in the Gulf of Mexico, as it prepares to install a more efficient collection system.
BP plans to have a new seal on the gushing well sometime within the next week and the company said it will take two to three weeks to connect all the surface vessels to the wellhead. BP’s target is to collect as much as 80,000 barrels a day, more than the estimated amount of the leak, Kent Wells, vice president of exploration and production, said in a conference call from Houston yesterday.