BP Says Gulf Well Pressure Rising, No Sign of Leak

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BP Plc is “encouraged” after a pressure test that halted the flow from its Gulf of Mexico well indicated no sign of an oil leak.

Pressure in the well built steadily to about 6,700 pounds per square inch and is still rising, indicating no leakage from the wellbore, Kent Wells, BP’s senior vice president for exploration and production, said on a conference call with reporters today. Pressure of at least 8,000 pounds per square inch is needed to confirm the integrity of the well, he said.